General
This document is better viewed on the docs page. |
Ready-to-use hooks built on top of the base and fee abstract contracts
-
LiquidityPenaltyHook
: Hook resistant to just-in-time liquidity attacks -
AntiSandwichHook
: Hook resistant to sandwich attacks on swaps -
LimitOrderHook
: Hook to enable limit order placing on liquidity pools
Hooks
LiquidityPenaltyHook
import "uniswap-hooks/src/general/LiquidityPenaltyHook.sol";
Just-in-Time (JIT) liquidity provisioning resistant hook.
This hook disincentivizes JIT attacks by penalizing LP fee collection during _afterRemoveLiquidity
,
and disabling it during _afterAddLiquidity
if liquidity was recently added to the position.
The penalty is donated to the pool’s liquidity providers in range at the time of removal.
See _calculateLiquidityPenalty
for penalty calculation.
If a long term liquidity provider adds liquidity continuously, a pause of blockNumberOffset
before removing will be needed if feesAccrued collection is intended, in order to avoid getting
penalized by the JIT protection mechanism.
|
Altrough this hook achieves it’s objective of protecting long term LP’s in most scenarios,
low liquidity pools and long-tail assets may still be vulnerable depending on the configured blockNumberOffset .
Larger values of such are recommended in those cases in order to decrease the profitability of the attack.
|
This is experimental software and is provided on an "as is" and "as available" basis. We do not give any warranties and will not be liable for any losses incurred through any use of this code base. |
Available since v0.1.1
constructor(contract IPoolManager poolManager_, uint48 blockNumberOffset_)
public
Sets the PoolManager
address and the getBlockNumberOffset
.
_afterAddLiquidity(address sender, struct PoolKey key, struct ModifyLiquidityParams params, BalanceDelta, BalanceDelta feeDelta, bytes) → bytes4, BalanceDelta
internal
Tracks lastAddedLiquidityBlock
and withholds feeDelta
if liquidity was added within the blockNumberOffset
period.
See _afterRemoveLiquidity
for claiming the withheld fees back.
_afterRemoveLiquidity(address sender, struct PoolKey key, struct ModifyLiquidityParams params, BalanceDelta, BalanceDelta feeDelta, bytes) → bytes4, BalanceDelta
internal
Penalizes the collection of LP feesDelta
and withheldFees
after liquidity removal if liquidity was
recently added to the position.
The penalty is applied on both withheldFees and feeDelta equally.
Therefore, regardless of how many times liquidity was added to the position within the blockNumberOffset period,
all accrued fees are penalized as if the liquidity was added only once during that period. This ensures that splitting
liquidity additions within the blockNumberOffset period does not reduce or increase the penalty.
|
The penalty is donated to the pool’s liquidity providers in range at the time of liquidity removal, which may be different from the liquidity providers in range at the time of liquidity addition. |
_updateLastAddedLiquidityBlock(PoolId poolId, bytes32 positionKey)
internal
Updates the lastAddedLiquidityBlock
for a liquidity position.
_takeFeesToHook(struct PoolKey key, bytes32 positionKey, BalanceDelta feeDelta)
internal
Takes feeDelta
from a liquidity position as withheldFees
into this hook.
_settleFeesFromHook(struct PoolKey key, bytes32 positionKey) → BalanceDelta withheldFees
internal
Returns withheldFees
from this hook to the liquidity provider.
_calculateLiquidityPenalty(BalanceDelta feeDelta, uint48 lastAddedLiquidityBlock) → BalanceDelta liquidityPenalty
internal
Calculates the penalty to be applied to JIT liquidity provisioning.
The penalty is calculated as a linear function of the block number difference between the lastAddedLiquidityBlock
and the currentBlockNumber
.
The formula is: liquidityPenalty = feeDelta * ( 1 - (currentBlockNumber - lastAddedLiquidityBlock) / blockNumberOffset)
The penalty is 100% at the block where liquidity was last added and 0% after the blockNumberOffset
block.
