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Legacy Liquidity

All liquidity on HOOKED is built on concentrated liquidity infrastructure. This means every pool follows the V3-style design where liquidity providers choose specific price ranges to deploy their capital. Concentration of liquidity creates deeper books around active trading ranges, dramatically improving capital efficiency compared to the legacy full-range AMM model.

That said, not all assets benefit from narrow concentration. To support simpler use cases and ensure liquidity is accessible to all participants, HOOKED offers legacy-style pools by allowing providers (or protocols) to spread their liquidity evenly across the entire price range. In practice, this replicates the familiar V2 experience, but under the V4 hooks architecture.

How Legacy Pools Work​

A legacy pool on HOOKED is simply a concentrated liquidity pool with the range set across the full spectrum. Liquidity is therefore always active, regardless of price movement. While this is less capital-efficient than narrow concentration, it provides predictable depth, makes pool behavior easier to understand, and is well-suited for pairs where price discovery is wide or uncertain.

Stable vs. Volatile Pairs​

Legacy deployment works differently depending on the type of pair:

  • Stable or correlated assets (such as stablecoins or wrapped assets) can still use full-range liquidity but benefit from extremely low fee tiers. This makes them efficient for everyday swaps without requiring manual rebalancing
  • Volatile pairs can also be deployed in full-range mode, but the trade-off is reduced capital efficiency compared to concentrated positions. These pools are most useful when protocols or DAOs want to guarantee continuous liquidity across a wide price band.

Fees and Rewards​

Because legacy pools run on V4 hooks, their fees remain dynamic and oracle-driven, just like concentrated positions. Traders benefit from low caps on stable pairs (as little as 0.05%) and protective scaling during volatility or MEV-heavy conditions.

Rewards are also distributed through the same gauge system. If a full-range pool is added to the gauge set, $veHOOKED voters can direct emissions toward it. This ensures legacy-style liquidity can be incentivized fairly without relying solely on mercenary yield.

Why Legacy Style Still Matters​

Even in a concentrated liquidity world, legacy pools fill an important role. They offer always-on liquidity for pairs where price ranges are unpredictable, lower the technical barrier for new LPs, and provide a reliable fallback for protocols that want continuous coverage without the need to actively manage positions. By supporting both concentrated and full-range deployments, HOOKED combines the efficiency of V3 with the accessibility of V2—delivering a unified metaDEX architecture under Uniswap V4.