A second hook wraps USDL into a non-rebasing token behind the scenes so it can interact with Uniswap’s accounting model. Thus, Paxos meets its regulatory constraints without compromising composability.
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Predicate, Paxos, and the policy layer
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Predicate hooks enable the USDL liquidity pool on Uniswap to enforce Paxos’s custom compliance policy via front-end IP gating or on-chain attestations, while a second hook automatically wraps USDL into a non-rebasing token so it remains compatible with Uniswap’s accounting model and broader DeFi composability.
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