SHILLER

Uniswap v4 has processed over $410B in cumulative volume, turning the AMM into programmable market infrastructure. Hooks are now pushing custom fees, liquidity and launch mechanics directly into the market layer. So what is @Uniswap v4 really becoming? Let’s break it down. — ● v4 turned Uniswap into programmable market infrastructure. Uniswap v4 launched on 31 Jan 2025, making hooks the extension layer for custom market logic. Hooks execute around swaps, liquidity changes and initialization, with 14 permission bits encoded in the hook address. Powered by: • Singleton PoolManager • Flash accounting • Native $ETH • Custom accounting This lets v4 modify fees, redirect value, reshape liquidity or replace the pool’s curve. v3 was AMM and v4 is programmable market infrastructure. — ● Hooks were already proving the model before the Robinhood hype. Builders were using hooks for very different DeFi use cases: • @eulerfinance -> lending + swap liquidity • @angstromxyz -> uniform clearing + MEV protection • @flaunchgg -> creator fees + buybacks + launch mechanics Flaunch alone reached ~$472M volume across 151,995 tokens, generating 793 ETH in creator revenue and 240 $ETH in buybacks. The design space extends far beyond meme launches: liquidity, execution, fees and token markets. — ● Robinhood Chain changed the distribution problem @RobinhoodApp Chain (4663) went live on 1 July 2026 with Uniswap v2/v3/v4 and UniswapX from day one. • ~$12.8B Uniswap volume in its first month • #2 Uniswap market after @ethereum • ~80% of DEX volume was memecoins • 340K+ tokens launched • ~$3.6B launchpad volume A mix of high-frequency launches, retail activity and programmable pools have turned hooks into a token-launch primitive. — ● The v4 ecosystem is expanding fast Different teams are using hooks for launches, liquidity, fees and custom market mechanics. • @Uniswap : Official v4 venue, routing and hook infrastructure. • @unipegv4 : Swaps create or update unique onchain unicorns. • @token_works : NFT gacha using the pool as its game and fee/buyback engine. • @lo0pio : DEX + lending, letting liquidity earn swap and borrow fees. • @ponsdotfamily : Bonding-curve launches graduating into locked v4 pools. • @0xprogrammable : No-code custom v4 hook deployment and launches. • @Hookrfun : Composable hook blocks for custom market mechanics. • @basedbidx : v4 hooks deployed across Ethereum, @base, @BNBCHAIN , Robinhood Chain and @Solana. • @MeshGateway : Machine-readable v4 hook permissions for safer agent routing. • @v4dotfun : Programmable-market launchpad for custom v4 mechanics. — ● Hooks are still early in the v4 market Uniswap v4 has already processed $410B+ cumulatively, with ~$953M TVL and $1.1B+ in 24h volume. But ~87% of v4 volume still runs through hookless pools. So the thesis isn’t “hooks are taking over Uniswap.” It’s that hooks are turning v4’s unused programmability into a new product layer. — ● The bottleneck is shifting from AMM design to hook security. Hooks make market design permissionless, but also create a new application-level attack surface. The hook address shows which callbacks it can access, not whether its code is safe. @bunni_xyz ~$8.4M exploit in September 2025 is the warning: • The failure came from application accounting/authentication • The v4 core was not the failure point — The bigger shift is that Uniswap v4 is becoming infrastructure for designing markets, not just trading assets. Robinhood Chain is accelerating that transition by putting programmable markets directly into a high-frequency launch environment. The opportunity is large, but the next winners will be the teams that make hooks useful, composable and safe.