Likely launchpad hook on Arc
Uniswap v4 Hook Contract 0x488afbcc5f01137579b3c72e89393f412bab6ecc on Arc · Launchpad
- Volume (24h)
- $2.39
- Value locked (TVL)
- $98
- All-time volume
- $2.39
- Pools using this hook
- 1
- Swaps (24h)
- 2 (1 traders)
- Total swaps
- 2
What it does
A Uniswap v4 hook that appears to run a token launch or sale mechanism, tracking liquidity and swaps and taking currency via return deltas, based on decoded bytecode without verified source.
This read was written for the hook 0x67de…aecc on Arc and reused here: the two share a code shape, so constants such as fees, owners and addresses can differ.
How it works step by step
- Initialises pool state in beforeInitialize
- Tracks liquidity adds and per-position values in afterAddLiquidity via storage writes
- Gates liquidity removal in beforeRemoveLiquidity
- Runs custom logic in beforeSwap and afterSwap and records swap amounts
- Uses beforeSwapReturnDelta and afterSwapReturnDelta to take or supply currency
- Swap behaviour
- beforeSwap and afterSwap run custom logic and return deltas, so the hook can alter swap amounts and take or supply currency during swaps.
- Liquidity behaviour
- beforeAddLiquidity and beforeRemoveLiquidity are gated and afterAddLiquidity writes per-position accounting in storage; the hook appears to track liquidity additions for a launch or sale flow, but the exact logic cannot be confirmed from bytecode.
- Fee behaviour
- Exposes a FEE_PPM() getter and uses return deltas on swaps, so fees appear to be taken by the hook rather than only the pool's static fee; exact fee mechanics cannot be confirmed without source.
- Owner & admin controls
- No admin controls found.
Enabled Uniswap v4 callbacks
beforeInitialize, beforeAddLiquidity, afterAddLiquidity, beforeRemoveLiquidity, beforeSwap, afterSwap, beforeSwapReturnDelta, afterSwapReturnDelta
beforeInitialize sets up pool state; beforeAddLiquidity and afterAddLiquidity track liquidity provision; beforeRemoveLiquidity gates withdrawals; beforeSwap and afterSwap run custom swap logic and track swap amounts; beforeSwapReturnDelta and afterSwapReturnDelta let the hook take or supply currency on swaps.
Security & trust assessment
Risk level: medium, estimated (decoded bytecode, low confidence).
Who controls it: Cannot be fully determined without source; the decoded selectors show no obvious owner or pause function, but a privileged role may exist in code not recognised by the decoder.
Risk to user funds: The hook can move currency through take and transfer calls and alter swap deltas, so user and pool funds pass through hook logic; gating on liquidity removal could also delay withdrawals.
Security findings
- [medium] Hook can take currency via return deltas: The hook enables beforeSwapReturnDelta and afterSwapReturnDelta and the bytecode uses the transfer and take selectors, so the hook can move currency and alter swap amounts.
- [medium] Liquidity removal is gated by the hook: beforeAddLiquidity and beforeRemoveLiquidity are both callable and gate liquidity changes; a bug or unexpected condition in these checks could block LPs from withdrawing.
- [info] No admin selectors identified: No owner, pause or upgrade selectors were decoded, which is a neutral observation and does not prove the absence of privileged controls.
Contract details
- Verified source
- No
- Bytecode size
- 10,513 bytes
- Upgradeable proxy
- No
- Detected patterns
- erc20, moves-currency, return-delta
Pools using Likely launchpad hook
- PTEST2 / USDC (0.00% fee) — 24h volume $2.39, TVL $98, 2 swaps today