liquidity providers

liquidity providers · overview

if you provide liquidity to a uniswap v4 pool that has the lode hook attached, you receive the standard fee tier plus the lp share of captured premium — automatically, with zero workflow change. for the first time since concentrated liquidity shipped, you are no longer the exit liquidity for top-of-block arbitrage.

what changes for an lp

• nothing about your position management changes. same uniswap front-end. same nft. same range strategies. same wallet.
• your fees go up — meaningfully. on top of standard v4 fees, the lp beneficiary contract pays you the lp share of every premium captured by the pool, pro-rata to your in-range liquidity. on a typical eth pair, that translates to roughly +2 to +5 percentage points of incremental apr over vanilla v4, recurring, with no new risk taken.
• your variance is unchanged. premium is a one-way positive cashflow. it never costs you. it never goes negative. it doesn't change your impermanent-loss profile by a basis point.
• the structural lvr drag is reversed. 6–11% apr that used to leak to mev searchers now flows the other direction — into your distributor.

which pools are lode-enabled

see the live list at /pools. the flagship weth/usdc pool is first out of the gate; additional pairs roll out continuously per the roadmap. as new builders deploy, more pools light up — and your default uniswap routing already reaches them.