Its funny as i just found an old Schwinn that had some leather hub shiners on it and i was looking to make a set for my Trek 613, and th was thinking of making something different . when i got the Idea to do a turks head knot out of paracord or leather for it. heres a animation on how to tie it.

Turk's Head | How to tie a Turk's Head | Decorative Knots