Airdrop Details

Information Details
Airdrop Type DEEP (Token)
Total Airdrop Amount 1,000,000,000 DEEP (10% of total supply)
Number of Eligible Users ~100,000 early adopters (DBClaimNFT recipients)
Number of Claimants Not Known

Timeline

Event Date
Blockchain Snapshot Pre-October 14, 2024 (Exact date not specified)
Claiming Started October 14, 2024, at 10:55 UTC
Claiming Ends Not Known

Token Distribution

Distribution Amount
Maximum Not Known
Median/Average Not Known
Minimum Not Known

Eligibility Criteria

  • Users who received a DBClaimNFT on March 28, 2024, were eligible.
  • NFTs were distributed to ~100,000 early adopters based on:
    • Early interaction with DeepBook or the Sui ecosystem (e.g., trading on DeepBook’s order book, providing liquidity on DEXs like Cetus or Turbos).
    • Staking SUI tokens or holding assets on Sui since January 2024 (speculated but not fully detailed in the official release).
  • Claim process: NFT holders unwrapped tokens at claim.deepbook.tech starting October 14, 2024, with no vesting.

Additional Information

  • Token Supply: 10 billion DEEP
  • Initial Circulating Supply: 2.5 billion DEEP
  • Vesting: 25% unlocked at genesis, remainder released over 7 years.
  • DBClaimNFT Mechanics: This NFT, distributed on March 28, 2024, determines the amount of DEEP tokens the holder can claim. The NFT is soulbound (non-transferable).
  • Utility: DEEP is used for trading fees, liquidity incentives, and governance within DeepBook’s ecosystem.
  • Governance: DEEP holders can vote on pool-level parameters like staking requirements and fees.
  • Future Airdrops: 61.57% of the total supply is allocated to ecosystem growth, hinting at future incentive programs.

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