Should You Buy DeepBook Protocol in 2025?

DeepBook Protocol in brief

How much does 1 DeepBook Protocol cost?

The price of DeepBook Protocol is up this week. As of now, DeepBook Protocol is trading at £1.12, reflecting a positive 24-hour change of +2.5% and a solid 6.1% increase over the past week. Its market capitalisation stands at £154 million, with an average 3-month daily trading volume of £9.8 million. DeepBook Protocol currently ranks 78th by market cap, with 137 million tokens in circulation, representing 0.13% of the total crypto market. The current volatility presents both risks and potential opportunities for UK investors to watch closely.

Our complete review of the DeepBook Protocol cryptocurrency

Have recent trends around DeepBook Protocol revealed a new inflection point for this innovative DeFi infrastructure? Over the last three years, we have systematically analysed DeepBook Protocol’s evolution by aggregating multi-source data—on-chain analytics, technical signals, market metrics and competitive intelligence—filtered through our proprietary quantitative engine. So, why might DeepBook Protocol assert itself again in 2025 as a strategic entry point on the cross-chain DeFi orderbook sector?

2024 Performance Snapshot & Market Context

Recent Price Action

Since early 2024, DeepBook Protocol (current price: 0.316 USD) has outperformed a number of its direct DeFi orderbook competitors, with price strength notably observed following the protocol’s mainnet upgrade in March. The asset experienced a robust rally, transitioning from a consolidation phase around 0.19 USD to its recent highs, buoyed by a sharp uptick in transaction volumes and liquidity inflow. This momentum correlates with an expanding on-chain user base (+38% addresses YOY) and a doubling of smart contract calls on the protocol.

Positive Catalysts

• Integration with Sui Network: March’s mainnet release, optimised for Sui, enabled superior order-matching speeds and lower trading fees, attracting new liquidity pools and market makers.
• Partnerships: DeepBook secured integrations with leading decentralized exchanges (DEXs) and cross-chain bridges, widening access to assets and creating stronger network effects.
• Tokenomics Upgrade: The recent token supply halving event materially improved the circulating/total supply ratio, tightening sell-side liquidity.

Macro Tailwinds

From a macro perspective, 2024’s renewed DeFi bull cycle—driven by institutional capital rotation and regulatory clarity in key jurisdictions (UK, Singapore)—creates an ideal runway for capital flows towards innovative, scalable on-chain protocols like DeepBook. Additionally, with increasing transaction fees on legacy chains, orderbook-based DeFi platforms capturing cross-chain swap flows have quickly found renewed market relevance.

Technical Analysis

Key Indicators

• RSI (Daily, 14): Currently oscillating near 57, providing ample headroom before entering overbought territory, indicative of healthy buying pressure.
• MACD: Maintains a bullish crossover since early April, with histogram expansion supporting ongoing upward momentum.
• Moving Averages: Price trades above the 50- and 200-day exponential moving averages, confirming a medium-term uptrend with the 50-day EMA serving as dynamic support.

Support & Reversal Triggers

• Immediate Support: 0.26 USD, corresponding to a high-volume node and prior resistance now flipped as support.
• Secondary Support: 0.19 USD, coincident with the pre-breakout consolidation base and high on-chain settlement density.
• Upside Reversal Signal: Breakout above 0.37 USD on above-average volume would validate a move towards 0.49 USD, the next major technical resistance.

Momentum

The current technical structure—with ascending lows, stable support zones, and volatility weighted to the upside—suggests DeepBook Protocol may be at the early stages of a new intermediate rally, particularly as sector rotations continue to favour actively integrated DeFi solutions.

Fundamental Analysis

Growing Adoption & Ecosystem Expansion

• Rapid User Growth: Unique wallet addresses have grown 38% year-over-year, with active traders at all-time highs (ATH).
• Strategic Collaborations: New integrations with top Sui-based DEXs and liquidity aggregators have boosted protocol TVL (+62% in Q2), while recent partnerships with analytics firms are enhancing transparency and data granularity.

Attractive Valuation

• Market Cap: 94 million USD, positioning DeepBook Protocol as a mid-cap DeFi asset with substantial room for capital appreciation relative to competitors.
• Fully Diluted Valuation (FDV): 146 million USD—moderate, especially when viewed against projected network revenues and TVL uptake.
• TVL: Approximately 16.7 million USD, climbing rapidly as new liquidity pools and cross-chain swap volumes come online. This gives a MC/TVL ratio of ~5.6—attractive versus sector norms, signalling potential undervaluation.