Won’t overflow if currentBlockNumber - lastAddedLiquidityBlock < blockNumberOffset is verified prior to calling this function.
|
getBlockNumberOffset() → uint48
public
The minimum time window (in blocks) that must pass after adding liquidity before it can be removed without penalty. During this period, JIT attacks are deterred through fee withholding and penalties. Higher values provide stronger JIT protection but may discourage legitimate LPs.
getLastAddedLiquidityBlock(PoolId poolId, bytes32 positionKey) → uint48
public
Tracks the withheldFees
for a liquidity position.
withheldFees
are UniswapV4’s feesAccrued
retained by this hook during liquidity addition if liquidity
has been added within the blockNumberOffset
time window. This is intended to disable fee collection during
JIT liquidity provisioning attacks. See _afterRemoveLiquidity
for claiming the fees back.
getWithheldFees(PoolId poolId, bytes32 positionKey) → BalanceDelta
public
Returns the withheldFees
for a liquidity position.
getHookPermissions() → struct Hooks.Permissions permissions
public
Set the hooks permissions, specifically afterAddLiquidity
, afterAddLiquidityReturnDelta
, afterRemoveLiquidity
and afterRemoveLiquidityReturnDelta
.
AntiSandwichHook
import "uniswap-hooks/src/general/AntiSandwichHook.sol";
This hook implements the sandwich-resistant AMM design introduced here. Specifically, this hook guarantees that no swaps get filled at a price better than the price at the beginning of the slot window (i.e. one block).
Within a slot window, swaps impact the pool asymmetrically for buys and sells. When a buy order is executed, the offer on the pool increases in accordance with the xy=k curve. However, the bid price remains constant, instead increasing the amount of liquidity on the bid. Subsequent sells eat into this liquidity, while decreasing the offer price according to xy=k.
In order to use this hook, the inheriting contract must implement the _handleCollectedFees
function
to determine how to handle the collected fees from the anti-sandwich mechanism.
The Anti-sandwich mechanism only protects swaps in the zeroForOne swap direction. Swaps in the !zeroForOne direction are not protected by this hook design. |
Since this hook makes MEV not profitable, there’s not as much arbitrage in the pool, making prices at beginning of the block not necessarily close to market price. |
This is experimental software and is provided on an "as is" and "as available" basis. We do not give any warranties and will not be liable for any losses incurred through any use of this code base. |
Available since v1.1.0
_beforeSwap(address sender, struct PoolKey key, struct SwapParams params, bytes hookData) → bytes4, BeforeSwapDelta, uint24
internal
Handles the before swap hook.
For the first swap in a block, it saves the current pool state as a checkpoint.
For subsequent swaps in the same block, it calculates a target output based on the beginning-of-block state,
and sets the inherited _targetOutput
and _applyTargetOutput
variables to enforce price limits in _afterSwap
.
_afterSwap(address sender, struct PoolKey key, struct SwapParams params, BalanceDelta delta, bytes hookData) → bytes4, int128
internal
Handles the after swap hook.
Caps the obtained output from the swap to the target output determined during the _beforeSwap
hook.
Handles the excess output afterwards via _afterSwapHandler
.
_getTargetOutput(address, struct PoolKey key, struct SwapParams params, bytes) → uint256 targetOutput, bool applyTargetOutput
internal
Calculates the output amount based on the pool state at the beginning of the block. This prevents sandwich attacks by ensuring trades can’t get better prices than what was available at the start of the block. Note that the calculated output could either be input or output, depending if it’s an exactInput or outputOutput swap. In cases of zeroForOne == true, the target output is not applicable, and the max uint256 value is returned as a flag only.
The anti-sandwich mechanism works such as:
-
For currency0 to currency1 swaps (zeroForOne = true): The pool behaves normally with xy=k curve.
