Project Review
Problem/Solution
Aptos’s DeFi yield landscape has been fragmented across DEXs, perpetual trading platforms, CeFi venues, and staking protocols, with no unified way for users to optimize returns. Yield products are underdeveloped and often too complex for broad adoption. Most liquid staking tokens (LSTs) simply pass along the base staking yield, which continues to decline. Without a dedicated yield infrastructure, Aptos DeFi remains underpowered and unable to sustain long-term growth. Goblin Finance tackles these issues by unifying on-chain and off-chain strategies on one platform and offering a yield-enhanced LST (GoAPT) that shares strategy revenue while boosting capital efficiency and staking rewards.
Tokenomics
Goblin Finance has no tradable governance token yet. Its primary token is goAPT, a liquid staking derivative minted 1:1 from staked APT. GoAPT holders earn the standard Aptos staking yield plus a share of Goblin’s strategy fees, boosting returns beyond the base rate. This aligns the token’s value with the protocol’s performance. The platform charges performance fees only on vault profits, and part of these fees flow back to goAPT stakers. Meanwhile, users accrue Goblin Points for using the service which is, likely, a loyalty system convertible to future platform token rewards or privileges once introduced.
Perspectives
Goblin’s long-term vision is to become Aptos’s core yield layer, continuously expanding its strategy arsenal and potentially enabling community governance (via a future token). The roadmap includes adding delta-neutral vaults, CeDeFi (centralized-DeFi hybrid) strategies, and data-driven algorithms to enhance returns and risk management. If Aptos gains traction, Goblin could ride that wave as a pivotal DeFi component. However, its fortunes are tied to Aptos adoption. If on-chain activity or liquidity stays low, Goblin’s impact will be limited. Competition may arise as the ecosystem grows, but Goblin’s head start and backing position it well provided it maintains security and innovation.
Founders and Team
Mia
Co-Founder & CEO
Goblin’s leadership keeps a low public profile, but they reportedly hail from top DeFi protocols and structured finance teams, bringing expertise in smart contract security and advanced yield modeling. The co-founder and CEO, known as Mia, actively engages with the Aptos community (e.g. AMAs and partnerships). While individual identities aren’t heavily publicized, the involvement of Aptos co-founder Avery Ching as an investor signals confidence in the team’s ability. Overall, the team appears technically capable of executing Goblin’s ambitious roadmap, given their experience and the project’s support from key ecosystem players.
Funding
In December 2025, Goblin Finance secured a $1 million strategic funding round led by OKX Ventures, Gate Ventures, and BlockBooster. This follows prior backing from the Aptos Foundation itself, likely via an ecosystem grant. While modest by crypto funding standards, the raise provides Goblin with runway and strategic connections to build out its vision. Having key Aptos stakeholders on board gives the project necessary support and credibility to grow. That said, $1M will only go so far – prudent use of capital and possibly a future token launch for additional funding may be needed as Goblin scales.
Strategic
DECEMBER 2025Amount Raised: $1 MILLION
Notable investors: OKX Ventures, Gate Ventures, BlockBooster, Aptos, Hyperion, Avery Ching
Community
Goblin has rapidly grown a substantial community. Its official X account boasts over 24,000 members, and its Telegram group similarly has tens of thousands of followers. Early user sentiment is broadly positive, fueled by excitement over Goblin’s high yields and the prospect of future airdrop rewards via Goblin Points. By engaging users with daily reward points, referral incentives, and social media quests, Goblin has cultivated an enthusiastic early user base and strong buzz around the project.
Competitors
Within Aptos, Goblin’s closest analogues are liquid staking protocols like Tortuga or Ditto Finance, which offer basic APT staking yields but lack any yield aggregation layer. Indirectly, its competition is the status quo: users either manually chase yields across various platforms or settle for low returns on idle assets. As Aptos DeFi expands, Goblin could face new rivals, whether copycat yield optimizers emerging natively or multi-chain DeFi platforms extending into Aptos. The sector isn’t crowded yet, but Goblin will need to keep outperforming on yields, security, and usability to fend off challengers in the future.
Strengths
- First-Mover Advantage on Aptos: Goblin is pioneering a unified yield layer on Aptos, filling a gap in an ecosystem that previously lacked a dedicated yield infrastructure
- Strong Backing: The project is supported by Aptos Foundation and major crypto investors, lending it credibility and deep integration within the ecosystem
- Rapid Early Traction: The platform quickly achieved significant TVL growth and high user retention after launch, indicating real market demand for its yield strategies
Risks
- Aptos Dependence: Goblin’s success hinges on Aptos’s overall DeFi growth. If the Aptos network stagnates or users move elsewhere, Goblin’s liquidity and user activity will suffer.
- Emerging Competition: As Aptos matures, similar yield aggregators (or larger multi-chain DeFi platforms) could enter the fray, potentially siphoning users and liquidity from Goblin.
- Yield Sustainability: Returns may dwindle if underlying opportunities dry up or get crowded. Falling APYs would make Goblin less attractive, testing user loyalty over the long term.
Conclusion
Goblin Finance offers a no-nonsense solution to Aptos’s DeFi shortcomings, and it has demonstrated early promise as the network’s go-to yield aggregator. The project addresses real pain points with an innovative model and has momentum on its side with credible backers, growing TVL, and active community engagement. Going forward, its fate will largely depend on execution and Aptos’s trajectory. If the team delivers secure, sustainable yields and Aptos adoption grows, Goblin could solidify its role as a cornerstone of the ecosystem. However, the road ahead isn’t guaranteed; technical hiccups, fierce competitors, or a stagnant market could temper its success.
Other Details
Additional information and details about the project.