Verify a decision

{"actor":"system:backfill","investigation_id":"688e79fa-eb82-48bc-936a-f1fca1c23495","kind":"publish","page_slug":"goonfi","published_at":"2026-05-29T02:28:26.802Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"GoonFi","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://defillama.com/protocol/goonfi","type":"other","url":""},{"credibility":3,"name":"https://www.helius.dev/blog/solanas-proprietary-amm-revolution","type":"other","url":""},{"credibility":3,"name":"https://medium.com/coinmonks/centralization-again-4a8c774b2bdd","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://smartcontractshacking.com/hacks/goonfi-hack-2026","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/goonfi","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://incrypted.com/en/how-dark-pools-are-changing-defi-and-what-it-means-industry/","type":"other","url":""},{"credibility":3,"name":"https://medium.com/coinmonks/centralization-again-4a8c774b2bdd","type":"other","url":""},{"credibility":3,"name":"https://www.helius.dev/blog/solanas-proprietary-amm-revolution","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://incrypted.com/en/how-dark-pools-are-changing-defi-and-what-it-means-industry/","type":"other","url":""},{"credibility":3,"name":"https://x.com/smyyguy/status/1941500890336329733","type":"other","url":""},{"credibility":3,"name":"https://medium.com/coinmonks/centralization-again-4a8c774b2bdd","type":"other","url":""},{"credibility":3,"name":"https://www.benzinga.com/Opinion/25/10/48120742/defi-new-landlords","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://solscan.io/token/6kKBtdEoStQoHg1cTmjiXkRvEpyin1gadJctCoRPiT6f","type":"other","url":""},{"credibility":3,"name":"https://cryptorank.io/price/goonfi","type":"other","url":""},{"credibility":3,"name":"https://www.coingecko.com/en/coins/goonfi","type":"other","url":""},{"credibility":3,"name":"https://dexscreener.com/solana/8hbubwoji41pnxjoqhgtjimhpwmtoeytoqmy8h4be5cz","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://smartcontractshacking.com/hacks/goonfi-hack-2026","type":"other","url":""},{"credibility":3,"name":"https://incrypted.com/en/how-dark-pools-are-changing-defi-and-what-it-means-industry/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://smartcontractshacking.com/hacks/goonfi-hack-2026","type":"other","url":""},{"credibility":3,"name":"https://incrypted.com/en/how-dark-pools-are-changing-defi-and-what-it-means-industry/","type":"other","url":""},{"credibility":3,"name":"https://www.helius.dev/blog/solanas-proprietary-amm-revolution","type":"other","url":""}]}],"sources_used":[],"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.","timeline":[{"date":"2025-01-01","event":"ZeroFi, an early Solana Prop AMM peer, begins operations on Solana ahead of GoonFi's launch.","source":""},{"date":"2025-06-01","event":"GoonFi launches on Solana as a proprietary AMM with a single active trading pair (SOL-USD), no public team, and no frontend.","source":""},{"date":"2025-07-04","event":"Dan Smith (X: @smyyguy) publicly notes GoonFi's emergence, citing $25–50 million in daily volume on a single SOL-USD pair.","source":""},{"date":"2025-07-01","event":"Data shows 99.2% of GoonFi volume is aggregator-driven via Jupiter, indicating near-total routing dependency.","source":""},{"date":"2025-08-26","event":"GF token reaches its all-time high price before beginning a sustained decline.","source":""},{"date":"2026-03-28","event":"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.","source":""},{"date":"2026-03-28","event":"ZachXBT flags GoonFi following the exploit. No public team response or compensation plan issued.","source":""},{"date":"2026-05-28","event":"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.","source":""}]},"v":1}