In 2023, people doubted onchain CLOBs.
In 2024, they couldn’t ignore them.
By 2025, they’ll be trading on them.
Here’s why CLOBs matter, why we built DeepBook, and what’s next 🧵
Why CLOBs matter:
CLOBs are the infrastructure behind every pro trading venue — from Nasdaq to Binance.
They offer:
→ Price-time priority
→ Full market depth
→ Tight spreads
→ High capital efficiency
The problem?
They were nearly impossible to bring onchain… until now.
Why we built DeepBook:
Onchain trading deserves better than clunky structures, opaque routing, or off-chain fills.
We wanted:
→ Atomic, transparent execution
→ Fair matching for both retail & pro
→ Native composability
So we built it from scratch on Sui.
How we built DeepBook:
Step 1: Start with a modular engine
Step 2: Add permissionless pools & native price discovery
Step 3: Use Sui’s low-latency infra (390ms finality, sub-cent fees)
Step 4: Make it composable by default
Flash loans. Multi-leg trades. Keeper bots.
All natively supported. No shortcuts.
Why DeepBook is working:
Daily trades now average $15–$16M.
Power users are building on DeepBook.
Aggregators route through DeepBook.
Sui’s DeFi ecosystem trades on DeepBook.
What’s next for DeepBook?
→ More L2-style UX (gasless, pooled)
→ Composable liquidity across bridged assets
→ Democratizing access to advanced strategies
→ Community-owned market rails
We’re building the onchain liquidity engine of the future, which is now.
CLOBs aren't new.
But bringing them fully onchain with no compromises is.
And that’s what DeepBook did.
Follow @DeepBookonSui to see what happens next.
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