Goyimliquid Documentation

Introduction

Goyimliquid is a high-performance perpetual futures exchange built on Solana. We provide onchain price discovery, sub-100ms execution, and up to 100x leverage across 142 markets — without the gas, the slippage, or the permission slips.

We built Goyimliquid because every existing perp DEX makes a tradeoff. AMMs have slippage. L2 orderbooks have latency. CEXes have custody risk. We don't think traders should have to choose.

Our orderbook lives onchain. Our matching engine lives at the speed of Solana. Your funds stay yours. The chosen few trade differently.

Quick Start

Getting started on Goyimliquid takes under 60 seconds.

1. Connect your Solana wallet (Phantom, Backpack, Solflare supported at launch)
2. Deposit USDC into your trading account
3. Approve a session key to enable gasless trading
4. Open your first position

That's it. No KYC. No region locks. No waiting for L2 bridge finality.

Architecture

Orderbook Engine

Goyimliquid runs a fully onchain central limit orderbook (CLOB). Every order, fill, and cancel is settled on Solana. We do not use an off-chain matching engine that posts batches later — your fills are final the moment the block confirms.

The orderbook is implemented as a custom Solana program optimized for high-throughput trading. We use a price-time priority model with maker rebates, deep liquidity tiers, and dedicated market maker slots reserved for vetted participants.

Execution Layer

Average fill latency is under 100ms from order submission to onchain confirmation. We achieve this through three things:

• Co-located RPC infrastructure across Frankfurt, Tokyo, and Ashburn
• Jito bundle integration for guaranteed inclusion
• Session keys that eliminate signature overhead on every order

Settlement

Every trade settles onchain. Every position is verifiable. Every fill is auditable. There is no shadow ledger. There is no off-chain risk engine that can rug you. The chain is the source of truth.

Trading

Markets

Goyimliquid launches with 142 perpetual markets across majors, alts, memes, and AI tokens. Major markets include SOL-PERP, BTC-PERP, ETH-PERP, HYPE-PERP, FARTCOIN-PERP, MOODENG-PERP, and POPCAT-PERP. New markets are listed weekly based on community vote and liquidity provider commitment.

Leverage

Maximum leverage varies by market:

• Majors (BTC, ETH, SOL): up to 100x
• Mid-caps: up to 50x
• Memes and long-tail: up to 20x

Leverage is adjustable on a per-position basis. You can switch between cross-margin and isolated-margin modes at any time.

Order Types

We support market orders, limit orders, stop-loss, take-profit, stop-limit, scale orders, and TWAP execution. Reduce-only and post-only flags are supported on all order types. Iceberg orders are available for accounts above $100k in equity.

Fees

• Maker fee: 0.02%
• Taker fee: 0.05%

Volume-based discounts kick in at $1M monthly volume. VIP tiers run down to 0.00% maker and 0.025% taker for the highest tier. Goyim NFT holders receive an additional 50% rebate for the first 90 days post-TGE.

Funding

Funding payments occur every hour. The rate is calculated from the difference between the perpetual mark price and the underlying spot index, clamped at +/- 0.05% per hour. Funding accrues continuously and settles to your margin balance hourly.

Margin and Risk

Cross vs Isolated

In cross-margin mode, your entire account equity backs every open position. This maximizes capital efficiency but means a single bad position can drain unrelated trades. In isolated mode, each position has a dedicated margin allocation that cannot be drawn from elsewhere.

We default new accounts to isolated. Power users tend to prefer cross. The choice is yours and switchable per position.

Liquidations

Liquidations are handled by a permissionless keeper network. Anyone can run a liquidator bot against our public liquidation queue. When a position falls below maintenance margin, keepers compete to close it. The protocol takes a 1% liquidation fee, of which 60% goes to the keeper and 40% goes to the insurance fund.

Insurance Fund

The insurance fund covers any deficit when a liquidation cannot fully cover a loss (e.g., during extreme volatility or auto-deleveraging events). The fund is seeded with $5M at launch and grows with every liquidation. Current balance is published onchain in real time.

Auto-Deleveraging

In the rare case the insurance fund is depleted during a market dislocation, ADL is triggered. Profitable counterparties are partially closed at the bankruptcy price, ranked by leverage and unrealized PnL. We have a strict ADL ranking displayed in every position panel so you always know your queue position.

