docs: adds usePayloadAPI hook to React Hooks documentation (#11079)

Adds documentation for the `usePayloadAPI` hook to the React Hooks
documentation.

The new section provides details on how the hook works, its parameters,
return values, and example usage.

**Changes:**
- Added `usePayloadAPI` documentation to the React Hooks page.
- Explained its purpose, arguments, and return values.
- Included an example demonstrating how to fetch data and update request
parameters dynamically.

Fixes: #10969

Author: PatrikKozak

docs/admin/hooks.mdx

@@ -1036,3 +1036,82 @@ export const MySetStepNavComponent: React.FC<{
   return null
 }
 ```
+
+## usePayloadAPI
+
+The `usePayloadAPI` hook is a useful tool for making REST API requests to your Payload instance and handling responses reactively. It allows you to fetch and interact with data while automatically updating when parameters change.
+
+This hook returns an array with two elements:
+
+1. An object containing the API response.
+2. A set of methods to modify request parameters.
+
+**Example:**
+
+```tsx
+'use client'
+import { usePayloadAPI } from '@payloadcms/ui'
+
+const MyComponent: React.FC = () => {
+  // Fetch data from a collection item using its ID
+  const [{ data, error, isLoading }, { setParams }] = usePayloadAPI(
+    '/api/posts/123',
+    { initialParams: { depth: 1 } }
+  )
+
+  if (isLoading) return <p>Loading...</p>
+  if (error) return <p>Error: {error.message}</p>
+
+  return (
+    <div>
+      <h1>{data?.title}</h1>
+      <button onClick={() => setParams({ cacheBust: Date.now() })}>
+        Refresh Data
+      </button>
+    </div>
+  )
+}
+```
+
+**Arguments:**
+
+| Property      | Description                                                                                     |
+| ------------- | ----------------------------------------------------------------------------------------------- |
+| **`url`**     | The API endpoint to fetch data from. Relative URLs will be prefixed with the Payload API route. |
+| **`options`** | An object containing initial request parameters and initial state configuration.                |
+
+The `options` argument accepts the following properties:
+
+| Property            | Description                                                                                         |
+| ------------------- | --------------------------------------------------------------------------------------------------- |
+| **`initialData`**   | Uses this data instead of making an initial request. If not provided, the request runs immediately. |
+| **`initialParams`** | Defines the initial parameters to use in the request. Defaults to an empty object `{}`.             |
+
+**Returned Value:**
+
+The first item in the returned array is an object containing the following properties:
+
+| Property        | Description                                              |
+| --------------- | -------------------------------------------------------- |
+| **`data`**      | The API response data.                                   |
+| **`error`**     | If an error occurs, this contains the error object.      |
+| **`isLoading`** | A boolean indicating whether the request is in progress. |
+
+The second item is an object with the following methods:
+
+| Property        | Description                                                 |
+| --------------- | ----------------------------------------------------------- |
+| **`setParams`** | Updates request parameters, triggering a refetch if needed. |
+
+#### Updating Data
+
+The `setParams` function can be used to update the request and trigger a refetch:
+
+```tsx
+setParams({ depth: 2 })
+```
+
+This is useful for scenarios where you need to trigger another fetch regardless of the `url` argument changing.
+
+
+