Should You Buy DeepBook Protocol in 2025?

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At HelloSafe, our expert has been monitoring the progress of DeepBook Protocol cryptocurrency for over three years. Each month, hundreds of thousands of users in Ireland trust us to analyse market trends and identify the best investment opportunities. Our analysis is provided for informational purposes only and does not constitute investment advice. In line with our ethical guidelines, HelloSafe has never purchased DeepBook Protocol nor received any compensation from entities associated with its ecosystem.

DeepBook Protocol at a glance

How much does one DeepBook Protocol cost?

The price of DeepBook Protocol is up this week. Currently trading at $0.154 USD, DEEP has seen a 5.45% increase in the past 24 hours and a 6.7% rise over the last seven days. The market capitalisation stands at $499.7 million, with an average daily trading volume of $25–30 million USD over the past three months, making it the 112th largest cryptocurrency globally. There are 3.24 billion DEEP tokens in circulation, representing about 32.4% of the max supply, and DEEP’s market dominance is approximately 0.07%. With notable short-term volatility, DeepBook Protocol continues to attract attention for its underlying growth and expanding presence in the DeFi space.

Our complete review of the DeepBook Protocol cryptocurrency

Have the latest on-chain signals, technical patterns, and market flows revealed a new upward trajectory for DeepBook Protocol (DEEP)? Our team’s proprietary algorithms have synthesized three years of DeepBook’s evolution alongside current industry trends—cross-referencing on-chain indicators, price action, and sector positioning for a comprehensive outlook. So, why might DeepBook Protocol again represent a strategic entry point into the decentralized exchange (DEX) infrastructure segment in 2025?

Recent Performance and Market Context

Price Evolution & Velocity

Since its launch on Sui in October 2024 at an all-time low of $0.01075, DeepBook Protocol (DEEP) has displayed remarkable price appreciation, posting a 1,337% gain within its first year and outperforming nearly all of its DEX DeFi peers. As of June 2025, DEEP trades at $0.154—recovering impressively from recent consolidation phases, with a 7-day advance of +6.7% and a 24-hour gain of +5.45%. The protocol hit a significant all-time high of $0.3436 on January 19, 2025, before retracing and stabilizing above robust support at $0.146, indicating orderly market structure even amidst volatility.

Positive Event Catalysts

• Major CEX Listings: April 2025 saw DEEP listed on Upbit, South Korea's leading exchange, which ignited a 38% single-day price surge and substantially broadened liquidity access. Recent additions to other global platforms (Gate.io, Bybit, KuCoin, Binance perpetuals) have further cemented deep, organic order book depth.
• Industry Recognition: DEEP’s flagship role at Sui Basecamp 2025 highlights growing institutional appetite for protocol-grade DeFi infrastructure.
• Ecosystem Validation: The protocol's critical performance during the Cetus incident in May 2025 underscored its indispensable function as liquidity engine for the entire Sui DeFi ecosystem.

Macro & Sectoral Tailwinds

The broader DeFi sector remains invigorated by renewed institutional participation, robust Layer 1 flows, and a secular rotation into innovative DEX infrastructure following regulatory shocks elsewhere. Sui's rapid expansion and network effects directly benefit DEEP, which is architected as the core liquidity layer for its DeFi stack.

Technical Analysis

On-Chain and TA Signals

• Relative Strength Index (RSI): Currently between 35–40, signaling a market in neutral-to-slightly-oversold territory. Historically, these zones have represented attractive accumulation phases for trending DeFi assets.
• MACD: Positive crossovers—backed by increasingly constructive histogram patterns—point to the early stages of renewed bullish price momentum.
• Moving Averages: DEEP’s price is maintaining position above critical short-term moving averages, reflecting buyer dominance and healthy technical support.

Support/Resistance and Market Structure

• Current Support: Firm at $0.146, having weathered recent volatility.
• Immediate Resistance: At $0.156—breaking this level on volume sets up a retest of the psychologically significant $0.20 zone.
• Trend Momentum: The absence of classic exhaustion patterns (no death cross/golden cross) supports further cyclical upside, especially as daily volumes hover in the upper $20M range—validating sustained market engagement.

Short/Mid-Term Prospects

With the price structure forming higher lows, the technical outlook aligns with a continued stair-step pattern. The rising cumulative trading volumes mirror growing network participation, priming DEEP for a potential breakout toward its previous ATH in the coming months should sentiment remain constructive.

Fundamental Analysis

Adoption, Partnerships, and Ecosystem Drivers

• Ecosystem Expansion: DeepBook’s 11.5M user base and $8.8B in processed trades underscore accelerating adoption.
• Strategic Partnerships: DeepBook’s integration with leading Sui DeFi protocols (Cetus, Aftermath, FlowX, Hop Aggregator, Kriya, Turbos) fortifies its moat as the liquidity nucleus of the growing Sui ecosystem.
• Exchange Relationships: Each new CEX listing propagates a virtuous cycle: higher liquidity, increased arbitrage activity, and greater institutional accessibility.

