diff --git a/src/EVault/Dispatch.sol b/src/EVault/Dispatch.sol
index db778c9d..8753efc4 100644
--- a/src/EVault/Dispatch.sol
+++ b/src/EVault/Dispatch.sol
@@ -112,13 +112,15 @@ abstract contract Dispatch is
     function delegateToModuleView(address module) private view {
         assembly {
             // Construct optimized custom call data for `this.viewDelegate()`
-            // [selector 4B][module address 32B][calldata with stripped proxy metadata]
+            // [selector 4B][module address 32B][calldata with stripped proxy metadata][caller address 32B]
             // Proxy metadata will be appended back by the proxy on staticcall
             mstore(0, 0x1fe8b95300000000000000000000000000000000000000000000000000000000)
             mstore(4, module)
-            calldatacopy(36, 0, calldatasize())
-            // insize: calldatasize + 36 (signature and address) - proxy metadata size
-            let result := staticcall(gas(), address(), 0, sub(add(calldatasize(), 36), PROXY_METADATA_LENGTH), 0, 0)
+            let strippedCalldataSize := sub(calldatasize(), PROXY_METADATA_LENGTH)
+            calldatacopy(36, 0, strippedCalldataSize)
+            mstore(add(36, strippedCalldataSize), caller())
+            // insize: stripped calldatasize + 36 (signature and module address) + 32 (caller address)
+            let result := staticcall(gas(), address(), 0, add(strippedCalldataSize, 68), 0, 0)
             returndatacopy(0, 0, returndatasize())
             switch result
             case 0 { revert(0, returndatasize()) }
diff --git a/src/EVault/shared/Base.sol b/src/EVault/shared/Base.sol
index 2856b34b..1ce9f4d0 100644
--- a/src/EVault/shared/Base.sol
+++ b/src/EVault/shared/Base.sol
@@ -4,6 +4,7 @@ pragma solidity ^0.8.0;
 
 import {EVCClient} from "./EVCClient.sol";
 import {Cache} from "./Cache.sol";
+import {ProxyUtils} from "./lib/ProxyUtils.sol";
 import {RevertBytes} from "./lib/RevertBytes.sol";
 
 import {IProtocolConfig} from "../../ProtocolConfig/IProtocolConfig.sol";
@@ -45,7 +46,18 @@ abstract contract Base is EVCClient, Cache {
     }
 
     modifier nonReentrantView() {
-        if (vaultStorage.reentrancyLocked) revert E_Reentrancy();
+        if (vaultStorage.reentrancyLocked) {
+            address hookTarget = vaultStorage.hookTarget;
+
+            // the hook target is allowed to bypass the RO-reentrancy lock. the hook target can either be a msg.sender
+            // when the view function is inlined in the EVault.sol or the hook target should be taked from the trailing
+            // data appended by the delegateToModuleView function used by useView modifier. in the latter case, it is
+            // safe to consume the trailing data as we know we are inside the useView because msg.sender == address(this)
+            if (msg.sender != hookTarget && !(msg.sender == address(this) && ProxyUtils.useViewCaller() == hookTarget))
+            {
+                revert E_Reentrancy();
+            }
+        }
         _;
     }
 
diff --git a/src/EVault/shared/lib/ProxyUtils.sol b/src/EVault/shared/lib/ProxyUtils.sol
index 61ad56b6..2557e9b8 100644
--- a/src/EVault/shared/lib/ProxyUtils.sol
+++ b/src/EVault/shared/lib/ProxyUtils.sol
@@ -5,6 +5,8 @@ pragma solidity ^0.8.0;
 import {IERC20} from "../../IEVault.sol";
 import {IPriceOracle} from "../../../interfaces/IPriceOracle.sol";
 
+import "../Constants.sol";
+
 /// @title ProxyUtils Library
 /// @author Euler Labs (https://www.eulerlabs.com/)
 /// @notice The library provides a helper function for working with proxy meta data
@@ -16,4 +18,10 @@ library ProxyUtils {
             unitOfAccount := shr(96, calldataload(sub(calldatasize(), 20)))
         }
     }
+
+    function useViewCaller() internal pure returns (address viewCaller) {
+        assembly {
+            viewCaller := shr(96, calldataload(sub(calldatasize(), add(PROXY_METADATA_LENGTH, 20))))
+        }
+    }
 }
diff --git a/test/unit/evault/EVaultTestBase.t.sol b/test/unit/evault/EVaultTestBase.t.sol
index 8285884f..390f2ce3 100644
--- a/test/unit/evault/EVaultTestBase.t.sol
+++ b/test/unit/evault/EVaultTestBase.t.sol
@@ -146,6 +146,10 @@ contract MockHook {
     function deposit(uint256, address) external view {
         address asset = IEVault(msg.sender).asset();
 
+        // these calls are just to test if there's no RO-reentrancy for the hook target
+        IEVault(msg.sender).totalBorrows();
+        IEVault(msg.sender).balanceOf(address(this));
+
         if (asset != caller()) revert E_OnlyAssetCanDeposit();
     }