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How Hoodl works

Hoodl has four moving parts: a launch, a locked Uniswap V3 pool, a 1% fee that accrues on every trade, and a fee router that splits and pays out that fee. Here’s the whole lifecycle.

You fill in a token (name, symbol, image), pick a quote asset (ETH or USDG), and choose up to two fee recipients — each an X handle or a wallet, with a percentage. You can optionally make a dev-buy (buy the first bit of supply in the same transaction). One transaction does everything below.

Hoodl mints the token with a fixed 1,000,000,000 (1B) supply and seeds essentially all of it into a single-sided Uniswap V3 position at the 1% fee tier. That position is transferred to a vault and locked forever — the liquidity can never be withdrawn or migrated. The range is seeded to mimic a rising curve, so early buyers move up a price range as they buy.

Anyone can buy or sell the token on Uniswap V3 (through Hoodl’s swap surface, a router, or any aggregator). Because the fee lives in the pool, not the token, there are no token taxes — transfers are normal ERC-20 transfers and aggregator routing is never broken. Every swap pays the standard Uniswap V3 1% fee, which accrues to Hoodl’s locked position.

The vault periodically collects the accrued fees from the locked position. It then:

  1. Takes 30% for the protocol treasury.
  2. Swaps the memecoin side of the remaining 70% into the quote asset (ETH or USDG), so recipients are paid in something liquid. The swap is bounded by a price oracle to protect against bad execution.
  3. Deposits that 70% into the fee router for the token’s recipients.

The 70% pool is split across your up to two recipients by the basis points you set at launch:

  • A wallet recipient can withdraw their accrued balance any time.
  • An X-handle recipient that hasn’t linked a wallet yet has their share held in escrow. When they sign in with X and link a wallet, they can claim everything that accrued in their name. See Claiming fees.
create ─▶ 1B token minted ─▶ locked single-sided Uniswap V3 position (1% tier)
│ (liquidity locked forever)
trade ─▶ 1% fee accrues ─▶ collect ─▶ 30% ─▶ treasury
└▶ 70% ─▶ swap to quote ─▶ fee router
wallet recipient ─▶ withdraw
X handle ─▶ escrow ─▶ link wallet ─▶ claim

Next: the details of launch mechanics, the fee math, and the creator fee routing that makes Hoodl different.