Sui Released Decentralized Central Limit Order Book DEX, DeepBook

Layer-1 blockchain Sui announced the release of DeepBook, a decentralized central limit order book (CLOB) that supports applications built on the network and allows traders to set a specific price for an asset in the same way as on centralized exchanges.

DeepBook contains a core matching engine and a smart order routing engine that acts in the same way as centralized exchanges. The order book will provide traders with a view of market depth and order flow.