Deepstate · what it is

It's an orderbook. Onchain.

Buyers post the price they'll pay, sellers post the price they'll take, and Deepstate matches them onchain. Buy more than the top offer and your order walks down the book, taking each seller in turn.

Sellers asksize

mid $213.248

Buyers bidsize

Your market buy12 NVDA

Bought

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Avg fill price

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Slippage vs best

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Pick a size and hit Market buy to walk the book.

That's the engine. A small buy takes the best offer at one clean price. A big buy eats several sellers and pays a worse average — that's slippage, and it's why a book needs depth. Deepstate's hard part isn't the matching. It's getting enough buyers and sellers onchain to make the book deep in the first place.

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