Ignas | DeFi
@ignas
190 Following
1981 Followers
Pump fun has only one real competitor: Axiom.
Weirdly, CT is quiet about it.
I missed $HYPE airdrop, but I'm not missing $AXIOM
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Axiom consistently trails Pump on daily fees, often generating more than Solana itself.
Backed by YCombinator "Axiom the fastest company in YC history to hit $100m in real top-line revenue"
It "took Cursor 12 months to hit same $100m" - says @TheOneandOmsy on X
Interestingly, Axiom official X account and co-founders are keeping a very low profile on X with very few posts.
Marketing is spreading via word-of-mouth & referrals.
Maybe some volume is wash trading for the token airdrop?
Can't say for sure.
Axiom’s final goal is trading any asset on any chain, yield protocol, wallet tracking, etc.
Perps are live via Hyperliquid so if Axiom wins, my $HYPE bags do well, too.
Points campaign is live from trading, quests and referrals.
Even if you don't like memecoins, you'll like the airdrop.
I have a good feeling about Axiom token.
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Points are live.
Axiom docs states that trading & quests earn rewards and "possible future airdrops." Yep.
Don't forget to claim your XP on the rewards page.
Get 10% discount on trading fees with my referral: https://axiom.trade/@ohyespls
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Disclaimer: this is not a paid posts and I have not talked with anyone from the team.
Stats just don't lie: Axiom dominates 60% of the trading platform market share.
It just seems a great next airdrop, perhaps inly challenging $POLY by Polymarket and $PUMP itself. 4 replies
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4 of the 8 top DeFi protocols didn't exist three years ago:
Eigenlayer, Etherfi, Spark, and Ethena.
Now, they are among the top DeFi protocols by TVL.
Notice that all top 8 protocols are focusing on YIELD.
DEXes out of top 8: Uniswap, Curve, Pancakeswap... LPing due to IL isn't worth the risk?
Notable changes:
- Aave: 4th to 1st, TVL +315%
- Uniswap: 6th to 10th
- Curve: 4th to 19th, TVL -50% since 2022
- PCS: 5th to 24th, TVL -50%
- Convex: 8th to 35th
MakerDAO (Sky) lost the 1st spot but its first subDAO, Spark, is a success.
Binance staked ETH is now as big as Lido was 3 years ago.
Ethena is a beast: started growing again, soon to reach ATH TVL. 3 replies
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Why does saying "I work in crypto" feels so cringey and awkward?
Feels like the "crypto" word itself is too loaded, meaning scams, get rich quick, and 'crypto bro' culture.
I think we've had it great with the Web3 storytelling. It was the strongest narrative we've had:
Web1: "Read-Only" -> Web2: "Read-Write" -> Web3: "Read-Write-Own"
Yet 'Web3' isn't trendy anymore. I don't use it myself much.
It's like after the Metaverse, GameFi, and NFT bubbles we stopped pushing the 'Web3' story, because.... it got cringey as well?
But I think Web3 is the single best narrative that unifies what crypto has to offer.
Even more now than in 2020-22 bull cycle due to AI.
The value of censorship resistance, user ownership, and privacy is important to many.
Yet, most people view crypto not as a solution, but as a step toward a dystopian future.
We're terrible at selling crypto... I mean the Web3 vision to the masses.
Maybe I should push the Web3 term once again. 9 replies
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