Editing Axiom

**Axiom** (also **Axiom Exchange**) is a browser-based trading platform for [[Solana]] tokens, used heavily for memecoins, that also offers perpetual futures through [[Hyperliquid]].[^1] It was co-founded by Henry Zhang ("Mist") and Preston Ellis ("Cal") and incubated in Y Combinator's Winter 2025 batch.[^1]

## History
The founders were 22-year-old University of California, San Diego graduates who had worked at TikTok and DoorDash.[^1] The Block dates the company to 2024; Axiom opened early access in late January 2025 and to the wider public in mid-February 2025.[^1][^2] It reached $100 million in lifetime fees in about four months, by The Block's count from Dune and Token Terminal data; [[pump.fun]] took about eight months to reach the same mark.[^1] By 7 July 2025 it had taken over $150 million in fees, served about 650,000 wallets and $15 billion in volume, and held 72% of Solana trading-bot volume, up from 2% in early February, according to DL News.[^3] DL News called it the fastest Y Combinator company to $100 million in revenue.[^3]

## Products
Axiom routes swaps for Solana tokens including pump.fun launches, and adds wallet and X (Twitter) tracking, watchlists, yield on idle balances through MarginFi and planned SOL staking through [[Jito]].[^1][^3] Trading fees ran from 0.95% at the base tier to 0.75% at the top tier as of May 2025, partly rebated in SOL, and a points programme led users to expect a possible airdrop, which DL News credited for much of its growth.[^1][^3] It overtook earlier platforms such as [[Photon]] and [[BullX]].[^3]

## Controversies
On 26 February 2026 [[ZachXBT]] published an investigation, commissioned by others, alleging that a New York-based senior business development employee used Axiom's internal support tools to look up users' linked wallets and shared lists of private wallets belonging to [[KOL|KOLs]]; he said confirming specific insider trades would need Axiom's internal logs.[^2] Axiom said it was "surprised and disappointed", removed employee access to the tools and said it would hold those responsible accountable.[^2] Lookonchain reported that suspected insiders made about $1 million on Polymarket betting on the investigation's subject before publication.[^4]

## Timeline
- 2025-01: early access opens[^1]
- 2025-02: public launch[^1]
- 2025-05-25: The Block reports $100 million in lifetime fees[^1]
- 2025-07-07: over $150 million in fees and 72% of Solana bot volume, per DL News[^3]
- 2026-02-26: ZachXBT alleges employee misuse of internal wallet data[^2]

## See also
- [[GMGN]]
- [[Trojan]]
- [[Moonshot]]
- [[DEX Screener]]
- [[Copy trading]]

## References
1. [Axiom exchange hits $100 million in revenue just four months after launch](https://www.theblock.co/post/355676/axiom-exchange-hits-100-million-in-revenue-just-four-months-after-launch), The Block, 2025-05-25
2. [ZachXBT names Axiom in investigation into alleged employee insider trading](https://www.theblock.co/post/391423/zachxbt-investigation-into-alleged-employee-insider-trading), The Block, 2026-02-26
3. [Solana bot platform Axiom takes over AI coder Cursor with $150m revenue fuelled by airdrop hype](https://dlnews.com/articles/defi/solana-bot-axiom-takes-over-cursor-with-150m-revenue/), DL News, 2025-07-07
4. [Suspected inside traders betting on Axiom insider trading probe rake in $1 million: Lookonchain](https://www.theblock.co/post/391484/suspected-inside-traders-betting-axiom-insider-trading-probe-rake-1-million-lookonchain), The Block, 2026-02-26