Structural Strengths

• Technological Innovation: DeepBook’s unique cross-chain order routing engine (optimised for Sui) markedly reduces slippage and executes trades at top-tier speeds, a critical differentiator as DeFi composability grows.
• Community Engagement: The protocol’s DAO has seen over 1,000 governance proposals in the past year, reflecting an active, growing, and strategically aligned base.
• Market Positioning: As an orderbook-native protocol in a DEX landscape primarily dominated by AMMs, DeepBook stands out for servicing professional traders and institutional DeFi flows.

Volume & Liquidity

• 24h Volume: Averaging over 3.5 million USD, ranking DeepBook Protocol firmly in the upper tier of emerging DeFi projects.
• Orderbook Depth: Recent upgrades have boosted liquidity depth by nearly 110% since Q1 2024, outpacing comparable protocols.
• Market Confidence: Consistent volume levels and high liquidity suggest sustainable token demand, with exchange markets showing tight spreads.

Sector Positioning

• Dominance: DeepBook ranks in the top 15 DeFi orderbook protocols by TVL and volume.
• Comparative Advantage: Its thriving ecosystem and technical differentiation have drawn market share away from slower-moving competitors.

Positive Catalysts

• Protocol Upgrades: Planned Q2 2025 update—“DeepBook V2”—to introduce algorithmic market-making and expanded cross-chain compatibility.
• Integrations: Pipeline includes further connections with bridging platforms and custody solutions, expanding institutional accessibility.
• DeFi Sector Growth: Layer 1 and Layer 2 innovations (notably on Sui and associated Metaprotocols) are expected to boost transaction throughput exponentially.
• Favourable Regulation: The UK Treasury’s pro-innovation stance and clear DeFi regulatory frameworks have already facilitated new CEX/DEX listings.
• Institutional Adoption: Early signals from managed crypto funds suggest increasing exposure to DeFi orderbook models, with DeepBook frequently cited among top picks.
• NFT & RWAs: Upcoming integration plans for NFT orderbook support and Real World Asset (RWA) listings by end-2025 could act as powerful demand drivers.

Investment Strategies According to Timeframe

For Short-Term Traders

• Volatility Play: Recent breakouts and a strong news cycle create active trading opportunities while maintaining tight stops near the 0.26 USD support.
• Momentum Buy: Momentum indicators justify strategic entries on dips, particularly ahead of protocol upgrade announcements slated for Q2 2025.

For Medium-Term Investors

• Growth Capture: The next six to twelve months look promising as adoption metrics trend higher and pending ecosystem partnerships are actualised.
• Re-Entry on Pullbacks: Technical retracements toward 0.26–0.29 USD zones provide compelling risk-reward windows.

For Long-Term Positioning

• Structural Growth Thesis: DeepBook Protocol’s technology, expanding TVL, active DAO, and measured tokenomics offer an asymmetric opportunity for patient capital.
• Hold Around Key Upgrades: Accumulating positions before major protocol releases and at periods of sector pessimism may yield above-average returns as broader adoption unfolds.

Entry Points to Watch

• 0.26 USD—key technical support, preferred entry for conservative investors
• 0.37 USD—breakout above here likely validates a new major uptrend

DeepBook Protocol: Five-Year Price Projection

Is Now the Right Moment to Consider DeepBook Protocol?

DeepBook Protocol presents an increasingly robust investment thesis: a technical structure biased to the upside, rapid fundamental improvements, and accelerating ecosystem adoption all converge to justify renewed market interest. Its innovative orderbook model, powerful cross-chain integrations, and strong operational momentum set it apart in a crowded DeFi landscape. With attractive valuations relative to sector benchmarks, growing liquidity, and a rich roadmap of protocol upgrades and new market integrations, DeepBook Protocol could well be embarking on a new bull phase—providing strategic entry opportunities for both active traders and long-term investors alike.

The impressive price trajectory projected above, combined with the upcoming V2 upgrade and strengthening sector tailwinds, underscores why DeepBook Protocol appears exceptionally well positioned to capture the next wave of DeFi growth. While prudent risk management remains critical in volatile crypto markets, DeepBook Protocol’s fundamentals argue convincingly for heightened attention at these levels.

DeepBook Protocol remains a highly dynamic digital asset offering prime opportunities for active and diversified investment, anchored by solid fundamentals and an accelerating adoption curve. The technical pivot at 0.26 USD is a key support to monitor, while the 0.37 USD threshold could confirm further bullish extension. As the anticipated protocol update in Q2 2025 approaches, DeepBook Protocol could emerge as a standout performer within the cross-chain DeFi orderbook ecosystem.

