Explore Axiom Exchange, Backed by Y Combinator, Axiom offers significant advantages to traders and boasts impressive revenue figures. Learn about its unique rake back program and the potential for fut...
Explore Axiom Exchange, Backed by Y Combinator, Axiom offers significant advantages to traders and boasts impressive revenue figures. Learn about its unique rake back program and the potential for future airdrops. Tune in to see why Axiom is an exciting opportunity for traders.
Key links for the project:
Airdrop Research tool: https://www.airdroplet.com/
Axiom Exchange Early Access: https://axiom.trade/@alphabox
*Key Links*
🚨 Airdrop Spreadsheet: https://boxmining.org/spreadsheet
Trade Memecoins with BullX: https://t.me/BullxBetaBot?start=access_GFZL7XMA6NK
Trading Bot Tool (Best so far): https://gmgn.ai/?ref=BEmoIP3e&chain=sol
*Offers*
Bybit Sign-up (Join our weekly giveaways!): https://partner.bybit.com/b/ronboxmining
BingX Sign-up Bonus: https://bingx.com/invite/QP0XYB
Join our Discord: https://discord.gg/UgJd5JPx3Z
Subscribe to our main channel: https://www.youtube.com/@Boxmining
⚜️ Follow the team on X:
Martin: https://x.com/intent/follow?screen_name=boxminingmartin
Ron: https://x.com/intent/follow?screen_name=ronboxmining
Michael: https://x.com/intent/follow?screen_name=boxmining
All opinions are personal opinions and NOT FINANCIAL advice
00:00 Introduction to Alpha Drop
00:19 Overview of Axiom Exchange
01:04 Axiom's Unique Features and Advantages
01:57 Axiom's Market Performance and Competitors
02:45 Axiom's Founders and Background
07:12 Trading Strategies and Features on Axiom
10:11 How to Get Started with Axiom
11:19 Conclusion and Final Thoughts
AI Analysis
This video dives deep into Axiom Exchange, a crypto trading platform that's making serious waves. It's presented as a potentially massive airdrop opportunity, maybe even reaching five figures, because it combines features from popular platforms like BullX (for meme coins) and Hyperliquid (for perpetual futures) and is already generating impressive revenue.
Axiom is getting a lot of attention, even being featured by Blockworks, partly because it's backed by the prestigious Y Combinator. The platform has seen explosive growth, pulling in $10.5 million in revenue in just one week recently, putting it right behind established players like PumpFun. This high revenue is a key factor highlighted, as profitable projects often reward their communities generously through airdrops, much like Hyperliquid did previously.
Here's a breakdown of what makes Axiom stand out and the key details discussed:
What is Axiom?: It's a trading platform combining meme coin trading (similar to BullX or PumpFun via its 'Pulse' feature) and perpetual futures trading (using Hyperliquid's order book technology).
Airdrop Potential: Ranked 'S-tier' on the presenters' airdrop site (airdroplet.com). The main reason for the excitement is the potential for a significant airdrop, drawing parallels to the successful Hyperliquid airdrop where high trading volume, even if unprofitable, resulted in large rewards.
Revenue is King: Axiom's strong financial performance ($10.5M revenue in a week, $58M+ all-time fees) is seen as a very positive sign for a future airdrop. The presenters emphasize that projects with strong cash flow are more likely to offer valuable airdrops.
Market Dominance: Axiom is rapidly gaining market share in Solana trading volume, surpassing established trading bots like Photon, BullX, and Trojan, processing billions in volume.
Founders & Backing: Founded by young UC San Diego computer science graduates who pivoted from a standard trading bot idea after guidance from Y Combinator. They are backed by Y Combinator and are already so profitable they state they don't need further venture funding.
Unique Selling Point - Rake Back: Instead of a typical tiered fee structure, Axiom offers a 'rake back' program. Power users can get up to 30% of their trading fees back as rebates based on their volume. This is considered extremely generous and a major draw for traders.
Points Program: Axiom currently has a points program, often a precursor to an airdrop, rewarding user activity.
Token Situation: While the founders currently state they have 'no plans' for a token, the presenters are skeptical, citing many past examples where projects said the same thing before eventually launching a token and airdrop.
Key Features:
Pulse: For trading new and trending Solana meme coins, similar data feed to BullX.
Perpetuals: Trade major cryptos like BTC, ETH, SOL with leverage, using Hyperliquid's tech.
Trackers: Allows users to track specific crypto wallets and Twitter handles to copy trade potentially successful traders (like 'Nihilus' mentioned for his win rate).
Yield: Option to deposit USDC or SOL to earn a modest APY (around 3.83% mentioned).
Presenter's View & Strategy: The presenters are very bullish on Axiom. One presenter plans to shift their personal trading activity from platforms like Bybit to Axiom specifically to farm the potential airdrop by generating high trading volume (aiming for $10 million!). They see it as the perfect platform because it combines trading they already do with the added bonus of fee rebates and a potential huge airdrop.
