Sophia Bennett
Crypto Analyst
What Is DeepBook?
DeepBook is the first native central limit order book, commonly called a CLOB, built directly on the Sui blockchain. It works as a shared liquidity layer that other Sui protocols route through for order matching and trade execution, with settlements completing in roughly 390 milliseconds.
It was built by Mysten Labs, the same team that created Sui itself. That means DeepBook sits underneath a significant chunk of Sui's entire DeFi ecosystem. Spot DEXes, margin trading apps, and various other protocols all tap into its liquidity, making it one of the most foundational pieces of infrastructure on the chain.
Two Things Happening Right Now
There are two separate actions worth taking immediately, one is time‑sensitive and one is ongoing. Both are free.
The first is claiming your Season 1 DEEP allocation if you traded on DeepBook‑powered apps between January 22 and April 17, 2026. Those claims are live right now, but the portal only stays open for 30 days from launch. Any unclaimed DEEP after the deadline is forfeited permanently. There are no extensions and no second chances.
The second is joining the waitlist for DeepBook's new trading app, which is rolling out in waves. Referrals move you up the queue for earlier access. Joining now and building referrals positions you well for whatever rewards follow when the app opens more broadly.
How to Claim Your Season 1 DEEP
Head to the DeepBook claims portal at deepbook.tech and read through the terms of use and privacy policy before connecting. Some jurisdictions are restricted from claiming due to regulatory requirements, check this before proceeding.
Before you submit your claim, make sure your wallet holds a small amount of SUI to cover the gas fee. Claiming is an on‑chain transaction, and without gas it won't go through. Pick up SUI on Binance or any major exchange if you need some.
Once ready, click Connect Wallet and link the exact wallet you used to trade during Season 1. The allocation is tied to the specific address that earned points, a different wallet will show nothing even if you participated. If you traded from more than one address during the season, connect each one separately to check all potential claims.
Review the DEEP amount shown on screen, submit the transaction, and approve it in your wallet. Once confirmed, the DEEP lands directly in your connected wallet.
Do this today. The 30‑day window is running and there is no reason to wait.
How to Join the Waitlist for the New App
Go to the DeepBook waitlist page and enter your email address. A verification email arrives shortly after, click the link inside to confirm your spot. Without that confirmation step, your place in the queue isn't locked in.
After verifying, grab your personal referral link and share it. Each person who signs up through your link moves you higher in the queue. Access opens in waves, so the more active referrals you bring in before the next wave, the sooner you get inside the new trading app.
DeepBook has not confirmed a specific allocation tied to waitlist position, but getting in early on a new app built by Mysten Labs, the Sui core team, is worth doing regardless.
What to Know About Your Claim Eligibility
The Season 1 Points Program ran for roughly three months and tracked trading activity across margin‑enabled apps built on top of DeepBook. If you were actively using Sui's DeFi ecosystem during that period, there's a reasonable chance you have an allocation sitting unclaimed right now.
Even if you're not sure whether you participated, it costs nothing to connect your wallet and check. The only expense is the small SUI gas fee to submit the transaction if you do have something to claim.
One Hard Deadline to Respect
The 30‑day claim window is the only real urgency here. Once it passes, unclaimed DEEP is gone for good and cannot be recovered under any circumstances. Everything else, the waitlist, referrals, future seasons, can be done at your own pace. The Season 1 claim cannot.
Is It Worth Doing?
DeepBook is Sui's core trading infrastructure built by the chain's own founding team. The Season 1 claim is free, the waitlist takes two minutes, and the DEEP token is already listed on Kraken and Gate.io. Check your wallet, claim what you earned, and get on the waitlist while it's still early.