SUI-based DEX DeepBook to Launch Native Token DEEP DeepBook, a decentralized exchange (DEX) in the SUI Layer 1 blockchain ecosystem, has announced the launch of its native token, DEEP, on October 14th. The total supply of DEEP tokens is 10 billion, with an initial supply of 2.5 billion. DEEP will be used for governance, staking, and transaction fees on the DeepBook platform. DEEP holders will have the ability to vote on proposals that will shape the future of the DeepBook DEX, such as new features, partnerships, and tokenomics. DEEP holders will also be able to stake their tokens to earn rewards and secure the DeepBook network. The launch of the DEEP token is a significant milestone for DeepBook and the SUI ecosystem. It will provide DEEP holders with a way to participate in the governance and development of the DeepBook platform, and it will also provide a new way for users to interact with the SUI ecosystem.