
defioasis.eth|Apr 15, 2025 05:17
Axiom's trading volume and trading users both hit new highs yesterday
-For the first time in history, the daily trading volume exceeded 100 million US dollars
-The market share of trading volume has exceeded 50%, and the proportion has also reached a new high
-26800 daily trading users, surpassing Photon and BullX to remain in first place
Yesterday, I communicated with @ 0xlenn and found that in addition to YC incubation, point vampire attacks, and KOL rebates, Axiom's rise is also due to two important reasons. Firstly, it aggregates Live Twitter Tracker in terms of functionality; Secondly, it is heavily promoted on YouTube and overseas live streaming platforms, with descriptions such as "Axiom - The Best Memecoin Trading Platform" frequently seen. Recently, I have been watching foreign live streams on SideKick, and most of them are using Axiom to attack dogs
However, after calculation, the average contribution per user yesterday was~3.77k, significantly higher than other Meme trading platforms. There may be some brushing behavior, and we will see if the future points/airdrops will balance or eliminate these brushing behaviors
Data tracking: https://(dune.com)/kucoinventures/meme-trading-platform-war-on-solana
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