GooseFX - February Update (2024)

Welcome to GooseFX's February Monthly Update! Dive into our SSL Pools, Perps DEX, strategic shift away from NFTs and much more. Explore our commitment to simplifying DeFi on Solana and join us on this exciting journey.

GooseFX - February Update (2024)

Table of Contents

Welcome to the GooseFX February Monthly Update! We're excited to have you here as we journey through our latest accomplishments and unveil the path we're carving in the DeFi space on Solana.

As we conclude this journey through our monthly update, we want you to know that we're committed to providing a top-tier DeFi experience on Solana. The milestones we've shared are just a glimpse of what's in store for our community. GooseFX is not just a platform; it's a promise of innovation, transparency, and accessibility. So, let's embark on this DeFi adventure, together!

GooseFX SSL Pools

First, let's take a deep dive into our Single Sided Liquidity or SSL Pools—an integral part of the GooseFX ecosystem. These pools have been a game-changer for the DeFi landscape on Solana, and we're thrilled to share the exciting developments and achievements they've witnessed in the past month.

GooseFX SSL Pools

Recap of SSL Pools and their Significance

Single Sided Liquidity Pools, have revolutionised liquidity provision in DeFi. These pools allow you to participate with just one token, eliminating the complexities of traditional liquidity pools that require you to deposit dual tokens.

By enabling you to deposit a single asset and earn yield effortlessly, SSL Pools have opened up new possibilities for both newcomers and seasoned DeFi enthusiasts. They offer a simplified, user-friendly approach to liquidity provision without the hassle of handling multiple tokens.

Highlights of SSL Pools Performance

Now, let's get into the nitty-gritty—how have our SSL Pools been performing?

Total Value Locked (TVL): $18.2+ million
SSL Pool Volume: $434.5+ million in trading volume
Fees Generated: $458.8k+ in fees generated!
  • Innovative Rust Backtester
    • Addressing challenges related to high-volume trading and arbitrage.
    • Extensive data collection over 1.5 years from Jupiter and Pyth.
    • Rust backtester designed for optimal performance.
    • Goal to reduce testing time from days to hours.
  • Future Plans
    • Stabilizing existing SSL Pools for increased APYs.
    • Consider boosting volumes and fees after new backtester validation.
    • Expanding SSL Pools to include tokens like JTO, PYTH, BSOL, and JUP.
    • Long-term vision - Exploring memecoins and broader token options.
  • Multiple Oracle Integrations: We're actively working on integrating multiple oracles, ensuring reliable and accurate price feeds to enhance the security and efficiency of SSL Pools.
  • Optimizations and Fine-Tuning: We're constantly fine-tuning parameters to adapt to the ever-changing market conditions.
  • Real-time Value Updates: To offer a better user experience, we're implementing real-time value updates on our farm page, making it easier for you to monitor your assets.

GooseFX Perps DEX

GooseFX's Perps DEX isn't just another exchange; it offers a unique Central Limit Order Book or CLOB model based DEX providing a CEX like experience!

We're also thrilled to announce a significant achievement: crossing over $1.5 Million in trading volume on our Perps DEX.

Announcing New Features

  • To enhance user experience and provide greater transparency, we're introducing Trader Profiles on Perps DEX.
  • Now, users can easily track their deposits, funding, and trade history—all within a single dashboard.

Perps Trader account

Upcoming Plans and Rewards

  • In the pipeline, we have exciting plans to launch Perps v2, featuring improved UX, speed, liquidity, and expanded market offerings.
  • Additionally, we're thrilled to announce that early Perps traders on GooseFX will be rewarded as a token of our appreciation for their support and trust.

As we celebrate these milestones and unveil new features, one thing remains constant—our unwavering dedication to pushing the boundaries of DeFi innovation. At GooseFX, we're not just building a platform; we're shaping the future of decentralized finance.

Phasing out the NFT Aggregator

At GooseFX, we're constantly evaluating our offerings to ensure that we're providing the best possible experience for our users.

  • That's why we've made the decision to phase out our NFT Aggregator and concentrate solely on our DeFi offerings.
  • We will fully deprecate our NFT Aggregator on Feb 15th and shift our focus towards bringing you the best Solana DeFi experience possible!

Please de-list your NFTs if you haven't already using the links ↓

• GooseFX NFT v1
• GooseFX NFT v2

As we bid farewell to our NFT Aggregator, we're more committed than ever to our mission of empowering users to make the most of their DeFi experience.

Blogs of the Month

As part of our commitment to keeping our community informed and engaged, we've published several insightful blogs over the past month.

Futures vs Options
Wondering what differentiates Futures from Options? Dive into this blog as we check these derivatives out and understand how they're different illustrated with an example of Odin Bonkson.

Futures vs Options
Wondering what differentiates Futures from Options? Dive into this blog as we check these derivatives out and understand how they’re different illustrated with an example of Odin Bonkson.

What is Fair Value Gap (FVG)
Unlock the secret to Fair Value Gap or FVG trading. Explore market inefficiencies, discover profit potential, learn about risk management and much more!

What is Fair Value Gap (FVG) Trading Strategy | GUIDE
Unlock the secret to Fair Value Gap (FVG) trading. Explore market inefficiencies, discover profit potential, and master risk management. Whether you’re new to trading or a seasoned pro, FVG can be your path to exciting opportunities!

Major Tweets and Giveaways!

Throughout the month, GooseFX has been buzzing with exciting updates and announcements. Here's a glimpse of what we've been sharing with our community

Twitter Spaces Giveaway!


As we conclude this journey through our February Monthly Update, we extend a heartfelt thank you to all our readers and supporters.

At GooseFX, we're not just building a platform; we're crafting a DeFi ecosystem that priorities innovation, transparency, and user-centricity. The milestones and achievements we've shared in this update are a testament to our dedication to this vision.

Stay tuned for more exciting updates, announcements, and opportunities to be part of the GooseFX community. Your trust and support mean the world to us!

Stay Tuned with #GooseAcademy

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Disclaimer: The statements, proposals, and details above are informational only, and subject to change. We are in early-stage development and may need to change dates, details, or the project as a whole based on the protocol, team, legal or regulatory needs, or due to developments of Solana/Serum. Nothing above should be construed as financial, legal, or investment advice.