HOOK Finance

HOOK Finance is a DeFi project that aims to revolutionize the options trading landscape by deploying on Uniswap V4. The project is built on the Ethereum blockchain and utilizes smart contracts that interface directly with Uniswap V4's core contracts to create a perps market.

HOOK Finance's protocol is permissionless, oracle-free, and perpetual, allowing users to trade options on any ERC20 token pair that exists on Uniswap V4.The project eliminates counterparties, such as market makers, from pricing options and replaces pricing with a spot-market based streamia which converges to Black-Scholes pricing.

HOOK Finance's deployment on Uniswap V4 enables users to access new and improved features when options trading, including high liquidity and volume in Uniswap pools, which benefit HOOK Finance by ensuring steady and predictable returns for options sellers, more stable perps pricing, and lower risks of liquidation or forced exercise.

Perpetuals on Uniswap V4 use a Virtual Automated Market Maker (vAMM) that uses the same x*y=k constant product formula as Uniswap. The vAMM ensures that there is always a buyer or seller for any asset traded on the platform, and it provides guaranteed liquidity. Perpetuals on Uniswap V4 are traded on the Ethereum blockchain and require Ethereum and stablecoins such as USDC to post collateral for leverage trades.