# Deepstate

*High-speed minimalist AMM founded by former Sushi CTO Joseph Delong on Hood L2*

Deepstate is an ultra-minimalist automated market maker on Robinhood Chain founded by veteran DeFi architect Joseph Delong (former SushiSwap CTO), designed for bare-metal gas optimization and instantaneous swap routing.

## At a glance

- **Type:** defi
- **Category:** dex
- **Status:** mainnet
- **Website:** https://deepstate.sh/

## The take

### Best for
- Degen and retail traders demanding instant execution with rock-bottom gas overhead
- MEV searchers and arbitrage bots requiring predictable bytecode execution paths
- Builders looking for clean, unbloated AMM smart contract interfaces

### Watch out
- Minimalist design avoids complex features like limit orders or automated vault compounding
- Focused on high-velocity community tokens and newly launched assets
- Team operates with pseudonymous crypto-native ethos

## Key facts

- **Founder:** Joseph Delong (former Chief Technology Officer at SushiSwap). _(confidence 60%)_
- **Core thesis:** Radical gas minimization through clean bytecode, zero extraneous state writes, and instant finality. _(confidence 60%)_
- **Chain native:** Engineered specifically for Robinhood Chain's Arbitrum Nitro block structure. _(confidence 60%)_

## Key features

- **Bare-Metal Gas Optimization** _(confidence 60%)_: Custom assembly routing paths reducing execution costs to the theoretical minimum on Arbitrum Nitro.
- **Instant Token Swapping** _(confidence 60%)_: Streamlined single-call swaps with zero approval friction using EIP-2612 permit signatures.
- **Immutable Pool Contracts** _(confidence 60%)_: No admin keys, no upgrade proxies, and zero protocol-fee rent extraction on liquidity pools.

## Key influencers & builders (X)

- [Joseph Delong (@josephdelong)](https://x.com/josephdelong) · *Founder & Lead Architect* — Veteran DeFi executive and engineer; former CTO at SushiSwap; founder of Deepstate AMM.
- [Deepstate Finance (@deepstatefi)](https://x.com/deepstatefi) · *Official Protocol Account* — Minimalist, uncompromised automated market maker on Robinhood Chain.

## Related entities

- [Robinhood Chain](https://hoodl2.com/entity/robinhood-chain) — builds on

## Sources

1. [DefiLlama - Deepstate AMM TVL](https://defillama.com/protocol/deepstate) — defillama.com
2. [Deepstate - Minimalist AMM](https://deepstate.sh/) — deepstate.sh
3. [Deepstate Official Website](https://deepstate.fi/) — Deepstate
4. [Joseph Delong on X](https://x.com/josephdelong) — X

---

Last reviewed: 4 Sept 2026  
Canonical: https://hoodl2.com/entity/deepstate  
Source: HoodL2 (https://hoodl2.com) — an independent, sourced reference for the Robinhood Chain ecosystem. Not affiliated with Robinhood Markets or its subsidiaries.