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OVERVIEW

HOOKED! is the first DEX to double the productivity of stablecoin liquidity by capturing swap fees and external yield simultaneously. We're building the stablecoin hub: a platform that finally merges different yield sources into one efficient liquidity layer, enabling deeper, more efficient stablecoin markets.

HOOKED! solves a fundamental problem: the $400 billion stablecoin market is highly inefficient, with less than 1% sitting in decentralized exchanges. Traditional DEXes depend on volatility to generate yield, but stablecoins are designed to avoid volatility. This creates a misalignment that HOOKED! resolves through REHYPED liquidity: stablecoin liquidity that earns yield from two sources at once.

The HOOKED! Protocol​

HOOKED! leverages Uniswap V4's hooks architecture to build dynamic, yield-generating pools on top of the largest DEX infrastructure in DeFi. This integration provides access to Uniswap's $2 billion liquidity hub from day one, enabling centralized exchange-level execution.

REHYPED Liquidity​

REHYPED liquidity enables stablecoin liquidity to earn yield from two sources simultaneously:

  1. Swap fees from trading activity within the pool
  2. External yield from lending markets and other DeFi protocols

This dual-revenue model doubles the productivity of stablecoin liquidity, transforming idle capital into productive assets that generate yield 24/7, regardless of trading volume.

How It Works​

REHYPED liquidity operates like a Bitcoin miner that generates both cryptocurrency and heat: one asset serves two purposes simultaneously. In HOOKED!'s model, liquidity providers deposit stablecoins into pools. These assets are then redirected to top-tier yield curators who compete to source the highest, most reliable returns across DeFi.

These curators are incentivized to maximize yield because their compensation is tied to the total value locked (TVL) they manage: higher yields attract more capital, generating more fees for the curators. This creates a positive feedback loop: better yields attract more liquidity, which enables deeper pools and better execution.

Yield Agnostic Architecture​

HOOKED! is yield agnostic, meaning it's not locked into any single platform like Aave or Compound. Yield curators can source returns from any source across DeFi, allowing the protocol to index yield against the entire DeFi ecosystem rather than a single protocol. This flexibility ensures liquidity providers always earn competitive yields.

Performance​

Based on historical data from 2024:

  • LP fees alone: 2.45% average yield
  • Lending markets alone: 6.62% average yield
  • Combined (LP + lending): 9.07% average yield
  • HOOKED! model (projected incentive layer): 11.79% average yield

This performance demonstrates that HOOKED! consistently outperforms both traditional liquidity pools and lending markets by combining their strengths into a single, more efficient platform.