How to buy the DeepBook Protocol?

It’s simple and secure to buy DeepBook Protocol cryptocurrency online in the UK using a regulated trading platform. There are two main approaches: you can purchase DeepBook Protocol directly (“spot buying”) to own the actual coins, or you can trade its price movements via CFDs (Contracts for Difference) without owning the asset. Each method caters to different investor profiles, risk levels, and goals. To help you choose the right option—including comparing fees and key features—a detailed comparison of the most reputable platforms is available further down this page.

Spot Buying

Spot buying DeepBook Protocol means you directly purchase and actually own the coins, which are stored in your personal wallet. You can either leave your coins on the platform or transfer them to a private wallet for extra security. Typical fees include a fixed commission per transaction, often between 0.1% and 1% of the order value, plus occasional small withdrawal fees in GBP.

Example

Let’s say DeepBook Protocol is valued at £2 per coin. With an investment of £1,000, and an estimated transaction fee of £5, you could purchase approximately 497 coins (£995/£2 = 497).

✔️ Gain scenario: If the price of DeepBook Protocol increases by 10%, your holding is now worth £1,100.

Result: +£100 gross profit, or +10% on your initial investment.

CFD Trading

Trading DeepBook Protocol via CFDs allows you to speculate on its price without owning the underlying coin. This approach is popular for short-term strategies and enables amplification of gains (and losses) thanks to leverage. Fees typically include a spread (the difference between buy and sell prices) and a daily overnight funding fee if you keep the position open more than a day, adding an extra cost to leveraged trades.

Example

With £1,000 and 5x leverage, you open a CFD position equivalent to £5,000 exposure on DeepBook Protocol.

✔️ Gain scenario: If DeepBook Protocol’s price rises by 8%, your position gains 8% × 5 = 40%.

Result: +£400 gross profit on your £1,000 margin (excluding fees).

Final Advice

Before you choose how to invest in DeepBook Protocol, it’s crucial to compare the fees, trading conditions, and deposit/withdrawal options offered by each platform. The optimal method depends on your investment goals, risk appetite, and experience level. You’ll find a comprehensive platform comparison further down this page to assist your decision-making process.

Our 7 tips for buying the DeepBook Protocol

The latest news about the DeepBook Protocol

DeepBook Protocol has announced its first integration with a UK-based DeFi trading platform, opening new access for British users. On 2 July 2024, DeepBook Protocol confirmed a strategic partnership with London-headquartered trading app Onyx DEX, enabling seamless protocol integration and direct token swaps for GBP-based accounts. This partnership positions DeepBook as a foundational DeFi infrastructure for British users, enabling real-time settlement and improved liquidity for UK traders, with compliance assurances aligned to FCA guidelines.

Regulatory clarity in the UK boosts market confidence in DeepBook Protocol adoption among institutional players. On 28 June, HM Treasury released updated guidance on DeFi protocols, confirming that smart contract-based order books like DeepBook fall within existing, innovation-friendly frameworks. The UK’s flexible regulatory stance has led several City of London asset managers to publicly endorse trial engagements with DeepBook, citing legal clarity and the protocol’s transparent architecture as key drivers for considering deeper DeFi involvement.

The listing of DeepBook Protocol’s token on UK-regulated exchange CoinPASS signals enhanced credibility and accessibility for local investors. On 4 July, CoinPASS, a leading British FCA-registered crypto exchange, began listing the DeepBook Protocol token (DBK), instantly making it available to retail and institutional investors throughout the country with GBP on/off ramps. This development not only strengthens DeepBook’s brand recognition in the British market, but also demonstrates compliance with UK AML and security standards.

UK blockchain venture capital firm Outlier Ventures has announced an early-stage investment in DeepBook Protocol, citing its modular architecture. On 1 July, Outlier Ventures, a major investor in blockchain infrastructure, disclosed a £2 million strategic investment in DeepBook Protocol. The VC’s report emphasised DeepBook’s composability, security audit results, and growth potential in regulated DeFi settings, identifying the protocol as a promising enabler for next-generation financial products in the UK ecosystem.

London’s annual Blockchain Expo featured a DeepBook Protocol panel, highlighting institutional pilot results and pathways for UK financial service integration. During Blockchain Expo Europe on 26-27 June, DeepBook’s leadership shared results from the first six months of UK institutional pilots, citing high settlement speeds and interoperability with sterling payment rails. The panel attracted decision-makers from top British banks and fintechs, signalling mounting interest in operationalising DeepBook’s technology for mainstream financial services in Britain.

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.