EL1Read will put the HyperCore mid inside the swap. The hook stays the same: only the adapter's source changes.Read the log

Overview

Liquidisium is a Uniswap v4 hook for Elysium pools that prices every swap against the HyperCore book.

A long aqueduct in perspective, the blue channel coming toward the viewer

What it does

When HYPE moves on HyperCore, an Elysium pool keeps its old price until someone trades it back in line. In an ordinary pool that someone is a bot, and the LPs pay for the stale quote. In a Liquidisium pool the hook knows the HyperCore price, so the swap that closes the gap pays most of the gap as its fee. LPs keep it. Every other swap pays 0.05%.

Elysium HYPE trades at a moving discount to HyperCore (between −1.2% and −3.3% on 2026-11-11). A pool priced on the raw mid would charge every buyer that discount. So the reference is the HyperCore mid times the measured Elysium basis: the pool moves with the HyperCore book, and the hook charges only the part of a move Elysium has not followed yet.

The path of a swap

HyperCore
@107 mid moves
→
Keeper
posts mid, basis, time
→
Adapter
mid × basis = reference
→
Hook
gap, direction, fee
→
LPs
base + 80% of gap part

Pools open only through the hook's openPool, on markets the adapter covers: HYPE/USDC and HYPE/KNTQ today, both with native HYPE. A v4 hook is fixed when a pool is created, so existing Elysium pools are not affected; LPs move to Liquidisium pools by choice.

Status

The contracts are unaudited. The hook has no owner and no path to LP funds; every other parameter answers to a 48-hour timelock.