Hook Protocol

Start by treating your favorite collection like a market you can program. Connect your wallet, pick an NFT or a whole collection, and choose the right-to-buy terms that fit your plan: target price, expiration, and size. Confirm the quote, pay the premium, and you now hold the right to acquire the asset at your chosen price before time runs out. Use built-in pricing tools to compare break-even points, view implied volatility, and set alerts for floor moves. If the market rallies, exercise from your portfolio in one click or sell the position to lock gains. If it stalls, let it lapse and your loss is capped at the premium you paid. Every step is on-chain, with clear statuses for open, exercised, and expired positions.

Holding rare pieces and want steady income? List covered calls on assets you already own. Choose how aggressive you want to be with strike and expiry, preview expected yield versus assignment risk, and publish the terms to the marketplace. Your item moves into secure escrow when the option sells, you receive the premium instantly, and assignment only happens if the buyer exercises. Manage risk with guardrails: minimum acceptable strike, auto-roll at expiry, and assignment notifications. Close or roll positions early if the market shifts, and export your activity for accounting. Portfolio views summarize earned premiums, unrealized PnL, and assignment history so you can run a systematic strategy instead of guessing. more