Goyim Points

Every trade on Goyimliquid earns points. Points convert to $GOYIM at TGE.

Earning Points

• Trading: 1 point per $1 of notional volume traded
• Maker fills: 1.5x multiplier
• Referrals: 10% of your referees' points, forever
• Liquidity: stakers in the GLV vault earn points proportional to their share
• Goyim NFT: 3x multiplier on all activity for 90 days post-launch

Multipliers

Multipliers stack. A Goyim NFT holder placing maker orders earns 4.5x base rate (3x Goyim x 1.5x maker). Multipliers are calculated per-trade and credited in real time to your account dashboard.

Conversion

At TGE, points convert to $GOYIM on a snapshot basis. The exact conversion ratio is determined by total points issued and the airdrop allocation in the tokenomics. We've allocated 15% of total supply to the points program. There is no cap on points earnable — but there is a fixed pool of tokens.

Vaults

The Goyim Liquidity Vault (GLV) is the protocol's primary market-making vault. Depositors earn a share of maker rebates, liquidation fees, and funding rate spreads.

GLV depositors take counter-trader risk. In months where traders win, the vault drawdowns. In months where traders lose, the vault prints. Historically, perp DEX vaults have been highly profitable over multi-month windows — but past performance is not future returns.

Withdrawals from GLV have a 24-hour cooldown to prevent flash withdrawals during adverse market conditions. The vault publishes its full position breakdown and PnL onchain every block.

Tokenomics

Total supply: 1,000,000,000 $GOYIM

Allocation

• 30% Community / airdrop (15% to points program, 15% to future seasons)
• 20% Team (4-year vest, 1-year cliff)
• 18% Investors (3-year vest, 1-year cliff)
• 15% Liquidity and market making
• 10% Treasury (DAO-controlled post-TGE)
• 7% Foundation (ecosystem grants, partnerships)

Utility

• Stake $GOYIM to earn a share of protocol fees (50% of all fees flow to stakers)
• Vote on new market listings, parameter changes, and treasury deployments
• Boost your points multiplier (up to 2x additional)
• Pay reduced fees (in lieu of USDC fee burn)

TGE is targeted for Q3 2026. Exact date will be announced 30 days in advance.

Security

Audits

Our orderbook and margin programs have been audited by OtterSec, Neodyme, and Zellic. Reports are public on our GitHub. We run a $1M bug bounty through Immunefi for critical findings on the perp program.

Custody

You self-custody. Goyimliquid never takes possession of your assets. Deposits move USDC from your wallet into a vault program where you retain withdrawal rights at all times. Session keys can be revoked instantly from the account panel.

Oracle

Mark prices are sourced from a weighted median of Pyth, Switchboard, and our internal index pulled from CEX orderbooks. Any oracle deviating more than 1% from the median is excluded. Funding and liquidations use the median, not the index — so a single oracle attack cannot trigger cascading liquidations.

Referrals

Every account gets a referral link. When someone trades using your link, you earn 10% of their points and 5% of their fees, paid in USDC daily.

There are no caps. No tiers. No expiry. If you refer a whale who trades $100M, you earn from that volume forever.

Sub-affiliate links are supported. You can build a network and route a percentage of your referees' rewards to sub-referrers automatically.

API

Goyimliquid provides three interfaces for programmatic trading:

• REST API for account management, market data, and historical queries
• WebSocket feed for real-time orderbook, trade, and position updates
• Direct onchain submission for the lowest latency execution path

Rate limits: 60 requests per minute on REST, unlimited on WS, onchain submission rate-limited only by Solana network capacity.

Full API documentation is at docs.goyimliquid.xyz/api. SDKs are published for TypeScript, Python, and Rust.

Supported Wallets

At launch: Phantom, Backpack, Solflare, Glow, OKX Wallet.

Hardware wallet support via Ledger (through Phantom and Solflare integrations).

Mobile trading is supported through the Backpack and Phantom mobile apps. A native Goyimliquid mobile app is in development for Q4 2026.

Roadmap

• Q2 2026: Mainnet launch, 142 markets, points program goes live
• Q3 2026: $GOYIM TGE, staking activated, governance opens
• Q4 2026: Spot trading, options markets, mobile app
• Q1 2027: Cross-chain margin (Ethereum, Base, Hyperliquid bridge), structured products
• Q2 2027: Goyimliquid L1 research begins

FAQ