Buy DeepBook Protocol (DEEP) in India at ₹4.991

Live DEEP/INR Price

₹4.991

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2.1%

Price Changes

₹0.1

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2.1%

24h Low

₹4.991

24h High

₹5.208

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What is the DeepBook Protocol cryptocurrency?

DEEP powers a decentralized exchange that combines advanced order book features, cross-chain compatibility, and staking rewards, making it a robust solution for modern traders.

 

Reasons to buy DeepBook Protocol (DEEP) in India

• Access efficient and transparent trading through a decentralized order book.

• Earn rewards by staking DEEP tokens and providing liquidity.

• Participate in governance and influence protocol development.

Three things to know before buying DeepBook Protocol (DEEP)

• DeepBook Protocol optimizes decentralized trading with an advanced order book mechanism.

• The platform supports cross-chain compatibility and staking rewards.

• The current price of DEEP,  as of 3 February 2025, is ₹20.37, with strong potential in the evolving DeFi space.

Highlight

DeepBook Protocol (DEEP) is a decentralized, cross-chain order book platform designed to optimize liquidity and trading efficiency in the DeFi ecosystem.

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Price Statistics

DEEP Price Today

DEEP Price

₹4.991

Price Change 24h

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2.1%

Price Change 7d

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40.81%

Market Rank

#147

Market Cap

₹2,354 Cr.

Trade Vol 24h

578 Cr

Circulating Supply

464 Cr. DEEP

Trading Activity

62% Buy38% Sell

FAQ's

1. How does DeepBook Protocol improve decentralized trading?

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DeepBook Protocol enhances trading by using an advanced order book mechanism, similar to centralized exchanges while maintaining blockchain-based decentralization. This improves liquidity, trade execution, and efficiency in DeFi markets.

 

 

2. What makes DeepBook Protocol different from other DEXs?

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Unlike traditional DEXs that rely on automated market makers (AMMs), DeepBook uses an order book model, allowing users to set specific buy/sell prices. It also supports cross-chain trading, making it more versatile than single-chain exchanges.

 

 

3. Can I stake DEEP tokens for rewards?

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Yes, DeepBook Protocol allows users to stake DEEP tokens to earn rewards, participate in governance, and receive reduced transaction fees, incentivizing long-term participation.

 

 

4. Is DeepBook Protocol suitable for institutional traders?

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Yes, DeepBook Protocol is designed to cater to both retail and institutional traders by offering deep liquidity, cross-chain compatibility, and an efficient order book model for large-scale trading.

 

 

 

 

 

 

 

 

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.