Skip to main content
AVOID.NET

GoonFi

avoid.net/goonfi32/100·62% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·5QaTnJ…gVab

Summary

GoonFi is a proprietary automated market maker (Prop AMM) operating on Solana, launched in June 2025 with no public team, no frontend, and no published smart-contract audit. On March 28, 2026, a protocol logic vulnerability was exploited via mispricing arbitrage, resulting in approximately $254,000 in losses with no recovery reported. The protocol has been flagged by ZachXBT and is cited by researchers as representative of a broader Solana centralization concern, wherein anonymous, closed-source market makers capture an outsized share of DEX volume with minimal accountability.

Connected Entities

4 entities · 60 linked investigations
Organizations
Exchanges
Protocols
GoonFi
Relationships
  • GoonFimentioned withSolana(70%)
  • GoonFimentioned withJupiter Exchange(65%)
  • GoonFimentioned withZachXBT(70%)
  • Jupiter Exchangementioned withSolana(80%)
  • Jupiter Exchangementioned withZachXBT(70%)
Have evidence about GoonFi?

Timeline(8 events)

2025

ZeroFi, an early Solana Prop AMM peer, begins operations on Solana ahead of GoonFi's launch.

June 2025

GoonFi launches on Solana as a proprietary AMM with a single active trading pair (SOL-USD), no public team, and no frontend.

4 July 2025

Dan Smith (X: @smyyguy) publicly notes GoonFi's emergence, citing $25–50 million in daily volume on a single SOL-USD pair.

July 2025

Data shows 99.2% of GoonFi volume is aggregator-driven via Jupiter, indicating near-total routing dependency.

26 August 2025

GF token reaches its all-time high price before beginning a sustained decline.

28 March 2026

GoonFi exploited via mispricing arbitrage attack on Solana; approximately $254,000 drained. Funds allegedly moved through mixers. No recovery reported. Post-mortem published by 'cetipo' on X.

28 March 2026

ZachXBT flags GoonFi following the exploit. No public team response or compensation plan issued.

28 May 2026

GoonFi DEX cumulative volume stands at approximately $29.8 billion per DeFiLlama, while GF token 24-hour trading volume is approximately $702. Protocol TVL remains at $0.

Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 7 of 11 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:17 AM

last updated: 8/29/2026, 12:34:16 PM

6 views

avoid.net — verified advice for a post-truth world