-
For currency1 to currency0 swaps (zeroForOne = false): The price is fixed at the beginning-of-block price, which prevents attackers from manipulating the price within a block.
_afterSwapHandler(struct PoolKey key, struct SwapParams params, BalanceDelta, uint256, uint256 feeAmount)
internal
Handles the excess tokens collected during the swap due to the anti-sandwich mechanism. When a swap executes at a worse price than what’s currently available in the pool (due to enforcing the beginning-of-block price).
_handleCollectedFees(struct PoolKey key, Currency currency, uint256 feeAmount)
internal
Handles the fees collected via the anti-sandwich protection in _afterSwap
.
Must be implemented by the inheriting contract. |
LimitOrderHook
import "uniswap-hooks/src/general/LimitOrderHook.sol";
This hook implements a mechanism to place limit orders on a liquidity pool. Specifically, it allows users to place limit orders at a specific tick, which will be filled if the price of the pool crosses the tick.
The hook implements the placing of orders by adding liquidity to the pool in a tick range out of range of the current price. Note that, given the way v4 pools work, if one adds liquidity out of range, the liquidity added will be in a single currency, instead of both, as in an in-range addition.
Users can cancel their limit orders at any time until it is filled and liquidity is removed from the pool. Users can also withdraw their liquidity after the limit order is filled.
when cancelling or placing an order into an existing one, it’s possible that fees were accrued in the past. In those cases, the accrued fees are added to the order info, benefitting the remaining limit order placers. |
This is experimental software and is provided on an "as is" and "as available" basis. We do not give any warranties and will not be liable for any losses incurred through any use of this code base. |
Available since v1.1.0
_afterInitialize(address, struct PoolKey key, uint160, int24 tick) → bytes4
internal
Hooks into the afterInitialize
hook to set the last tick lower for the pool.
_afterSwap(address, struct PoolKey key, struct SwapParams params, BalanceDelta, bytes) → bytes4, int128
internal
Hooks into the afterSwap
hook to get the ticks crossed by the swap and fill the orders that are crossed, filling them.
placeOrder(struct PoolKey key, int24 tick, bool zeroForOne, uint128 liquidity)
external
Places a limit order by adding liquidity out of range at a specific tick. The order will be filled when the
pool price crosses the specified tick
. Takes a PoolKey
key
, target tick
, direction zeroForOne
indicating
whether to buy currency0 or currency1, and amount of liquidity
to place. The interaction with the poolManager
is done
via the unlock
function, which will trigger the
function.unlockCallback
cancelOrder(struct PoolKey key, int24 tickLower, bool zeroForOne, address to)
external
Cancels a limit order by removing liquidity from the pool. Takes a PoolKey
key
, tickLower
of the order,
direction zeroForOne
indicating whether it was buying currency0 or currency1, and recipient address to
for the
removed liquidity. Note that partial cancellation is not supported - the entire liquidity added by the msg.sender will be removed.
Note also that cancelling an order will cancel the order placed by the msg.sender, not orders placed by other users in the same tick range.
The interaction with the poolManager
is done via the unlock
function, which will trigger the
function.unlockCallback
withdraw(OrderIdLibrary.OrderId orderId, address to) → uint256 amount0, uint256 amount1
external
Withdraws liquidity from a filled order, sending it to address to
. Takes an OrderId
orderId
of the filled
order to withdraw from. Returns the withdrawn amounts as (amount0, amount1)
. Can only be called after the order is
filled - use cancelOrder
to remove liquidity from unfilled orders. The interaction with the poolManager
is done via the
unlock
function, which will trigger the
function.unlockCallback
unlockCallback(bytes rawData) → bytes returnData
external
Handles callbacks from the PoolManager
for order operations. Takes encoded rawData
containing the callback type
and operation-specific data. Returns encoded data containing fees accrued for cancel operations, or empty bytes
otherwise. Only callable by the PoolManager.
