EthereumDEX / AMMtrending_downOUTLOOK: DECLINING
Uniswap V4
Core is solid; risk concentrates in hook composition. Every new hook extends the attack surface; integrators should evaluate each hook independently.
TVL
$4.8B
30-day Δ
-12
Last scored
2026-04-19
BlackHart Risk Index
733
B-
Scale: 300 — 1000
01 //Category Breakdown
What drives this score.
The score aggregates six independent assessments of the deployed code. Each category below carries a rationale derived from the current state of the protocol.
Access Control
65 / 100Core is guarded; hook authors carry the risk
Economic Integrity
66 / 100Hook lifecycle state machine highly complex
External Dependencies
82 / 100No direct oracle reads in core; pool state only
Upgradeability & Governance
80 / 100Timelocked core; hooks unowned
Composition Exposure
38 / 100Unbounded hook composition; every hook is new surface
Systemic Impact
52 / 100Top AMM; dependency of almost every DeFi integrator
02 //Peer Comparison
Other dex / amm protocols.
Comparable protocols in the same category, ranked by BRI.
| Protocol | TVL | Grade | BRI | vs. Uniswap V4 |
|---|---|---|---|---|
| Curve V2 Ethereum | $2.2B | B | 754 | +21 |
03 //Transparency