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what the hook? (WTH): what it is, and is it safe?

Robinhood Chain memecoin · 0xb8fa…239eff79 · Last checked

B NOWB+ LAUNCHClean setup

What is WTH?

What the hook? (WTH) is the token of a Uniswap v4 swap-rebate hook on Robinhood Chain. When a swap leaves prices out of line between connected pools, outside bots usually take that arbitrage profit; this hook captures it inside the swap and hands it back to traders and liquidity providers instead.

The token was created in early August 2026 and trades across many Uniswap pools on the chain, mainly against WETH and USDG. DefiLlama lists it as a liquidity-automation protocol. A second version of the hook went live in October and runs beside the first. Pashov Audit Group reviewed the v2 contract in early October 2026 and reported only informational findings; the review did not cover the first hook or the closed-source executor. HOOKR, SHROOM and DELTA are named as integrators. No team members are named.

The project's site says its treasury keeps a share of captured profit on its own pools and on integrating pools, while DefiLlama's methodology records no protocol revenue, so the two accounts differ. The project is on X as @whatthehookv4 and has a Telegram group. The checks below show who controls the contract, who holds the supply and how the liquidity is held.

Updated 29 Oct 2026 · Sources: DefiLlama: What the Hook, Staking Rewards: What the Hook, Oracle Owl's own on-chain checks

+3 more sources ▾

The Owl's verdict: Tradable with care

From the Owl's checks on contract, liquidity, holders, team and launch

Tradable with care - serial launcher: 55 earlier launches; 20 of the latest 20 are dead. Worth watching: one wallet holds 16%. The launch came with some baggage - the X account was made 13 hours before launch and the dev bought 5.7% at launch.

Why this looks good

checked facts · not a price call
  • Dev added 5.66% of supply to the liquidity pool in the first hour, sold none
  • Dev holds none of the supply
  • No mint function
  • No dangerous owner powers
  • Verified, non-upgradeable contract
  • Sell route works

The one thing to know: Serial launcher: 55 earlier launches; 20 of the latest 20 are dead

WTH at a glance

Can you sell?
Yes · no tax
Dev powers
None found
Liquidity
$1.4M · 54% locked
Selling $1,000
moves the price ~0.3%
Who holds it
top 10 hold 29.6% · dev 0.0% · launch buyers ~0%
The dev's record
Serial launcher: 55 earlier launches; 20 of the latest 20 are dead
Bought before the public
Nobody
The dev's own bag
Bought 5.7% at launch · added 100% of its bag to the pool as liquidity in the first hour
Snipers in the first seconds
1.7% of supply by 1 wallet

The full report

Every check with its evidence: who bought before the public, the deployer's earlier coins, linked wallets among the top holders, and where the liquidity sits.

Open the full report

WTH: common questions

Is WTH safe?
No memecoin is safe. On our checks today WTH has a clean setup. Our verdict today: Tradable with care. Main risk: Serial launcher: 55 earlier launches; 20 of the latest 20 are dead.
Can you sell WTH?
Yes · no tax, from our sell check at the last scan.
Is WTH's liquidity locked?
$1.4M · 54% locked.
Who holds WTH?
Top 10 hold 29.6% · dev 0.0% · launch buyers ~0%.
Who launched WTH?
Serial launcher: 55 earlier launches; 20 of the latest 20 are dead.
What is WTH's contract address?
0xb8fa8010833463aac5595b55b9045479239eff79

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what the hook? (WTH): automated on-chain checks, the same for everyone. Not financial advice. A snapshot at the time of the check: refresh before you buy.