Valuation and Relative Attractiveness

• Market Cap: $499M places DEEP at #112 globally—yet with a fully diluted valuation still well under $1.54B, its growth runway remains substantial versus blue-chip DeFi peers with comparable usage metrics.
• Tokenomics: Prudent circulating supply, active burn mechanism (16.4M DEEP destroyed), and a gradual unlocking schedule underpin sustained scarcity.
• Utility/Innovation: As the earliest decentralized central limit order book (CLOB) on Sui, DeepBook benefits from structural innovations—flash loans, shared liquidity pools, and ultra-low latency—absent in most alternative DEX designs.

Community, Liquidity & Governance

• Community Engagement: Active and growing Discord/Twitter channels indicate robust grassroots support; DEEP’s governance structure (quasi-concave voting) ensures minority voices are not diluted, a rarity in token voting schema.
• Liquidity Metrics: $22M+ average daily volume equals or outclasses many older DEX tokens, signaling deep two-sided order books and broad market confidence.
• Staking Rewards: Fee discounts and governance utility add persistent demand from both active DeFi users and passive holders.

Market Position and Catalysts

• Dominance: As the bedrock trading infrastructure for all Sui-based DeFi projects, DeepBook is uniquely positioned: every major DeFi/NFT/Layer 2 application on Sui relies on its liquidity rails.
• Growth Catalysts:
• Upcoming protocol upgrades with advanced matching algorithms (Q3 2025)
• Expanded perpetual/futures trading support via Binance and Bybit integration
• Potential new Sui-based high-throughput applications and DeFi/NFT hybrid products
• Regulatory clarity around DeFi in key Asian and EMEA markets, boosting institutional allocation potential

Investment Strategies by Horizon

Short-Term (Weeks to 3 Months)

• Trend Following: With price rebounding off $0.146 support and technical indicators neutral-to-bullish, a momentum entry around retest of $0.156 resistance may offer a risk-adjusted positioning for breakout traders.
• Catalyst-Driven Trades: Ahead of Q3 protocol enhancements or further CEX listings, DEEP could benefit from a pre-event accumulation thesis.

Medium-Term (Quarter to 1 Year)

• Structural Adoption Play: Sui ecosystem TVL and user metrics are set to accelerate. DEEP’s role as infrastructure ensures that it directly participates in any DeFi-wide rally as additional protocols integrate its shared liquidity pools.
• Staking/Passive Income: Locking up tokens to earn staking rewards and maximize governance participation, with a view toward capturing protocol growth and ecosystem-driven appreciation.

Long-Term (1–5 Years)

• Platform Bet: DeepBook’s dominant market share among Sui DEXs, its resilient governance, and burn mechanics position DEEP as a core holding for those looking to back the next generation of DeFi base layers.
• Early Leadership Advantage: Given the extended unlock schedule (7 years) for ecosystem growth allocations, supply overhang is unlikely to pressure price in the near-to-mid term, while network effects compound.
• Ideal Positioning: On corrective pullbacks toward the $0.14–$0.15 area, or ahead of major product rollouts, DEEP seems to represent an excellent opportunity for capital deployment across timeframes.

Price Projections for DeepBook Protocol (2025–2029)

Is Now the Right Time to Buy DeepBook Protocol?

Key Strengths at a Glance:

• DeepBook Protocol anchors the rapidly scaling Sui DeFi sector as its liquidity backbone—offering unique market exposure unavailable through other DEX tokens.
• Recent positive momentum: record user onboarding, $8.8B+ processed volume, high-profile CEX listings, and milestone protocol integrations—all point to robust, real market adoption.
• Technical structure and rising trading volumes reinforce a nascent uptrend after a healthy consolidation, with multiple algorithmic signals flashing constructive for new entries.
• Tokenomics are highly attractive: managed unlock schedules, active burn mechanism, and broad utility from governance, staking, and fee benefits for both institutional and retail holders.
• The roadmap features multiple catalysts likely to unlock further value: protocol upgrades, additional exchange integrations, and ongoing Sui ecosystem expansion.
• Liquidity and volume consistently rival top DeFi projects in larger ecosystems, confirming market depth and confidence.

With its powerful blend of innovative technology, escalating adoption, and embedded role within one of crypto’s fastest-growing Layer 1s, DeepBook Protocol could well be entering a new phase of growth. The fundamentals and technical signals justify a renewed investor focus—making DEEP look increasingly like a prime candidate for those considering exposure to the next wave of decentralized trading infrastructure.

Risk Considerations

DeepBook Protocol remains a high-volatility cryptocurrency offering dynamic investment opportunities, but requiring disciplined risk management. The swift rebound in price illustrates its potential for powerful moves, and with evolving macro conditions, selectivity will continue to be paramount. Technical levels to watch are $0.146 as immediate support and $0.156 as primary resistance. The upcoming protocol update scheduled for Q3 2025 stands out as a major potential catalyst for DEEP’s future trajectory.

