Buy & Swap WTH (ETH, WETH, USDG)
Use the token-market selector to compare WTH/ETH, WTH/WETH and WTH/USDG routes. Choose Buy or Sell, enter an amount and connect a wallet to request an executable quote.
WHAT THE HOOK · WTH · UNISWAP V4
What The Hook (WTH) Live Arbitrage Dashboard & LP Rewards
Explore the WTH dashboard, compare WTH/ETH, WTH/WETH and WTH/USDG swap pairs, and track hooked pools, arbitrage payouts and LP rewards.
TOTAL DISTRIBUTED$154,127
PROTOCOL
REVENUE$95,348
CASHBACK$25,419
DONATED TO
LPS$19,098
TO
PARTNERS$14,261
Connected pools
All chainsVRAX2 pools
TOTAL DISTRIBUTED
≈$2,603
3,259 DISTRIBUTIONS
WTH POOLS
THIRD-PARTY TOKENS · 104
VRAX2 pools3259 distributionstotal distributed ≈$2,603HOOKED
P1 pool55 distributionstotal distributed ≈$1,384HOOKED
DUEL1 pool177 distributionstotal distributed ≈$1,370HOOKED
ETH /
HOOKR1 pool784 distributionstotal distributed ≈$435.23HOOKED
LAPTOP2 pools122 distributionstotal distributed ≈$266.04HOOKED
CASHED1 pool161 distributionstotal distributed ≈$233.53HOOKED
MARIO1 pool84 distributionstotal distributed ≈$224.69HOOKED
PIPEDOG1 pool2 distributionstotal distributed ≈$200.54HOOKED
ROUTE1 pool120 distributionstotal distributed ≈$195.12HOOKED
WEALD1 pool45 distributionstotal distributed ≈$171.39HOOKED
PARE1 pool17 distributionstotal distributed ≈$158.45HOOKED
0xceeb…71392
pools1 distributionstotal distributed ≈$154.22HOOKED
ETH /
USDG1 pool537 distributionstotal distributed ≈$148.39HOOKED
ORBIO3 pools175 distributionstotal distributed ≈$105.08HOOKED
PROLOGUE1 pool154 distributionstotal distributed ≈$70.96HOOKED
SGOV1 pool77 distributionstotal distributed ≈$59.46HOOKED
XCOINS1 pool74 distributionstotal distributed ≈$59.32HOOKED
5001 pool18 distributionstotal distributed ≈$21.06HOOKED
VIRTUAL1 pool158 distributionstotal distributed ≈$17.40HOOKED
ROBINCAT1 pool3 distributionstotal distributed ≈$14.59HOOKED
HOOD1 pool2 distributionstotal distributed ≈$11.32HOOKED
GRASS2 pools3 distributionstotal distributed ≈$9.18HOOKED
MARTIANS1 pool1 distributionstotal distributed ≈$1.01HOOKED
0x8d00…854c1
pool—HOOKED
WTH1 pool—HOOKED
0xa744…a22b1
pool—HOOKED
GME1 pool—HOOKED
MOO1 pool—HOOKED
FIG1 pool—HOOKED
Gimo1 pool—HOOKED
GRACE1 pool—HOOKED
LULU1 pool—HOOKED
BONER1 pool—HOOKED
NEKO1 pool—HOOKED
HIMS2 pools—HOOKED
LIGER1 pool—HOOKED
UNIPCS1 pool—HOOKED
CAT1 pool—HOOKED
HAKU1 pool—HOOKED
DONSENSE1 pool—HOOKED
DONSENSE1 pool—HOOKED
ORIEL1 pool—HOOKED
INJOH1 pool—HOOKED
DARK1 pool—HOOKED
ASTEROID1 pool—HOOKED
LOOT1 pool—HOOKED
CROSSRATE1 pool—HOOKED
PRP1 pool—HOOKED
NOTE1 pool—HOOKED
INU1 pool—HOOKED
BOW1 pool—HOOKED
WALLET1 pool—HOOKED
CODEMEN1 pool—HOOKED
musebook1 pool—HOOKED
OZZY1 pool—HOOKED
XL1 pool—HOOKED
EARN2 pools—HOOKED
BPOOL1 pool—HOOKED
NILF1 pool—HOOKED
OPENAIx1L1 pool—HOOKED
NVDAx3L1 pool—HOOKED
ELONG1 pool—HOOKED
INTC1 pool—HOOKED
MSFT1 pool—HOOKED
Arbitrage volume* · ALL TIME
$15,090,291
45,971 arbitrage txs
Aug 4Aug 14Aug 24Sep 3Sep 13Sep 23Oct 3now
* both legs of every cycle
WTH MARKETS · BUY / SELL
Buy & Swap WTH
Choose a WTH pair, enter an amount and connect a wallet to review a swap quote.
WTH LIVE PRICELoading…
24h: —CoinGecko · updating
Balance: connect wallet
WTH
Estimated amount
WTH
INDICATIVE MARKET ESTIMATE
Connect wallet for live quote
Estimates use market-wide USD prices, not pool quotes. Actual swap rates, fees, slippage and execution require an on-chain router and connected wallet.
