Hook Protocol

Turn your idle NFTs into working positions in a few clicks. Connect your wallet, pick a collection and token, then choose a target price and expiration that fit your view. The interface previews an estimated premium and collateral requirements before you commit. Publish your covered call in one transaction: your NFT is held in escrow until expiry, while listing details are visible to buyers. If no one takes the offer, you can cancel before it fills. If it sells, you immediately receive the premium; at expiration, either keep your NFT and the income if the market stays below your chosen level, or deliver the asset and receive the strike if a buyer exercises.

Prefer to express a view without purchasing the full NFT? Browse the options board, filter by collection, maturity, or target price, and sort by expected return or risk metrics. Preview maximum loss (the premium) and potential upside before you buy. After purchase, monitor positions from a portfolio view with timers, alerts, and estimated breakevens. If the market moves in your favor, you can resell the option before expiration to lock in gains. If it finishes in the money, exercise in one flow to claim the NFT by paying the strike; if not, let it expire with no additional action.

Creators and DAOs can structure campaigns that align incentives without forcing immediate sales. Offer calls on treasury assets to fund roadmap milestones, give supporters defined upside, and route a share of premiums to community wallets. Use templates to standardize target prices and timelines across a collection, or run limited-time events around new drops to discover demand at multiple levels. Integrate allowlists for specific holders, bundle options with mint passes, and export reports that show realized income, exercise rates, and participant activity.

Developers and market makers can integrate through a clean SDK and straightforward APIs. Subscribe to events for listings, fills, and expirations; pull order books and historical data for modeling; and use reference pricing helpers to quote spreads across maturities. Build automation that rolls positions at expiration, batches listings across many tokens, and rebalances exposure using delta estimates. Test everything on a sandbox network with sample contracts and scripts. The protocol exposes clear settlement flows, royalty-aware routing, and role controls for multisigs—so you can ship products that are predictable, auditable, and easy to maintain.