On-chain intelligence · Uniswap V4

Robinhood Chain: Twelve Days of Hooks

A full scan of every PoolManager Initialize event from the network's launch (07/01/2026) through block 7,099,436 — not a sample, a complete pass over the chain.

Chain ID 4663 PoolManager 0x8366a39c…e40951 Sources Blockscout · DexScreener · DefiLlama Window 07/01 – 07/13/2026

19,351

Initialize events total

7,415

pools with a hook (38%)

257

unique hook contracts

2.4%

tokens with real market data

Bottom line

A hook ecosystem exists — but it's almost entirely meme factories

257 hooks in 12 days is a real number for developer activity. But 88.7% of all hook pools route through just two third-party infrastructure contracts — automated meme-token launch factories, not new projects. Of the 7,400 tokens that passed through hook pools, 97.6% have no market data on any tracker at all — a textbook signature of spam and dust, not real launches.

Headline finding. Robinhood Chain is already moving real volume (press reports cite $500M in 8 days), but at the V4-hook layer this is still mostly permissionless-launch infrastructure (Doppler, Clanker) rather than organic growth in independent hook projects. Genuinely new hook contracts unrelated to known launchers number roughly 15–20 over 12 days by our estimate.

01 · Scale

19,351 pools, a third of them hook-enabled

Of all Initialize events, 61.7% are plain pools without a hook (pairs with no custom logic), 38.3% use a hook. That's a higher hook-share than most mature networks (on Ethereum mainnet the hook-pool share is typically far lower) — Robinhood Chain launched with active hook infrastructure already on board, thanks to day-one launcher integrations.

Pools without a hook 11,936 · 61.7%

Pools with a hook 7,415 · 38.3%

02 · Hook concentration

Two third-party contracts hold 88.7% of all hook pools

257 unique hooks sounds like a healthy ecosystem — until you look at the distribution. Identified contracts via verified names on Blockscout, and the picture shifts sharply.

DopplerHookInitializer 5,311 · 71.6%

ClankerHookStaticFeeV2 1,264 · 17.0%

UniversalKlikHook 135 · 1.8%

unverified 105 · 1.4%

LivoSwapHook 65 · 0.9%

remaining 252 hooks 535 · 7.3%

Doppler is a Dutch-auction fair-launch protocol (widely used for meme tokens and community launches across several chains). Clanker is an automated meme-coin deployer, typically triggered by a bot/agent. Both are shared launch infrastructure, not bespoke hook development for a specific project.

What this means for the "hook count." Of the 257 unique contracts, 208 were used exactly once — these are the real candidates for genuine, one-off hook projects (roughly 15-20 after subtracting extra instances of known launchers and unverified proxies). The remaining 49 are reused infrastructure spanning tens, hundreds, or thousands of pools each.

Hooks with 1 pool	208
Hooks with 2–5 pools	23
Hooks with 6–20 pools	18
Hooks with >20 pools	8

03 · Signal quality

7,400 tokens passed through hook pools — only 180 have data

For every non-native (non-ETH) token found in a hook pool, checked for the presence of data on DexScreener (market cap, liquidity, volume). The result is a strong signal about ecosystem quality.

No data anywhere 7,220 · 97.6%

Has market data 180 · 2.4%

Don't mistake this for "failed projects." The absence of DexScreener data for 97.6% of tokens almost certainly means zero or instantly-drained liquidity — a textbook pattern of bot spam and dusting through permissionless launchers (especially Doppler/Clanker, where spinning up a pool costs pennies). This isn't 7,220 failed projects — it's the network's background noise.

04 · Meme vs. infrastructure

Classifying the 180 tokens with real data

Classification by keyword matching on name/ticker — a heuristic, not expert review (see methodology below). It reliably catches "internet meme" style names (inu, pepe, cat, moon…) but misses financial satire (jokes like "401k," "the floor," "bullish") — which likely explains the large unclear bucket, and means the true meme share is probably even higher than shown.

