Could SUI become DeFi hub? Despite it fast, low-cost trading ideal for DeFi applications with the capability of 297,000 transactions per second and high-performance blockchain, can it rival Ethereum and Solana for deFi dominance? could this be why Sui ecosystem is hyping how DeepBook protocol due it integration with DEXs like Cetus and Bluefin which act as the liquidity backbone for Sui’s ecosystem
DeepBook is a decentralized central limit order book (CLOB) designed for high-performance trading on the Sui blockchain. It leverages Sui's parallel execution, sub-second, latency and low transaction fees to deliver reliable and fast on chain trading. The protocol native token $DEEP is about to be listed on various exchanges including bitget, binance and bybit
What do you think about DeepBook’s approach to DeFi and could Sui rival Ethereum and Solana deFi dominance