Solana and Hyperliquid trading just got a major credibility boost, thanks to the rapid rise of Axiom.
The newly launched trading platform lets users seamlessly swap Solana-based tokens and open perpetual futures on Hyperliquid. In just four months, Axiom has already generated $100 million in fees. That puts it on track as one of the fastest-growing startups in crypto history.
Axiom was co-founded by two UC San Diego grads, Henry Zhang and Preston Ellis, also known online as Mist and Cal. The pair started the project with backing from Y Combinator and built a sleek, browser-based interface combining major trading functions. Users can trade on Solana and Hyperliquid, manage assets, and track data across blockchains and social platforms like X.
A New Frontier in Crypto Trading
Axiom isn’t just about trading tokens. It offers dynamic fee tiers, starting with 0.95% fees and 0.05% SOL rewards at the “Wood” level. Top traders can climb to the “Champion” level, enjoying 0.75% fees and 0.25% rewards. According to on-chain data, nearly 43% of platform fees have already been redistributed as user rewards.
Solana and Hyperliquid trading features are fully integrated, making Axiom unique among crypto tools. The platform also supports yield generation from idle assets, thanks to partnerships with DeFi tools like MarginFi. Native SOL staking via Jito is expected to launch soon.
Solana and Hyperliquid trading through Axiom is fast, intuitive, and loaded with incentives. Traders not only gain access to two powerful ecosystems but also earn “Axiom points” for trades and referrals. While there’s no native token yet, these points may hold future value.
Co-founder Zhang recently posted that Axiom focuses on small, thoughtful improvements to create a smoother user experience. Despite their growing success, both founders and the Axiom account remain relatively quiet on X.
Their minimalist marketing strategy—advised by crypto veteran Cobie—hasn’t stopped their platform from outperforming competitors. For instance, memecoin platform Pump.fun took nearly eight months to hit the same fee milestone Axiom reached in four.
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Axiom Eyes Expansion Beyond Solana and Hyperliquid
Solana and Hyperliquid trading is just the beginning. Axiom plans to expand into other blockchain ecosystems in the near future. Though details are sparse, this signals continued ambition and a focus on long-term innovation.
As more traders seek alternatives to centralized exchanges, tools like Axiom are becoming more vital. With low fees, strong incentives, and fast execution, Axiom is positioning itself as a major player in crypto’s next evolution.