In the past, we said: DeepBook is to Sui what Uniswap is to Ethereum, and Pancake is to BSC. Now we say: DeepBook is the evolved version of Pancake + Aster in the Sui ecosystem. ▌What happened? DeepBook leveraged trading is officially live, and this might be one of the most significant upgrades in the Sui ecosystem this year. Previously, DeFi projects on Sui relied on DeepBook as the backend engine for spot trading. $17 billion in cumulative trading volume has proven the maturity of this infrastructure. The launch of leveraged trading has once again changed the game. DeepBook has fully become the foundation for "spot trading + leveraged trading" on Sui. Developers no longer need to build complex risk management systems, collateral management, or liquidation mechanisms themselves. Everything has been standardized at the protocol level. The biggest issue with traditional DeFi is liquidity silos. Each protocol has its own liquidity pool, leading to extremely low capital efficiency. DeepBook's unified margin system completely solves this problem. A universal leveraged trading system across the network: No isolated asset pools No centralized intermediaries Shared order book liquidity Fair funding rates ▌Points Bonus: Ecosystem united front The best part is, DeepBook points are launching simultaneously, with 1 million points distributed weekly. All projects built on DeepBook are included in the points program: DeepTrade, Abyss, Pebble Finance, Turbos, Cetus, Lotus, Scallop... Every trade, every leveraged operation, every swap through aggregators, every capital deployment contributes value to the entire ecosystem and earns corresponding points. This is truly a "win together" model. I have to say, 2026 belongs to Sui And it belongs to DeepBook DEEP.