uni v4 hooks: the pluggable liquidity primitive turning Uniswap into a platform from a swap engine Its not a surprise to see what's happened on the UNI chart. rather its a culmination of years of technical work underpinning the move. Let me walk you through the one innovation that's now taken all of ct by storm, and seen a range of tokens going from zero to millions in weeks. But the real story ain't the tokens, let's be honest, most are just memes, and the purpose for their existence ain't what most people think. They existed to showcase what v4 hooks are capable of, and the experimentation has led to the realization that uniswap is no longer just an AMM DEX wtf is uni v4 hooks? v4 hooks are add-on smart contracts (much like chrome extensions) that plugs into the existing pool infra of uniswap and runs custom code at specific moments This could be some custom logic invoked before a swap, before adding liquidity, after removal of liquidity, or when fee is accrued. Every single touchpoint in a pool's lifecycle can now have custom logic embedded in. So in practice anyone can now build their own custom AMM designs inside uniswap w/o having to take the burden of bootstrapping liquidity, and get instant distribution and depth via uniswap's liquid infra, routing and aggregator integrations. So just like chrome extensions are added software that adds more power to your chrome browser, these liquidity extensions plug-in to the biggest DEXthat exsits and allows you to design your own financial experiments and products. what's been built w/ hooks so far? the first wave of token experiments have proven the concept of the v4 hook take the example of $01. Currently the largest v4 hook token it introduces the pay-to-mint bonding curve hook-enforcement such that nobody can bypasss the price, and is immutable from launch. Every buy locks USDS into a reserve held as sUSDS and the yield only raises the buyback floor, and never leaves. 0.25% burned on every trade. Then it introduces a zcash style shielded pool for private holdings, introduces lending against your bag USD0, backed 1:1 that moves fully privately. Bonded at $2m reserve, and trades ~$40m, no owner, no team, no off switch w/ ~5,000 holders, and almost all chinese with barely zero mentions on the ct timeline yet! Except ofc in the CBC discord Another experiment quite similar is $SATO - similar pay-to-mint bonding curve w/ permanently locked reserves and deflationary burn mechanics which also peaked at ~$40m. The hook here reinforces the mint price curve, which means again that nobody can bypass it, and the rules are baked into the pool itself and are immutable from the beginning $uPEG, a third experiment used hooks to mint a unique 24x24 pixel NFT everytime someone swapped. The swap created the art w/ no external server, IPFS, just pure code running inside the pool. It hit ~$34m mcap in two weeks of launch, and even the CMO of Opensea bought it so far what we saw were memetic/creative experiments proving the novel mechanics of v4 worked. The next wave will be actual financial infrastructure expanding the use case into real financial use cases. the next wave will be mechanics that simply can't exist w/o v4, have tokenomics enforced by the pool, not by trust, and economic models immutable from deployment. the power of v4 hooks ain't deploying tokens, its about mechanisms previously impossible or hard to build as pluggable infra using uni's existing liquidity base.