He Turned Uniswap into a private print Let me explain: A dev created a ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241/$USDG pool with $30,000 in liquidity. Using a Uniswap hook, he completely blocked anyone else from adding LP. Then, he launched a bot to wash trade the pool. Whenever his own bot makes a swap... and pays $1,000 in pool fees, that entire $1,000 goes right back into his LP position. Driving volume inside his own pool is literally just moving money from his left pocket to his right pocket. Meanwhile, the pool APR sits at 700%, but you can’t deposit your funds to earn it. The dev does this to attract users who actually buy and sell ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 through the pool. Real traders pay real swap fees. And the dev collects 100% of that real money because there are no competing LPs. OR Using the hook, the dev can force third-party trades through tight spreads and maximum slippage alongside his bot. External users end up losing a ton on fees and bad execution rates, while the dev pockets the difference. Easy on-chain proof right here. Under the Transactions tab, there's a literal 'Set Whitelist' call executed directly on the hook address 0x1191Ac2561817686EFE4296B37BA5a5419Eaa880 Pool address: 0x374531f25cfb1b92f6d03b946598d53dd934fba6e138bcece153a52113aa73a5 Hook address: 0x1191Ac2561817686EFE4296B37BA5a5419Eaa880show more

last theory: he's money laundering

i doubt 99% of CT understood a word you just wrote. on a different note, this dude actually knows what he is doing. pure onchain madness.

Why can’t someone else just make a different pool tho?

I wanna be the only liquidity on btc

But if this is not the main pool what is the damage of this to traders ?

Probably one of the biggest scam in crypto history

🚨 THIS IS WHY YOU SHOULD BE CAREFUL WITH “HIGH APR” CRYPTO POOLS. Most people see: 700% APR. Huge volume. Lots of trades. …and assume they found an opportunity. But what if the person who created the pool controls the entire game? According to the analysis shown here, the setup uses a Uniswap V4 hook that can: • Make the developer the ONLY liquidity provider • Block everyone else from adding liquidity • Use wash trading to make volume look real • Capture the trading fees • Control the liquidity and therefore influence execution Here’s the part most traders miss 👇 That “700% APR” can look incredible… BUT if ordinary users cannot actually provide liquidity, they cannot earn that APR. The developer collects the fees while traders are effectively trading against a pool controlled by one party. And artificial trading volume can make the token look much healthier than it really is. ⚠️ THIS DOESN’T NECESSARILY MEAN “CLASSIC PONZI.” A traditional Ponzi pays old investors with money from new investors. This is different. It is closer to a potentially predatory, privately controlled AMM setup where the creator can extract fees while controlling the liquidity. For the average trader, the result can still be extremely dangerous. Think about it: ❌ You cannot add LP ❌ You cannot participate in the advertised APR ❌ Volume may be artificially inflated ❌ Liquidity is controlled by one party ❌ Execution/slippage can potentially be manipulated ❌ The token can become extremely risky if liquidity is small 🚨 THE BIGGEST RED FLAG: If you see something like “Set Whitelist” inside the hook/contract logic, ASK YOURSELF: “Who is actually allowed to provide liquidity?” Because a pool that looks decentralized on the surface may not be decentralized in practice. DON’T FOMO INTO APR. DON’T TRUST VOLUME BLINDLY. DON’T ASSUME A BIG NUMBER = REAL YIELD. Always check: 🔎 Who controls the LP? 🔎 Can anyone add liquidity? 🔎 Where do the swap fees go? 🔎 Is the volume organic? 🔎 Can the creator change important parameters? 🔎 What exactly does the contract/hook allow? 💀 In crypto, the most dangerous traps can look the most profitable. DYOR. Verify the contract. Protect your capital. #Crypto #DeFi #CryptoScam #ScamAlert #CryptoSecurity #DeFiSecurity #Uniswap #UniswapV4 #Ethereum #Web3 #Memecoin #Altcoins #CryptoTrading #DEX #Liquidity #LiquidityPool #APR #YieldFarming #OnChain #SmartContracts #Blockchain #CryptoTwitter #CT #DYOR

Can't other people create same token pair LPs to compete with him?

Ggs

Blocking others from adding liquidity only gives you exclusive ownership of that specific pool - it doesn’t give you exclusive order flow for the pair. Other pools can still exist, and routers/aggregators will route organic trades wherever execution is best. So the private pool still has to compete for real volume and fees. You can force your own wash trades through it, sure - but then you’re mostly just paying fees from one pocket and collecting them in the other.

This is a washing machine

Wash trading this pool is not free. You still pay gas and any Uniswap protocol fee on every swap. Those costs come out of pocket even if the LP fee recycles back to you. There is no free lunch.

tax farm season is backkkkkk

Only the creator controls the liquidity here, nobody else can participate

That was a very smart move on his part considering the commission rates, the profits are gut

Big brained chad.

So he made an onchain darkpool in the light of day... Scammy and brilliant at the same time.

@dkni8mare That doesn’t explain why router would go through this pool

Gas isn't free. He's TRYING to do what you claim, and if he can, great. He launched a vamp coin, and people traded it. But there's a good chance he'll lose money.

I think different pool with different fees possible.

it's a rlly smart move :0

And theyre definitely not just actively rebalancing their liquidity provision with a bot to make sure their bins are where the price is?...

honestly genius tier work

But from where free comes from ??

Ok, this guy is good.

Awesome post and thank you for the reference addresses

That’s smart

.... So the lesson is to read the quoted price before executing a swap?

Pretty smart though

Awesome hussle

bro he practice market maker skill

thats a casino with one house seat

@ProMint_X ,how much he made so far and when he started at what MC?