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GoonFi

avoid.net/goonfi→32/100·62% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]
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

1 entities
Protocols
⌂GoonFi
Relationships
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    Timeline(8 events)

    2025-01-01

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

    2025-06-01

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

    2025-07-04

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

    2025-07-01

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

    2025-08-26

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

    2026-03-28

    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.

    2026-03-28

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

    2026-05-28

    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
    Anchored on SolanaVerify on-chainsrc:defillama

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    full audit log →version history →

    model: claude-sonnet-4-6

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

    last updated: 5/29/2026, 2:28:26 AM

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