This paper reviews studies of the past ten year related to the crustal deformation of the Longmenshan fault zone (LMSFZ) which was struck by the M 8.0 Wenchuan earthquake on May 12, 2008. The tectonics of the LMSFZ located at the eastern margin of the Tibetan Plateau is complex, with complicated fault geometry and a heterogeneous velocity structure. The Wenchuan earthquake rupture extended for about 300 km along the middle and northern segments of the LMSFZ, with a very complicated rupture process involving multiple sub-events. The Wenchuan slip distribution is characterized by two major slip patches near Hongkou/Yingxiu and Beichuan with peak slip of 5.0–15.5 m and extended from near the surface to below 20 km depth. Prior to the Wenchuan earthquake, the LMSFZ had been seismically quiet for several centuries and there were no hints that suggested that such an M 8.0 earthquake might strike the area. The long-term geological investigations and short-term geodetic measurements before the Wenchuan earthquake generally agree that the horizontal slip rate along the LMSFZ is no more than 3 mm per year. The low slip rate observed at the surface around the LMSFZ may not reveal the real state of accumulated strain at depth where the devastating Wenchuan earthquake nucleated. Rates of aseismic slip at depth derived from seismological investigation of repeating microearthquakes were found to be approximately twice as large as the interseismic rates inferred from surface GPS and geological data. Most of the clusters of repeating microearthquakes are located at the edge of locked areas where large coseismic slips were observed during the Wenchuan earthquake, suggesting a close relationship between microearthquakes and impending large earthquakes. A two-dimensional viscoelastic finite-element model produces a depth-related slip rate pattern around the LMSFZ that is consistent with that revealed by the seismological observation of repeating earthquakes. The measured in situ deep slip rates increase with depth and vary from 3.5 to 9.6 mm/a over a depth range of 4–18 km.The seismological observations of deep slip rates and microseismicity in the three decades before the Wenchuan earthquake reveal that the LMSFZ is indeed not as “quiet” as traditionally assumed in comparison with its neighboring fault systems. Considering the deep slip rates (3.5−9.6 mm/a) from the repeating microearthquakes and coseismic peak offsets of 5.0–15.5 m, the recurrence interval of Wenchuan-like events is estimated to be about 500−4500 years. The estimated recurrence interval based on the deep slip rates is much smaller than those estimates using the same coseismic displacements divided by GPS-derived or geological slip rates. Slip rate increases with depth were also recognized in the Parkfield section of the San Andreas fault zone and in the northeastern Japan subduction zone before the ruptures of the 2004 M w6.0 Parkfield earthquake and the 2011 M w9.0 Tohoku-oki earthquake, respectively. Accelerated slip is thought to have preceded a number of recent large subduction zone earthquakes and the 2008 Wenchuan earthquake, and repeating earthquakes may document short-term precursory slip at depth. Alternatively, the rapid slip rates indicated by the repeating microearthquakes may represent transiently accelerated slip preceding the Wenchuan mainshock. We suggest that slip rates at seismogenic depths are of critical importance in seismic hazard analysis. Repeating earthquakes can be regarded as “deep creepmeters” that measure the in - situ deep slip rate on otherwise aseismically slipping faults. For less well defined and widespread faults within the continents, it is essential to reveal a fault’s or region’s seismic history over different time scale. Combining a better understanding of earthquake diversity with modern technology is the key to effective and comprehensive hazard mitigation practices. The potential earthquake hazard of locked faults with unusually high inferred deep slow slip rates should be paid more attention. The 2008 Wenchuan earthquake is the best-studied continental earthquake to date with a large number of scientific publications enabled by the vast collected data sets. The research community efforts have provided first-order information about this unexpected event regarding its coseismic slip distribution and fault geometry. However, there are many remaining questions about the basic nature of this earthquake to be further constrained with multiple data sets, including the relationship of its rupture with prior coupling and interseismic creep, the varying dynamical rupture processes with depth, the frequency dependence of seismic radiation across the fault zone, and the role of multiple postseismic deformation processes.