Class	Tokens	Market Cap	Liquidity (v4)	Liquidity (total)
Unclear	105	$204.7M	$9.1M	$24.9M
Infrastructure	4	$198.2M	$2.4M	$10.1M
Meme	70	$163.9M	$2.6M	$15.3M
Ambiguous	1	$12K	$10K	$10K

The infrastructure class's market cap ($198.2M) rests almost entirely on a single token — the stablecoin USDG (Global Dollar). Strip that out and there's barely any real money behind "infrastructure" hooks. Memes (70 tokens, $163.9M) are the largest cleanly-classified group, and they generate the most v4-specific liquidity relative to their count.

05 · Market cap and liquidity

Top projects by market cap

All 180 tokens with data, sorted by market cap. WETH is excluded from the "projects" ranking — it's the base quote currency, not a launch (its "market cap" is just an estimate of circulating ETH supply, not a project signal).

Ticker	Project	Class	Market Cap	Liq. v4	Liq. total
USDG	Global Dollar	Infra	$195,232,726	$2,036,307	$9,669,051
CASHCAT	Cash Cat	Meme	$159,971,873	$1,058,048	$13,619,537
SpaceX	SpaceX	Unclear	$39,657,445	$7,534,916	$7,534,916
Index	The Index	Infra	$2,387,722	$295,645	$326,106
HOODIE	HOODIE	Meme	$1,980,667	$510,479	$546,112
MLY	Mintly	Unclear	$1,281,970	$14,984	$147,939
BULLISH	A Bullish Token	Unclear	$1,159,385	$172	$36,694
BEGGAR	Beggar Robin Hood	Meme	$640,728	$153	$84,833
PLEB	PLEB INDEX	Infra	$607,970	$68,361	$68,361
401k	Retirement plan	Unclear	$277,353	$681	$62,215
TENOV	Vled Tenov	Unclear	$259,162	$2,889	$53,038
RHAGENT	RHAgent	Unclear	$256,885	$118,108	$118,329
cr33p	cr33per	Unclear	$119,105	$76,662	$77,162
ClawHood	ClawHood	Meme	$73,096	$50,670	$51,004
BURGERS	Burger Money	Unclear	$57,298	$41,850	$49,223
DROP	DROP	Unclear	$51,120	$10,207	$10,207
HOODZ	HOODZ	Meme	$51,023	$24,911	$27,175
TJF	TJ Partnership Fund	Unclear	$38,511	$15,296	$15,627
BID	The Floor	Unclear	$32,496	$16,642	$16,642
DIH	Deployer In Hood	Meme	$30,880	$29,039	$29,039
JACKET	Stealth Bumba	Unclear	$28,218	$30,274	$30,274
t3tris	t3tris	Unclear	$27,733	$24,288	$24,428
PEPE	Hood Pepe	Meme	$27,237	$26,973	$26,973
RAI	Robin AI	Unclear	$27,107	$23,717	$23,717
BOND	bond.credit	Unclear	$26,620	$24,787	$24,787

USDG + CASHCAT + SpaceX = 97% of counted market cap. Of $566.8M in total market cap (WETH included in this sum, excluded from the table), three tokens — the stablecoin USDG ($195.2M), the meme token CASHCAT ($160.0M), and a token ticked SpaceX ($39.7M) — together account for $394.9M. Real market cap excluding WETH: $406.9M; the top 3 make up 97% of it. Everything else is a long thin tail of dozens of tokens under $2M.

SpaceX needs verification. The ticker and name match a well-known brand, but affiliation of contract 0x077ce4f0…4047b07 with the actual SpaceX company was not confirmed as part of this research — on permissionless chains, tickers like this frequently turn out to be unaffiliated or impersonating tokens. Do not treat as official without separate verification.

06 · Liquidity: hooks vs. projects

V4 hooks hold only ~28% of these tokens' total liquidity

For the 180 tokens with data, compared liquidity specifically in their v4 hook pool against total liquidity across all Uniswap versions (v2+v3+v4) on Robinhood Chain.

$14.1M

liquidity in v4 hook pools

$50.3M

liquidity across all versions (v2+v3+v4)

28%

v4-hook share of total liquidity

Even for projects that did stand up a hook pool, the bulk of liquidity in most cases still sits in classic v2/v3 pools — the hook pool more often reads as a side experiment than the primary entry point. Expected for a 12-day-old network: liquidity migration to v4 typically lags behind listing migration.