Short answer is no—it’s always concentrated-liquidity CPMM-with-ticks under the hood—but there are a few affordances you can make use of to adjust the price or liquidity dynamically:

* The hook can adjust the fees paid by swappers, which gives you some ability to change the price (though it can’t make the fee negative)
* The hook can trade on the pool ahead of the swapper
* The hook can deposit or withdraw liquidity before or after the swapper