Solana News Today: Axiom Exchange Surpasses 4.3M Monthly Visitors, Leads Solana in Revenue

Axiom Exchange, a decentralized trading platform launched in 2024, has quickly gained traction in the cryptocurrency market. Founded by Henry Zhang and Preston Ellis, both experienced entrepreneurs and technologists, the platform has secured backing from Y Combinator and raised $500,000 in seed funding [1]. As of February 2025, the platform reported 4.3 million monthly visitors, and it has become the top revenue-generating protocol on Solana according to DefiLlama [1].

Axiom differentiates itself by offering cross-chain functionality, allowing traders to access various blockchains such as Ethereum, Solana, and Polkadot without the need to move assets between platforms. This simplifies the trading process and enhances user experience by reducing the complexity of managing multiple wallets across different ecosystems [1].

The platform supports a wide range of digital assets including Bitcoin (BTC), Ether (ETH), and Solana (SOL), and provides tools such as real-time market data, automated trading systems, and yield farming options. Users can engage in spot trading, limit orders, and perpetual contracts, with Axiom offering leverage up to 20x for perpetuals [1].

One of Axiom’s key features is its reward system, which incentivizes trading activity and successful referrals. Traders can earn points based on their trading volume, and those who refer others benefit from a tiered reward structure: 30% from direct referrals, 3% from indirect referrals, and 2% from extended referrals [1]. These points may contribute to eligibility for future benefits such as token airdrops, although the Axiom team has not yet confirmed the launch of a token [1].

The platform also enables users to earn passive income through its Yield feature. After setting up a Marginfi account, users can deposit USDC on Solana and earn interest. Additionally, Axiom allows users to swap SOL for USDC directly on the platform, streamlining the process of funding and managing their accounts [1].

To participate in Axiom’s reward system, users need to create an account using an email, Google, or Phantom wallet. Once set up, they can deposit SOL and USDC, start trading, and refer others to earn additional points. Axiom’s referral system is designed to encourage community growth while rewarding active participants [1].

Despite its rapid growth and strong user engagement, Axiom has not guaranteed any token airdrops, and users are advised to proceed with caution. The platform emphasizes that the steps outlined for participation in the reward system do not ensure future token allocations [1]. Users are encouraged to conduct their own research before engaging with Axiom or any other decentralized platform.

Source: [1] What Is Axiom Exchange and How to Earn Points (https://www.coingecko.com/learn/what-is-axiom-exchange)