Blockchain investigator ZachXBT accuses employees at Axiom Exchange of exploiting sensitive user wallet data to profit from meme-coin trades. Axiom confirms it revoked access to the tools and says it will continue investigating.
Axiom reaches $100 million in cumulative revenue faster than any company in Y Combinator’s 20-year history. Co-founded by Henry Zhang and Preston Ellis, it has joined YC’s Winter 2025 cohort with a $500,000 pre-seed, the only outside funding it has raised.
Y Combinator-backed trading platform Axiom generates $100 million in fees about four months after its early-access launch. Co-founded by Henry Zhang and Preston Ellis, the platform lets users trade tokens on Solana and perpetuals on Hyperliquid through a single interface.
Axiom, a trading platform co-founded by Henry Zhang and Preston Ellis, made $10 million last week and now ranks second in Solana app revenue behind pump.fun. The platform combines trading-bot capabilities with Hyperliquid perpetual futures; it was selected for Y Combinator’s winter 2025 batch and says it will not raise additional venture funding after YC’s seed check.
