GMGN.ai Dethrones Axiom Exchange in Daily Revenue
GMGN.ai has taken over Axiom Exchange in terms of daily revenue, according to DeFiLlama data. The multi-chain meme token trading terminal's 24-hour revenue climbed to approximately $336,000, temporarily surpassing Axiom's own 24-hour revenue of roughly $559,000.
The revenue generated by these platforms comes primarily from trading fees, minus referral payouts and cashbacks. On an annualized basis, GMGN is running at about $115 million in revenue, while Axiom sits considerably higher at around $237 million annually.
Axiom has historically concentrated its efforts on the Solana chain, capturing an estimated 72% of the Solana trading bot market share at certain points. In contrast, GMGN operates across multiple chains, including Solana, BSC, Base, and Ethereum.