Original | Odaily Planet Daily (@OdailyChina)
Author | Wenser(@wenser 2010 )
After a slight recovery in the broader market, the heat for Meme coins in the Ethereum ecosystem has rekindled. Following ASTEROID, ecological tokens backed by the Uniswap v4 Hook protocol, such as sato, sat1, Lo0p, and FLOOD, have gradually become the focus of market attention, with market capitalizations ranging from millions to tens of millions of dollars, bringing rare concentrated liquidity to the narrative-dry crypto market. Odaily Planet Daily will briefly summarize the information about these tokens in this article and explore whether this boom can drive a recovery in the price of UNI.
Has Hook Summer Arrived? 4 Major Ecological Tokens, Intelligent Liquidity Management
According to Uniswap official documentation, Hook is a "plugin smart contract" tailored for liquidity pools in Uniswap v4. Unlike traditional Uniswap V2/V3 which only has a fixed constant product curve (x*y=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.), thereby turning the entire AMM (Automated Market Maker) into programmable "Lego bricks". Aside from the previous uPEG, recent representative related projects are as follows:
sato: Market Cap Peak Exceeded $38 Million
CA:0x829f4b62eebe12af653b4dd4ffc480966f7d7f09
Current Market Cap: ~$28 Million
On May 4th, when sato first emerged, Odaily Planet Daily provided a brief introduction. At that time, its market cap was only $9 million. This token is minted and burned through the Uniswap v4 curve mechanism. Buying generates new tokens and locks ETH as reserves, while selling exchanges ETH from the reserves and burns tokens. By then, 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 a buy-sell spread, causing its market cap to once fall below $13 million, its innovative mechanism and first-mover advantage keep its current market cap around $28 million, with a 24-hour trading volume close to $6 million.
sat1: Market Cap Peak Exceeded $10 Million
CA:0x8f66337a0c2a02202fd91dd596c411cf977c6060
Current Market Cap: ~$800,000
On May 8th, sat1, under the concept of "optimized sato", reached its speculative peak. Thanks to vigorous promotion by crypto KOL Han Ba Long Wang in WeChat groups, the token's market cap once surpassed $10 million. However, with subsequent backlash, the project eventually spiraled down, losing over 90% of its value.
Lo0p: Market Cap Peak Approached $6.6 Million
CA:0x20ea861b3acec90d3a15b4755d9a1cf1f161496e
Current Market Cap: ~$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 Hook," aiming to solve the idle ETH capital efficiency problem in LP pools. Users buy LO0P tokens by binding the curve, locking them 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; after liquidation, the mechanism attempts to refill the LP band. The Hook injects custom logic during the Swap/liquidity lifecycle, achieving "collateral lending + LP收益 + loan interest" compound returns while maintaining pool price stability. Its core mechanism lies in "built-in lending."
FLOOD: Market Cap Peak Near $6 Million
CA:0xff003fbe8b8d5e7f271a9cb9f2780003daed2aa8
Current Market Cap: ~$1.4 Million
Official Account: https://x.com/flood_markets
On May 10th, FLOOD's market cap once broke $5 million. As the speculative heat cooled down, the 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: asset reserves generated from user purchases enter the corresponding Aave v3 market to earn yield; transaction fees are also retained in the pool, used to increase reserves and affect the token price. The core lies in Aave integration for automatic yield, with the Hook mechanism playing the role of "automatic rebalancing and yield recycling". No wonder some community users bluntly stated: "Buying funds enter the pool → pool assets generate interest on Aave → interest stays in the pool → long-term price push, 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, ecological tokens in this sector have now become a type of Meme coin and project ecological token. 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 opened the fee switch, with part of the protocol fees used to burn UNI tokens," the long-term fundamentals of UNI show a steady and positive trend.
However, in the short term, the emergence of Hook mechanism tokens cannot directly drive the price increase of the UNI token. Intermediate factors include the token lifecycle and sustainability, token price volatility and transaction fee proportions, and the impact of crypto regulatory policies and overall market trends on the UNI token.
Therefore, in summary, the Hook ecosystem is "long-term nourishment" for UNI, but in the short term, it's more like a "catalyst" than a "booster."
Also according to the Uniswap official website page, the current v4 TVL is temporarily reported at $595 million, slightly lower than v3 ($792 million) and v2 ($966 million) liquidity pools. Therefore, v4 and the Hook ecosystem still need 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 early-stage technological innovation experimental products and may contain unknown bugs or other risks. Please be aware of the relevant risks when participating in trading. The above information does not constitute investment advice.
