Kyle is right, this coin is absolutely cooked.
$HOOKR has generated ~$2.3k of actual buybacks, while the token trades at an ~$18M valuation.
The mfing main $HOOKR/ETH pool is hookless. The millions trading through $HOOKR itself generate $0 for the flywheel. $5M can trade through the pool today, $50M tomorrow, none of that volume accrues back to the token. The actual flywheel has spent 0.955 ETH, ~$2.3k, buying 447k HOOKR across six transactions (. That's roughly 7,800x the cumulative buybacks at an ~$18M valuation.
(robinhoodchain.blockscout.co…)
It's basically a strip club doing millions in apparent turnover, except every stripper keeps 100% of what they make and gives the club nothing, then everyone values the club based on how much the strippers are making.
The actual amount that has flowed back into $HOOKR is around $2.3K ladies and gentlemen.
What’s the thesis on $HOOKR?
There’s no real value accrual, and I’m not seeing interesting launches on it yet.
I think people are hungry for DeFi projects to bid early now that they see NET and DELTA running, and they’ve landed on HOOKR.
I don’t see it yet.
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Ser you're not including all burn sources and total burn count and yes, HOOKR’s primary pool launched hookless. That was a deliberate distribution decision, not the limit of Hookr.
If you’ve built products before, you know distribution is everything. At the latest check, HOOKR was the first asset in pools.trade’s Top tokens shelf with 5,100+ holders. That visibility is priceless. Why wouldn’t builders want to launch or integrate a hook somewhere that gives them users, distribution and immediate feedback?
HOOKR also isn’t permanently hookless. Our next updated this week lets existing tokens create fresh custom-hook pools without altering their original pools. I’ll personally use liquidity from my dev buy to seed a hook-enabled HOOKR pool as the first live use-case example.
In regards to the burn, OpenZaps is only our first live integration, and fees from it have already sent over 2.6M HOOKR to 0xdEaD. Even if that pace stayed exactly the same, it annualizes to roughly 90M HOOKR—about 9% of the supply. That’s a run-rate illustration, not a prediction.
But we’re obviously not going to sit still. We already have two verified burn routes, and every successful hook block or integration can open another recurring fee stream and potential burner.
Our first five blocks—Anti-Snipe, Surge Fees, Auto Burn, LP Rewards and Nth-buy Pot—were deliberately basic primitives used to prove the concept. Timed Exit, Credential Gate, Revenue Router, LP Loyalty, Market Guard and Maturity Rewards are already in source/testing. We’re also working with builders on Arb Recapture, fee tokenization, permissioned ranged-liquidity accounts, new hook-driven markets and deliberately phased leverage.
The real bet is modular, composable infrastructure where builders create reusable blocks and integrators combine them behind one root hook. Each useful block can create another possible revenue and burn rail through module fees, royalties, LP flows or tokenized fees.
We’re all seeing how aggressive fee extraction plays out over time. You don’t onboard billions by taking a huge cut from the builders and integrators creating the value. Hookr wins through distribution, reuse and aligned participation.
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