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DeepBook drops 16% to 90-day low amid market-wide June 2 sell-off
- DeepBook fell 16.30% on June 2 to close at $0.0233, coinciding with a market-wide sell-off affecting major crypto assets.
- The drop was accompanied by a sharp spike in trading volume, which rose to 324.2 million units, reflecting elevated market-wide liquidation activity.
- This latest plunge extends DeepBook's weekly losses to 25.1%, highlighting selling pressure on the DeFi protocol's native token during a period of broad crypto weakness.
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Conclusion
DeepBook (DEEP-USD) fell 16.30% from $0.0278 on June 1 to $0.0233 on June 2, while trading volume rose from 146.5 million to 324.2 million units. This coincides with a market-wide crypto sell-off on June 2, 2026, when the overall crypto market cap declined 2.6%–4.5% and total trading volume surged. Data is fresh as of June 4, 2026, using the latest completed daily data.