Liquidity events
latest 298 of 62,647 on-chain events10m
agoETH/HOOKRREMOVE0x77a8…d7ad↗16m
agoETH/HOOKRDONATE≈$0.039↗16m
agoETH/HOOKRDONATE≈$0.014↗50m
agoETH/PFWADONATE≈$1.63↗50m
agoETH/PFWADONATE≈$0.084↗1h
agoUSDG/SHROOMREMOVE0x36f4…7246↗1h
agoWTH/WETH #1ADD0xdddd…e6fa↗1h
agoAMC/USDGDONATE≈$0.015↗1h
agoSHROOM/HIMSADD0x36f4…7246↗1h
agoMRNA/SHROOMADD0x36f4…7246↗
Liquidity providers
on-chain · since hook deployment188 providers · 1,847 adds · 615 removes
Buybacks & Burns
deployer 0x883a…3A8e ↗ · USD at the timeBOUGHT BACK & BURNED$45,076
WTH BURNED2,278
OF SUPPLY1.08%
What The Hook: Liquidity Deposits, Arbitrage & LP Rewards
What The Hook (WTH) uses a Uniswap v4 hook to capture opportunities created by price differences between connected pools. The dashboard brings pool activity, distributions and liquidity events together in one place.
WTH Hook & Uniswap v4
A Uniswap v4 hook adds custom logic to pool operations. WTH uses hook-based execution to capture eligible arbitrage and distribute the realised value according to pool rules.
WTH Deposit & Add Liquidity
Choose Use Our Hook, review the token and ETH or USDG pair, select a pool fee, then continue to the liquidity deposit and wallet confirmation steps.
Liquidity Provider Rewards
LPs in eligible hooked pools can receive a share of captured arbitrage profits on top of normal swap fees. Payments depend on actual activity and the applicable pool split.
Connected & Hooked Pools
Explore WTH, MEME, VRAX and other connected markets, including their pool counts, distribution activity and recorded payouts.
Arbitrage Volume & Cashback
Review displayed arbitrage volume and the allocation of realised profit, including trader cashback, liquidity-provider distributions and protocol revenue.
WTH Payout Records
Use the dashboard records, liquidity events and on-chain transactions to inspect the distribution history. Displayed values may change as new activity occurs.
WTH Arbitrage Profit Split: Liquidity Providers, Swappers & Treasury
What The Hook distributes captured arbitrage profit, not a percentage of every trade or a guaranteed APY. The allocation differs by the type of pool involved.
WTH token pools
10% swapper cashback and 90% WTH treasury of captured profit, according to the published WTH allocation model.
Third-party pools using the hook
45% pool LPs, 40% WTH treasury, 10% referral and 5% swapper cashback of captured profit.
When no profitable arbitrage is captured, there is no corresponding payout. Liquidity positions also remain exposed to impermanent loss and smart-contract risk.
How to Deposit Liquidity Using the WTH Hook
- Choose a pool. Open the hook interface and review the selected token and quote asset, such as ETH or USDG.
- Review pool terms. Select the available fee tier and examine the proposed liquidity position and range.
- Enter your deposit. Specify the liquidity amount and review the transaction details.
- Confirm in your wallet. Check the network, token addresses and transaction details before approving.
Liquidity provision carries market, price-range and smart-contract risks. Captured arbitrage and LP rewards are not guaranteed.
What The Hook (WTH) FAQ
Which WTH swap pairs are available on this page?
The token selector offers WTH/ETH, WTH/WETH and WTH/USDG. The interface switches payment and receiving assets but an executable rate requires a connected on-chain swap provider.
What is What The Hook (WTH)?
What The Hook is a Uniswap v4 hook protocol designed to capture arbitrage opportunities between connected pools and allocate realised value to eligible participants.
How do I deposit liquidity with WTH?
Use the hook interface to choose a token pair and fee tier, continue to the deposit step, enter the amount and review the wallet confirmation. Availability depends on the connected pool and network.
Do WTH liquidity pools offer staking?
Adding liquidity and staking are different actions. The hook liquidity interface shown here is for creating or funding liquidity positions, not for staking WTH tokens.
How are WTH LP rewards generated?
Eligible liquidity providers may receive a portion of arbitrage profits captured by the hook. Payouts depend on profitable activity and the rules of each pool.
Which WTH metrics can I track?
The dashboard includes connected pools, total distributions, protocol revenue, swap cashback, liquidity-provider rewards, arbitrage volume, liquidity events and provider activity.
What does HOOKED mean on a pool?
HOOKED identifies pools displayed as using the WTH hook. A hooked pool is not automatically profitable, and its rewards depend on actual on-chain activity.
How is captured profit shared between WTH traders and LPs?
For WTH token pools, the published model assigns 10% of captured profit to swapper cashback and 90% to the treasury. Third-party hook pools allocate 45% to pool LPs, 40% to the treasury, 10% to referrals and 5% to swapper cashback.
Are WTH arbitrage rewards or deposit returns guaranteed?
No. Rewards depend on actual profitable arbitrage captured by the hook. If no profit is captured, there is no matching arbitrage payout. Deposits also carry market and smart-contract risk.
What is the difference between swap cashback and LP rewards?
Swap cashback is a return to an eligible trader following a swap. LP rewards are a share of captured arbitrage profit allocated to liquidity providers in eligible hooked pools, in addition to ordinary pool trading fees.
ALL CHAINS · UPDATED 25s AGO
