DeepBook Protocol Token Surges 47.5% in 24 Hours

According to BlockBeats, on October 19, data from Coingecko revealed that the native token of the Sui ecosystem DeFi platform, DeepBook Protocol (DEEP), experienced a significant price increase. The token surged to $0.05, marking a 47.5% rise within 24 hours. As of the latest update, DEEP is priced at $0.04896. The market capitalization of DEEP currently stands at $122 million, with a fully diluted valuation (FDV) reaching $488 million. The total 24-hour trading volume across the network is reported to be $63.25 million.