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.
1. Create
Section titled “1. Create”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.
2. Launch into locked liquidity
Section titled “2. Launch into locked liquidity”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 That position is transferred to a vault and locked forever — the liquidity can never be withdrawn or migrated.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.
3. Trade
Section titled “3. Trade”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.
4. Collect & split
Section titled “4. Collect & split”The vault periodically collects the accrued fees from the locked position. It then:
- Takes 30% for the protocol treasury.
- 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.
- Deposits that 70% into the fee router for the token’s recipients.
5. Route & claim
Section titled “5. Route & claim”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.
The shape of it
Section titled “The shape of it”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 ─▶ claimNext: the details of launch mechanics, the fee math, and the creator fee routing that makes Hoodl different.