Original | Odaily Planet Daily (@OdailyChina)
Author | Wenser (@wenser 2010 )
As the broader market shows slight signs of recovery, the heat for Ethereum ecosystem Meme coins has reignited. Following ASTEROID, ecosystem tokens like sato, sat1, Lo0p, and FLOOD, which are backed by the Uniswap v4 Hook protocol, have gradually become the focus of market attention. Their market capitalizations range from several million to tens of millions of dollars, bringing much-needed concentrated liquidity to the crypto market that has been lacking narratives. In this article, Odaily Planet Daily will briefly review the information about these tokens and explore whether this wave of excitement can drive a recovery in the UNI token price.
Has Hook Summer Arrived? 4 Major Ecosystem Tokens, Intelligent Liquidity Management
According to Uniswap's official documentation, Hooks are essentially "plugin-style smart contracts" custom-designed for liquidity pools (Pools) in Uniswap v4. Unlike traditional Uniswap V2/V3 which only have a fixed constant product curve (x*y=k), Hooks allow developers to automatically inject custom logic before or after key lifecycle events of a pool (initialization, adding/removing liquidity, Swap, Donate, etc.), thereby turning the entire AMM (Automated Market Maker) into programmable "Lego bricks". In addition to the earlier uPEG, recent representative projects are as follows:
sato: Market Cap Peak Over $38 Million
CA: 0x829f4b62eebe12af653b4dd4ffc480966f7d7f09
Current Market Cap: Approximately $28 Million
On May 4th, immediately after sato's debut, Odaily Planet Daily briefly introduced it. At that time, its market cap was only $9 million. This token is minted and burned through the Uniswap v4 bonding curve mechanism. Buying generates new tokens and locks ETH as reserves, while selling exchanges ETH from the reserves and burns tokens. At that point, its cumulative buy volume had approached 1000 ETH. Subsequently, sato's market cap once exceeded $30 million.
Although community users later discovered its curve mechanism had buy-sell price disparities, causing its market cap to once drop below $13 million, its innovative mechanism and first-mover advantage have kept its current market cap around $28 million, with a 24-hour trading volume nearing $6 million.
sat1: Market Cap Peak Over $10 Million
CA: 0x8f66337a0c2a02202fd91dd596c411cf977c6060
Current Market Cap: Approximately $800,000
On May 8th, sat1, marketed as an "optimized version of sato", reached its hype peak. Thanks to strong promotion by crypto KOL Huanba Longwang (Dragon King) in WeChat groups, the token's market cap once surpassed $10 million. However, following subsequent backlash, the project eventually spiraled downwards, with its market cap now less than a tenth of its peak.
Lo0p: Market Cap Peak Close to $6.6 Million
CA: 0x20ea861b3acec90d3a15b4755d9a1cf1f161496e
Current Market Cap: Approximately $960,000
Official Account: https://x.com/lo0pio
On May 10th, Lo0p's market cap once exceeded $6 million, with a daily increase of over 110x. Similarly, Lo0p's main concept is a "lending AMM protocol based on Uniswap v4 Hooks", aiming to solve the idle ETH capital efficiency issue in LP pools. Users buy LO0P tokens through a bonding curve, which are locked as collateral (without selling), and can directly borrow ETH from the pool reserves at a 40% LTV; borrowing does not directly impact the spot price, and the post-liquidation mechanism attempts to refill the LP band. Hooks inject custom logic during Swap/liquidity lifecycle events, achieving "collateralized lending + LP rewards + borrowing interest" composite returns while maintaining pool price stability. Its core mechanism lies in "built-in lending."
FLOOD: Market Cap Peak Nearly $6 Million
CA: 0xff003fbe8b8d5e7f271a9cb9f2780003daed2aa8
Current Market Cap: Approximately $1.4 Million
Official Account: https://x.com/flood_markets
On May 10th, FLOOD's market cap once exceeded $5 million. As the hype subsided, its current market cap is around $1.4 million. It is reported that FLOOD has a total supply of 50 million tokens. Its special mechanism is: the asset reserves generated from user purchases enter the corresponding Aave v3 market to earn yield; transaction fees are also retained within the pool, used to increase reserves and influence token price. The core lies in the Aave integration for automatic yield, with the Hook mechanism playing the role of "automatic rebalancing and yield recycling". No wonder some community users remarked: "Buying funds enter the pool → pool assets earn interest on Aave → interest stays in the pool → long-term price increase. So this is using my money to deposit and earn interest?"
Hook Mechanism Tokens Drive Uniswap Ecosystem Development: UNI Bullish Long-Term, But Limited Short-Term Gains
Thanks to the rapid development of the Uniswap v4 Hook mechanism, ecosystem tokens in this sector have become a category alongside Meme coins and project ecosystem tokens. In the long run, they can further attract users and capital liquidity to participate in Uniswap v4 liquidity pool trading and development.
Combined with the previous news that "Uniswap has turned on the fee switch, with a portion of protocol fees used to burn UNI tokens," the long-term fundamentals of UNI appear steady and positive.
However, in the short term, the emergence of Hook mechanism tokens cannot directly drive a rise in the UNI token price. Factors such as the lifecycle and sustainability of these tokens, token price volatility versus transaction fee proportions, and UNI's susceptibility to crypto regulatory policies and broader market trends intervene.
Therefore, in summary, the Hook ecosystem is a "long-term nutrient" for UNI, but in the short term, it acts more like a "catalyst" rather than a "booster."
Furthermore, according to the Uniswap official website, the current v4 TVL is approximately $595 million, slightly lower than v3 ($792 million) and v2 ($966 million) liquidity pools. Thus, v4 and the Hook ecosystem still require time to accumulate strength and gradually grow into mainstream liquidity management protocols in the market.
Finally, Odaily Planet Daily reminds readers that the above tokens are all early-stage technological innovation experiments and may contain unknown bugs or other risks. Please be aware of relevant risks when participating in trading. The above information does not constitute investment advice.











