Original | Odaily Planet Daily (@OdailyChina)

Author | Wenser (@wenser 2010 )

After a slight recovery in the market, the heat of Ethereum ecosystem Meme coins has reignited. Following ASTEROID, ecological tokens such as sato, sat1, Lo0p, and FLOOD, which rely on the Uniswap v4 Hook protocol, have gradually become the focal point of the market, with market valuations ranging from several million to tens of millions of dollars, bringing much-needed concentrated liquidity to the narrative-exhausted crypto market. Odaily Planet Daily will briefly review the information of these tokens in this article and discuss whether this surge can drive the UNI price up.

Is Hook Summer Here? 4 Major Ecological Tokens, Intelligent Liquidity Management

According to Uniswap official documentation, Hook is the "plugin-style smart contract" customized for liquidity pools in Uniswap v4. Unlike the traditional Uniswap V2/V3 with a fixed constant product curve (xy=k), it allows developers to automatically inject custom logic before and after key lifecycle nodes of the pool (initialization, adding/removing liquidity, Swap, Donate, etc.), transforming the entire AMM (Automated Market Maker) into programmable "LEGO blocks." Apart from the previous uPEG, recent representative projects are as follows:

sato: Market Cap Peak Exceeds 38 Million USD

CA: 0x829f4b62eebe12af653b4dd4ffc480966f7d7f09

Current Market Cap: 28 Million USD

On May 4, when sato debuted, Odaily Planet Daily had provided a brief introduction, at that time, its market cap was only 9 Million USD. The token is minted and burned through the Uniswap v4 curve mechanism, with buying generating new tokens and locking ETH as reserves, while selling redeems ETH from reserves and burns tokens, with cumulative buying approaching 1000 ETH at that time. Subsequently, sato's market cap once surpassed 30 Million USD.

Although community users later discovered that its curve mechanism has a buy-sell price difference which led to a temporary drop in market cap below 13 Million USD, its innovative mechanism and first-mover advantage have enabled its current market cap to remain around 28 Million USD, with a 24-hour trading volume close to 6 Million USD.

sat1: Market Cap Peak Exceeds 10 Million USD

CA: 0x8f66337a0c2a02202fd91dd596c411cf977c6060

Current Market Cap: Around 800 Thousand USD

On May 8, sat1, conceptualized as "optimized version of sato," reached its peak hype. Thanks to the strong promotion by crypto KOL Han Ba Long Wang in WeChat groups, the token's market cap once surpassed 10 Million USD. However, with subsequent public backlash, the project gradually fell into a death spiral, with its market cap reduced to a fraction.

Lo0p: Market Cap Peak Nears 6.6 Million USD

CA: 0x20ea861b3acec90d3a15b4755d9a1cf1f161496e

Current Market Cap: Around 960 Thousand USD

Official Account: https://x.com/lo0pio

On May 10, Lo0p's market cap once exceeded 6 Million USD, with daily gains exceeding 110 times. Similarly, Lo0p's main concept is "a lending AMM protocol based on Uniswap v4 Hook," aimed at addressing the capital efficiency issue of idle ETH in LP pools. Users can buy LO0P tokens by binding the curve, locking them as collateral (without selling), and can borrow ETH directly from the pool reserve at 40% LTV; borrowing does not directly impact spot prices, and after liquidation, the mechanism attempts to refill the LP band. Hook injects custom logic during the Swap/liquidity lifecycle, realizing "collateral lending + LP earnings + lending interest" compound returns while maintaining pool price stability. Its core mechanism is "built-in lending."

FLOOD: Market Cap Peak Nearly 6 Million USD

CA: 0xff003fbe8b8d5e7f271a9cb9f2780003daed2aa8

Current Market Cap: 1.4 Million USD

Official Account: https://x.com/flood_markets

On May 10, FLOOD's market cap once exceeded 5 Million USD, but with the decline of the hype, its current market cap is reported to be around 1.4 Million USD. Reportedly, FLOOD's total supply is 50 Million tokens, and its special mechanism is that the asset reserves generated from user purchases enter the corresponding Aave v3 market to gain earnings, and transaction fees are also retained in the pool to increase reserves and affect token prices. The core lies in Aave's integrated automatic earnings, with the Hook mechanism playing the role of "automatic rebalancing and earnings return." This explains why some community users candidly state: "Buy funds entering the pool → Pool assets earn interest in Aave → Interest remains in the pool → Long-term price increase, as this is using my money to save and earn interest?"

Hook Mechanism Tokens Promote Uniswap Ecosystem Development: UNI Long-Term Bullish, Short-Term Gains Limited

Thanks to the rapid development of the Uniswap v4 Hook mechanism, the ecological tokens of this sector have now become a type of Meme coin and project ecological tokens, which can further attract users and liquidity participation in Uniswap v4 liquidity pool transactions and construction in the long term.

Combining previous news that “Uniswap has opened the fee switch, with part of the protocol fees used to burn UNI tokens,” the long-term fundamentals of UNI are showing stable improvement.

However, in the short term, the emergence of Hook mechanism tokens cannot directly drive the price increase of UNI tokens, as there are still factors to consider such as token lifecycle and sustainability, token price fluctuations and transaction fee ratios, and the impact of crypto regulatory policies and market trends on UNI tokens.

Therefore, in summary, the Hook ecosystem serves as "long-term nourishment" for UNI, but in the short term is more of a "catalyst" rather than a "booster."

Additionally, according to Uniswap official webpage, the current v4 TVL is reported to be 595 Million USD, slightly lower than v3 (792 Million USD), v2 (966 Million USD) and other liquidity pools, thus the adoption of v4 and Hook ecosystem still requires some time to accumulate strength and gradually grow into a mainstream liquidity management protocol in the market.

Finally, Odaily Planet Daily reminds readers that the tokens mentioned above are all early-stage technological innovation experiments and may contain unknown bugs or other risks; please pay attention to relevant risks when participating in trading, and the above information does not constitute investment advice.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。