Axiom Exchange, a Y Combinator-backed cryptocurrency platform, has achieved a significant milestone by reaching $300 million in cumulative revenue just 263 days after its launch. This makes it the fastest crypto application to hit this revenue mark. The platform's growth trajectory included reaching $100 million in 129 days, $200 million in 73 days, and the final $100 million in just 63 days. The exchange boasts a daily trading volume between $73 million and $427 million, with a 30-day average revenue exceeding $1.59 million. Axiom's success is attributed to its tiered fee structure ranging from 0.75% to 0.95%, cashback offers up to 0.25% on Solana, and over $140 million distributed in rewards. Its advanced infrastructure enables sub-second order execution, contributing to a per-user revenue of $252.10.
Axiom Exchange Sets Record with $300M Revenue in 263 Days
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