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DeepBook

Basic Information

InformationDetails
Project NameDeepBook
Project WebsiteDeepBook
Project DescriptionDeepBook is Sui’s first native liquidity layer, designed to provide wholesale liquidity for DeFi applications. It facilitates seamless transactions, incentivizes liquidity provision, and supports governance within its trading pools.
Project TickerDEEP

Airdrop Details

InformationDetails
Airdrop TypeDEEP (Token)
Total Airdrop Amount1,000,000,000 DEEP (10% of total supply)
Number of Eligible Users~100,000 early adopters (DBClaimNFT recipients)
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotPre-October 14, 2024 (Exact date not specified)
Claiming StartedOctober 14, 2024, at 10:55 UTC
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

  • Users who received a DBClaimNFT on March 28, 2024, were eligible.
  • NFTs were distributed to ~100,000 early adopters based on:
    • Early interaction with DeepBook or the Sui ecosystem (e.g., trading on DeepBook’s order book, providing liquidity on DEXs like Cetus or Turbos).
    • Staking SUI tokens or holding assets on Sui since January 2024 (speculated but not fully detailed in the official release).
  • Claim process: NFT holders unwrapped tokens at claim.deepbook.tech starting October 14, 2024, with no vesting.

Additional Information

  • Token Supply: 10 billion DEEP
  • Initial Circulating Supply: 2.5 billion DEEP
  • Vesting: 25% unlocked at genesis, remainder released over 7 years.
  • DBClaimNFT Mechanics: This NFT, distributed on March 28, 2024, determines the amount of DEEP tokens the holder can claim. The NFT is soulbound (non-transferable).
  • Utility: DEEP is used for trading fees, liquidity incentives, and governance within DeepBook’s ecosystem.
  • Governance: DEEP holders can vote on pool-level parameters like staking requirements and fees.
  • Future Airdrops: 61.57% of the total supply is allocated to ecosystem growth, hinting at future incentive programs.

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