Getting Started: No KYC is required. Users can sign up using a referral link (theirs is alphabox).
Actionable Takeaway: Trade on Axiom (meme coins via Pulse, perpetuals, or copy trading via Trackers) to generate volume and accumulate points, positioning yourself for a potential future airdrop. Manage risk carefully, especially if copy trading.
In essence, Axiom is presented as an all-in-one trading platform that's strategically positioned, financially successful, and offers unique incentives like high rake backs. The strong belief is that using the platform now, particularly generating trading volume, could lead to a very lucrative airdrop down the line, similar to what happened with Hyperliquid.
Transcript
Welcome to AlphaDrop. My name is Ron. My name is Martin. And today we're going to be talking about a very strong airdrop that has five-figure potential. They have made a lot of money, they're backed by serious investors, and this is very advantageous to traders, whether that be meme coin or perpetuals. The project we're talking about is Axiom. Axiom Exchange. It's so good that we've ranked it S-tier on our airdrop website, airdroplet.com, and we'll explain why. So for those of you who don't kno...
Welcome to AlphaDrop. My name is Ron. My name is Martin. And today we're going to be talking about a very strong airdrop that has five-figure potential. They have made a lot of money, they're backed by serious investors, and this is very advantageous to traders, whether that be meme coin or perpetuals. The project we're talking about is Axiom. Axiom Exchange. It's so good that we've ranked it S-tier on our airdrop website, airdroplet.com, and we'll explain why. So for those of you who don't know, Axiom is basically a combination of PumpFun, or sorry, not PumpFun, BullX, and Hyperliquids Perpetual. They actually use Hyperliquids tech for their perpetual order book. Now, if you missed the Hyperliquid airdrop, even terrible traders who managed to generate tons of volume, still raked in a lot of money from the Hyperliquid airdrop, right? A lot of people on CT agree with this, okay? Emad here says, I think it's pretty common knowledge to everyone on CT how hype traders, even if unprofitable, made an outrageous airdrop. What if there was a second chance with Axiom? What if you don't need to be profitable? Just trade on Axiom trade, right? So we did not farm the Hyperliquid airdrop because we were geofenced here in Hong Kong, even with VPN. They weren't able to. Yeah. And we've learned that for the past four years, whenever it comes to airdrops, projects that make a lot of good money, very strong cash flow, solid monthly revenue, if they redistribute that back to the community, you're going to be eating good, okay? So I've been keeping a very close eye on this project for the past two months now, and the numbers are looking very, very good. I'll show you, okay? Right here. So, um, it's so good that two days ago, Blockworks, uh, published an article about Axiom. So they're backed by Y Combinator. And last week alone, they've made $10 million in revenue, right? So we'll go through this one. Throughout much of the meme coin fueled boom in Solana application revenue, leaderboard has always been PumpFun, Phantom, and a lot of trading bots, right? But now comes Axiom. This is a new competitor and has been dominating for the past months. And I think it'll likely to continue. So last week, literally last week, PumpFun, $12.2 million in revenue. Axiom behind with just $10.5 million. Okay. So this is a very big deal. And the people that co-founded Axiom were a bunch of university students. No way. Yeah. UC San Diego graduates younger than us, dude. Yeah. Computer science majors had nothing really to do in college, but they were both into crypto trading. So they built a couple of projects in their free time. So they were thinking of building something along the lines of trading bots, right? Like Photon. But they came upon someone from Y Combinator and offered them, hey, try to be unique. Because trading bots are very... Standard. Standard. And it's kind of... It's very rinse and repeatable. That's the word I just made up. But you get the point. Quite saturated. So this is like a trading bot like BullX plus a way to also long and short the market. Yeah. Exactly. So in late February, right? Trading bots combined for about 75% of Solana trading volume. And you can actually see this on Dune. Now looks like Axiom is actually eating... It's actually controlling most of the pie with $4.21 billion. The largest single entity controlling the market share of volumes and fees. Second is Photon at $2.55 billion. BullX at $1.97 billion. Trojan at $1.64 billion. So very, very good. And if they turn out to be just like Hyperliquid, Hyperliquid so far has made half a billion dollars in revenue, fees, and even more so in dextrating volume, right? And the numbers are looking pretty good because look, last 24 hours, Hyperliquid made $1.3 million in fees, $1.2 million in revenue. If you go to DeFi Llama, you can see Axiom is rank eight in terms of revenue and fee, right? Pump Fund is up there. Pump Fund is still king, but Axiom is very, very close there. It's actually right next to Jupiter as well. All right. So you can see past 24 hours already. As of now, they made $2.31 million in fees, $2.31 million in revenue. All time fees have already generated $58.25 million. If you remember two months ago when we did a live stream where I said, I want to look for the next Hyperliquid, right? A very strong project with good revenue model, very positive cashflow. Something like Axiom fits the description. I've been seeing that they've been making hundreds of thousands in fees, right? But slowly you can see it's making higher highs, higher highs, higher highs. May higher highs to one