_handlePlaceCallback(struct LimitOrderHook.CallbackDataPlace placeData) → uint256 amount0Fee, uint256 amount1Fee
internal
Internal handler for place order callbacks. Takes placeData
containing the order details and adds the
specified liquidity to the pool out of range. Reverts if the order would be placed in range or on the wrong
side of the range.
_handleCancelCallback(struct LimitOrderHook.CallbackDataCancel cancelData) → uint256 amount0Fee, uint256 amount1Fee
internal
Internal handler for cancel order callbacks. Takes cancelData
containing the cancellation details and
removes liquidity from the pool. Returns accrued fees (amount0Fee, amount1Fee)
which are allocated to remaining
limit order placers, or to the cancelling user if they’re removing all liquidity.
_handleWithdrawCallback(struct LimitOrderHook.CallbackDataWithdraw withdrawData)
internal
Internal handler for withdraw callbacks. Takes withdrawData
containing withdrawal amounts and recipient,
burns the specified currency amounts from the hook, and transfers them to the recipient address.
_fillOrder(struct PoolKey key, int24 tickLower, bool zeroForOne)
internal
Internal handler for filling limit orders when price crosses a tick. Takes a PoolKey
key
, target tickLower
,
and direction zeroForOne
. Removes liquidity from filled orders, mints the received currencies to the hook, and
updates order state to track filled amounts.
_getCrossedTicks(PoolId poolId, int24 tickSpacing) → int24 tickLower, int24 lower, int24 upper
internal
Internal helper that calculates the range of ticks crossed during a price change. Takes a PoolId
poolId
and tickSpacing
, returns the current tickLower
and the range of ticks crossed (lower
, upper
) that need
to be checked for limit orders.
getTickLowerLast(PoolId poolId) → int24
public
Returns the last recorded lower tick for a given pool. Takes a PoolId
poolId
and returns the
stored tickLowerLast
value.
getOrderId(struct PoolKey key, int24 tickLower, bool zeroForOne) → OrderIdLibrary.OrderId
public
Retrieves the order id for a given pool position. Takes a PoolKey
key
, target tickLower
, and direction
zeroForOne
indicating whether it’s buying currency0 or currency1. Returns the {OrderId} associated with this
position, or the default order id if no order exists.
getOrderLiquidity(OrderIdLibrary.OrderId orderId, address owner) → uint256
external
Get the liquidity of an order for a given order id and owner. Takes an {OrderId} orderId
and owner
address
and returns the amount of liquidity the owner has contributed to the order.
getHookPermissions() → struct Hooks.Permissions permissions
public
Get the hook permissions for this contract. Returns a Hooks.Permissions
struct configured to enable
afterInitialize
and afterSwap
hooks while disabling all other hooks.
orderInfos() → mapping(OrderIdLibrary.OrderId => struct LimitOrderHook.OrderInfo)
public
Tracks the order info for each order id.
Place(address indexed owner, OrderIdLibrary.OrderId indexed orderId, struct PoolKey key, int24 tickLower, bool zeroForOne, uint128 liquidity)
event
Emitted when an owner
places a limit order with the given orderId
, in the pool identified by key
,
at the given tickLower
, zeroForOne
indicating the direction of the order, and liquidity
the amount of liquidity
added.
Fill(OrderIdLibrary.OrderId indexed orderId, struct PoolKey key, int24 tickLower, bool zeroForOne)
event
Emitted when a limit order with the given orderId
is filled in the pool identified by key
,
at the given tickLower
, zeroForOne
indicating the direction of the order.
Cancel(address indexed owner, OrderIdLibrary.OrderId indexed orderId, struct PoolKey key, int24 tickLower, bool zeroForOne, uint128 liquidity)
event
Emitted when an owner
cancels a limit order with the given orderId
, in the pool identified by key
,
at the given tickLower
, zeroForOne
indicating the direction of the order, and liquidity
the amount of liquidity
removed.