How to buy DeepBook Protocol?

It’s easy and secure to buy DeepBook Protocol (DEEP) online from Ireland using a regulated crypto platform. There are two main ways to invest: you can either purchase DEEP directly ("spot" buying, resulting in actual coin ownership), or trade via CFDs (Contracts for Difference), which let you speculate on the price without holding the token itself. Each method has unique features and costs, so understanding the differences will help you choose what’s best for your goals and risk profile. For a practical comparison of fee structures and account conditions, see our platform comparison further down this page.

Spot Purchase

A spot purchase means you buy real DeepBook Protocol tokens and store them in your personal crypto wallet—giving you direct ownership of the coins. Fees typically include a fixed transaction commission, often around €4 to €8 (or its USD equivalent), depending on the platform and payment method.

Example

Example: Suppose the current DEEP price is $0.154 USD (about €0.14 with recent exchange rates). With an investment of €1,000 and accounting for roughly €5 in transaction fees, you could buy approximately 7,135 DEEP tokens (as €995 / €0.14 ≈ 7,107 coins, depending on exact rates and fees).

✔️ If the price of DeepBook Protocol rises by 10%: Your coins would now be worth about €1,100 in total—so you’d make a gross profit of €100, or +10% on your investment.

CFD Trading

Trading DeepBook Protocol via a CFD means you’re not actually buying the tokens. Instead, you open a contract that lets you gain from DEEP's price moves (up or down) without holding the asset. The costs generally involve a spread (the difference between the buy/sell price), plus “overnight” funding fees if you keep a leveraged position open past one day.

Example

Example: You open a €1,000 position on DEEP using 5x leverage—meaning your market exposure is €5,000. If DeepBook Protocol’s price increases by 8%, your trade makes 8% × 5 = 40% in profit.

✔️ Result: Your initial €1,000 would yield a gross gain of €400 (excluding fees and spreads).

Final Advice

Always compare fee structures and trading conditions across different regulated crypto platforms before investing, as costs can significantly affect your returns. Deciding between spot purchases and CFDs depends on your investing goals and experience: choose actual coins for long-term holding, or opt for CFDs if you seek flexible, leveraged exposure. For practical details and real platform comparisons tailored to Ireland, see the comparison tool below on this page.

Our 7 tips for buying the DeepBook Protocol

The latest news from the DeepBook Protocol

DEEP’s price increased over 6% in the past week, outperforming the broader DeFi market and regaining momentum. This rise is supported by sustained positive trading volume, with $22.13M in 24h activity and an average daily volume matching $25-30M over the past three months, reflecting consistent liquidity and renewed interest from both retail and institutional participants. Notably, the token now trades slightly above key short-term moving averages, reinforcing a constructive technical outlook, while a neutral RSI (35-40) and positive MACD signal reinforce the perception of underlying market strength.

DeepBook Protocol’s status as the primary liquidity layer for Sui DeFi was reinforced at Sui Basecamp 2025 in May. The project was prominently featured as flagship DeFi infrastructure, amplifying its strategic value in the Sui blockchain ecosystem. As Sui continues rapid adoption—including traction in EMEA—this alignment positions DeepBook as a critical enabler of decentralized applications and trading on Sui. This positioning may drive additional developer activity, integration, and user adoption, including by entities exploring Sui for regulated or innovative blockchain finance programs.

DeepBook’s integration with major centralized and decentralized exchanges greatly expands access for Irish and European investors. The recent addition of Binance Perpetuals, alongside Gate.io, Bybit, and KuCoin, ensures substantial global market access and liquidity. For professionals and entities in Ireland, this provides indispensable infrastructure for regulated exposure and arbitrage, while improving options for market-making and institutional trading strategies under MiCA’s evolving regulatory requirements.

Ongoing technical and ecosystem integration signals growing institutional confidence in DeepBook’s infrastructure for compliant DeFi. Recent confirmations of partnerships and integrations with protocols such as Cetus, Aftermath, Hop Aggregator, FlowX, Kriya, and Turbos consolidate DeepBook’s role as the liquidity backbone for Sui-native projects. Its decentralized central limit order book (CLOB) architecture, combined with robust governance, flash loans, and high-throughput performance (390ms), positions it as a favored infrastructure layer for both retail and professional clients, including those based in Ireland seeking compliant and efficient trading venues.

DeepBook maintains an active governance token model, including rewards, staking, and representation for minority holders. The quasi-concave voting system empowers smaller token holders, providing fee discounts, maker rebates, direct governance participation, and protocol transparency. For Irish residents navigating new EU guidelines on digital governance and investor rights, this inclusive governance enhances both transparency and perceived legitimacy, aligning DeepBook with EU best practices for DeFi engagement and regulatory clarity.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.