to two million consistently. And if they can, if they're able to continue the amount of money they're making through fees and revenue throughout the next few months, they've been making, they'll be making really good. And it'd be so nice if they get to redistribute this back towards the communities, AKA airdrop, right? So here, look, uh, why does Axiom command so much revenue? Because it combines, uh, two of the most popular trading products, Solana meme coins, exactly. Right. And Hyperliquid perpetual futures. And the good thing about Axiom, why a lot of, uh, traders are now on Axiom less so on Hyperliquid and Bolex and the other trading boss is because of their rake back program. So power users are given claimable fee rebates as opposed to the tier based fee system on venues like Binance. So the more you trade on Axiom, the more volume you generate, the more fees you'd get back in rebates. You can get actually up to 30%, which is really nice. Like I've actually never seen a figure that high 30% in rake back program is insane. It's very generous. Yeah. Then of course they're running a points program, which tends to spur a short term increase, uh, increase in usage for what it's worth. Jang and Ellis told they have no plans of launching a token, which tends to be the key ingredient in airdrop farming. Uh, now they didn't say they'll never make a token. We know this dude. We've seen this so many times in the past three years of projects. Always saying we have no plans of making a token. Boom. A year later, they made a token, right? They also said they won't be raising additional venture funding following Y Combinator seed check as the business is already quite profitable. Damn. They don't even need additional funding. They're already making that much money. So this presents us with a very good opportunity to trade on axiom. So I'd say they have a lot of features here. They have, first of all, uh, pulse. So this is exactly like on bull X. They, they pull the same data from bull X. So you can trade the, the latest memes, the most trending memes and the ones that are migrated from pump fun to radium. And then this is also interesting trackers. So you can track wallets, but on top of that, you can also add Twitter handles to track and copy trade your favorite traders. So maybe if I, I'm going to post something, uh, if I'm going to post a quick scalp, right? You can add me there. You can even add other, uh, Twitter handles. So I think in terms of alts, Nihilus still is really good. I've been, I've been logging his win rates on my spreadsheet and it's around 60 to 70%, which is actually pretty, pretty good. So this is also one strategy you can go for. You can copy trade just as long as you manage your risk. Okay. If you know, risk to reward ratio, you're good, especially when you're copy trading, because that's their own opinion. You're following along. And if you're going to full port that shit and it goes wrong, then you get wrecked. They're fine because they're managing their risk. Well, right. So that's one feature you can do. Then you can do the old reliable perpetuals for high liquid tokens, BTC, ETH, SOL, HYPE, SUI, FARTCOIN. I think I'm going to be switching to Axiom. Rather than trading on Bybit, I'm going to be trading here so that I can target a potential five figure airdrop. I'm very excited about this one. This is actually the perfect airdrop for me because I love trading and with even more rewards, not just from the, uh, the, the fee rebates, but also if they are going to have a potential airdrop, it could be big. It could definitely be big. We've seen this already with hyper liquid, right? Traders who've made six figures in volume. I'm not talking about PNL, volume already got pretty decent airdrops. So if Axiom were to follow that model, it's the same thing. Okay. So it's really all up to Axiom to be generous enough to say, Hey, actually, we're going to launch a token. We're going to do an airdrop. And for the ones with high volume on perpetuals or pulse, you get good airdrops, right? So on top of that, they also have yield. This one you get to deposit USDC or soul to earn 3.83% APY. So for small players like ourselves, we're not really going to make much from this, but you know, if you are willing to risk maybe five or six figures worth of soul or USDC here just to earn 3.83% APY, not bad, right? Not bad. Not bad. So how does one sign up? Is there a KYC? No, what's the procedure? There's no KYC needed. So the link for Axiom is down in the description. You can use our referral code that is alpha box. Okay. Let's go. And just go ahead and trade. So whether that be your meme coin trader, you can do pulse. If you are like me who likes day trading, high liquid tokens, perps. Okay. And if you want an additional copy trade feature, you can use trackers to add Twitter handles. So it's the same stuff that we've been playing with in the past, but all combined in one product for Axiom. We farm Bolex, we farm the other perps decks, right? All of them combined here in Axiom. And I'm really hoping that we can get very good rewards from this one. Yep. I've easily generated 2.1 million trading volume on Bybit and 1.3 million dollars of trading volume on Bolex. So I think I'm going to go for a record here and maybe 10 million in trading volume. But that means I'm going to have to be risking a lot. So we'll see. We'll see how that goes. Yeah. And guys, this really is all in one, the only platform that you need. The link for Axiom will be down below as well as the link for airdroppa.com. Make sure you follow all of us, follow the team, me, Ron, and Michael, as well as the AlphaDrop army. Shout out to Zeno, Derek Hopp. You guys know who you are. The link will be down below. With that being said, guys, thank you. My name is Ron. Martin. Peace!