Is Goblin Safe?
Risk Grade: B (27/100)
Goblin is rated as moderate risk — some novel mechanisms, generally well-understood.
Moderate risk — promising yield infrastructure for Aptos with strong backers, but early-stage status and concentrated liquidity risks warrant caution.
Goblin is a yield optimization protocol on Aptos that automates concentrated liquidity strategies across DEXs and perpetual exchanges. It offers auto-compounding vaults and GoAPT, a liquid staking token that combines base staking yield with profit-sharing from vault strategies. With ~$16M TVL and $1M in strategic funding from OKX Ventures and the Aptos Foundation, it is building Aptos' yield infrastructure layer.
TVL
$15M
Mechanisms
5
Interactions
4
Value Grade
D-
Key Risks for Goblin Users
Automated trading strategies can lose money during volatile markets — vaults may underperform simply holding tokens
Funds are invested into other Aptos DeFi protocols — hacks in those protocols directly impact your vault
Very early-stage with no governance token — team has full control over all decisions
Top Risk Factors
- •Automated concentrated liquidity strategies on V3-style DEXs introduce active management risk — incorrect rebalancing can amplify impermanent loss
- •GoAPT liquid staking token combines staking yield with vault fee sharing, creating layered risk exposure
- •Very early-stage protocol on Aptos with limited operating history and no governance token yet
Risk Score Breakdown
Goblin's highest risk area is Documentation Gaps (4/10). Here's how each dimension contributes to the overall 27/100 score:
Read the Full Goblin Risk Report
This protocol has 2 collapse scenarios. 1 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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