The deep price took the offer at all during this market pump as more than 145 % exploded this week. He is trading $ 0.20 now is the highest level since early February.
What leads the pump though?
Binance Futures List ignites deep prices
The main catalyst for the impressive price increase in Deep is the Binance Declaration on April 22 on the launch of the Deepusdt contracts for futures contracts. This new trading option allows investors trading with a crane of 50x, which greatly expands trading capabilities for deep, distinctive symbol holders.
The launch of the permanent contract caught this attention from both individual traders and institutional investors. He created a high financial leverage option with listing in the Binance Future Copy Trading Program.
Not only does this step improve trading – it represents a great vote of Binance confidence in Deepbook. As one of the largest exchanges of cryptocurrencies in the world, Binance’s support indicates a strong institutional interest in the SUI Blockchain Central Central Order orders.
# Usdⓢ-M futures will be launched Deep Permanent contract in
April 22 2025, 08:30 (UTC)
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Binance Future Contracts (Binancefutures) April 22, 2025https://t.co/y0swalqw9f pic.twitter.com/9xvmnekav9
Market monitors note that these lists often lead to immediate purchase pressure as traders expect adoption and vision. The price collection of 145 % reflects this enthusiasm and this means that the deep price is at levels not seen in months.
What is a Deepbook?
Deepbook is running On Sui Blockchain as a central and decentralized commercial system. It focuses on providing rapid, transparent and safe trading for Defi users. The deep distinctive symbol runs everything on the platform and gives voting owners voting rights on important decisions.
Unlike most Defi trading platforms that use automated market makers, Deepbook uses a fully specific central orders notebook on Blockchain. This means that the purchase and sale orders are matched and settled directly on the chain, which leads to a better accuracy of prices and more fair trading for all concerned.
Believe in “deep” things
– Deepbook Protocol on Sui (Deepbookonsui) April 22, 2025
Speed is the place where Deepbook is really lighting. Thanks to the Sui Blockchain technology, the deals are completed in less than half a second-about 390-500 mm. The fees are very low, which attracts serious merchants and institutional investors who need to make fast and frequent deals.
The platform pulls liquidity from many different sources. This deep collection of money allows users to make large deals without causing significant price fluctuations. Both ordinary traders and other Defi protocols benefit from this stability.
Deepbook also provides developers tools that make it easy to connect to other applications such as wallets, exchange and lending platforms. Although you will not interact with Deepbook directly with its own interface, it works behind the scenes as a basis for liquidity for many Sui Blockchain applications.
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