There's a pretty big play that's just chilling under the radar and some new infrastructure for v4 hooks.
What the hook? $WTH - $920k mcap
Read here if you want to understand the tech
https://x.com/whatthehookv4/status/2084608871142699112
Here's the enhanced breakdown of what it is in my own words:
WTH is a small piece of code that attaches to a Uniswap v4 trading pool.
Here's the problem it solves:
Every time someone buys or sells a token, the price in that pool moves a little. If the same token has a second pool, the two prices no longer match, and that gap is free money. Right now, robot traders called mev bots race in, grab that money, and carry it out of the project forever. WTH gets there first. As soon as your trade happens, the hook checks the other pool, fixes the price gap itself, and keeps the profit inside the system instead of losing it. Then it shares the money out. On a buy, 40% comes back to you as a rebate and 60% goes to the people who supplied tokens to the pools. On a sell, it's 10% to you and 90% to the pools.
If the hook doesn't make real profit, nobody gets paid, it can never hand out more than it actually caught. The $WTH token itself is the live demo that proves the tech works, and when other projects plug in their own two pools, a slice of the profit flows back to the WTH pools too. Any project with two pools can connect, and so can launchpads. It could even work on huge pairs like WETH/USDC one day, that just needs Uniswap's support and a lot more attention.
The hook doesn't only compare its own two pools — it also looks at v3 pools holding the same base token, so there are more places to find a gap.
https://www.whatthehook.io/
https://x.com/whatthehookv4
0xb8fa8010833463aac5595b55b9045479239eff79
https://dexscreener.com/robinhood/0x79723a75c401d5c3ad66b0d0837739e502f08799ebf6a503e6e4d0827b3eb7e5
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