DeepBook Protocol Launches 10x Margin Trading Feature on Sui Network
- Feature Upgrade: The DeepBook Protocol launched its 10x margin trading feature on the Sui Network in March 2025, transforming from a spot trading platform into a comprehensive DeFi solution, significantly enhancing users' trading strategies and risk management capabilities.
- Market Demand: With the Sui Network's total value locked increasing by approximately 300% year-over-year, the introduction of margin trading directly addresses the urgent demand from institutional and sophisticated retail traders for advanced financial instruments, potentially boosting protocol volume by 200-300% in the first quarter post-implementation.
- Technical Architecture: DeepBook's margin trading system employs a multi-layered security framework that utilizes Sui's object model to create isolated margin positions, ensuring rapid execution of trades and system security while significantly reducing counterparty risk.
- Incentive Mechanism: The newly introduced points system encourages user participation in margin trading, with users' trading activities translating into future token distributions or governance rights, and early adopters benefiting from enhanced reward multipliers during the initial launch phase, further increasing the platform's appeal.
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Technical Analysis for PERP
Technical Sentiment Analysis for Perpetual Protocol (PERP) As of , Perpetual Protocol (PERP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PERP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, PERP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Perpetual Protocol (PERP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00503 | 0.014 | 0.0201 | 0.0291 | 0.0352 | 0.0442 | 0.0503 |
| Fibonacci | 0.014 | 0.0197 | 0.0233 | 0.0291 | 0.0348 | 0.0384 | 0.0442 |
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