StablePair Hook becomes Uniswap’s top LP by volume in 5 days

Uniswap’s v4-based custom hook feature, StablePair Hook, has become the network’s No. 1 liquidity pool by trading volume five days after launch, Crypto Briefing reported. The hook was designed to maximize the share of revenue earned by liquidity providers in swaps between stablecoin pairs such as USDC/USDT and USDC/USDG, which account for the largest share of on-chain trading. StablePair Hook debuted with USDC/USDT and USDC/USDG pools, and the USDC/USDT pool quickly surged to become the top Ethereum liquidity pool by volume after launch.