Axiom Exchange Surges to $100M Revenue Just Months After Launch, Setting New Pace in Crypto Trading

In a rapid ascent rarely seen in the crypto space, Axiom—a trading platform built on the Solana ecosystem—has crossed $100 million in revenue less than four months after its public debut. Launched in early-access mode in late January and opening more broadly in mid-February, Axiom is now among the fastest startups in crypto history to reach this milestone.

Founded by recent UC San Diego graduates Henry Zhang and Preston Ellis—known online as Mist and Cal, respectively—Axiom has quickly gained traction among crypto traders. The 22-year-old co-founders previously worked at TikTok and DoorDash and developed Axiom through Y Combinator’s Winter 2025 cohort.

The platform enables users to trade Solana-based tokens, access perpetual futures on Hyperliquid, and monitor real-time blockchain and social media metrics. According to analytics from Dune and Token Terminal, Axiom has accumulated over $100 million in fees since its launch, a feat that took comparable platforms, like Pump.fun, significantly longer to achieve.

What sets Axiom apart isn’t just its speed to scale. The platform rewards active users with a tiered benefits system, returning up to 43% of trading fees back to its most engaged traders. Entry-level users—at the “Wood” tier—pay 0.95% in fees and earn 0.05% in SOL rewards. At the top “Champion” level, fees drop to 0.75%, with a reward of 0.25% in SOL. Users can also earn yield from idle funds via MarginFi, and SOL staking through Jito is expected soon.

Despite its rapid rise, Axiom remains low-key in its public presence. Both the founders and the platform maintain minimal activity on social media, opting instead to focus on product development. “We understand that the small touches of polish and delight make a big difference in a tool you use daily,” Zhang noted in a recent post. “At Axiom, we're always trying to ship new features and touchups that make the trading experience more seamless.”

Axiom has no immediate plans to launch a native token but does offer “Axiom points” to reward trades and referrals. These points may play a role in future platform incentives.

The team has hinted at plans to expand beyond Solana and Hyperliquid into other blockchain ecosystems, though details remain under wraps.

With strategic backing from Y Combinator and informal guidance from crypto veteran Jordan “Cobie” Fish—who reportedly advised against flashy marketing—Axiom is relying on solid infrastructure and user experience to fuel its rise. So far, that strategy is paying off.