Axiom (Solana DEX)
Summary
Axiom is a Y Combinator-backed (Winter 2025 cohort) browser-based trading terminal for Solana, founded by Henry Zhang ('Mist') and Preston Ellis ('Cal'), that aggregates decentralized exchange liquidity and offers sub-400-millisecond execution for memecoin and perpetual futures trading. In February 2026, blockchain investigator ZachXBT published evidence that senior employees, primarily business development lead Broox Bauer, used internal admin dashboards to surveil private user wallet data and allegedly front-run profitable traders for more than ten months, netting an alleged $400,000 in illicit gains. Axiom acknowledged the misconduct, revoked tool access, and pledged an internal investigation, but as of late June 2026 no criminal charges have been filed, no formal user remediation program has been announced, and the platform continues to operate.
Connected Entities
1 entities · 10 linked investigationsTimeline(10 events)
2024-01-01
Axiom founded by Henry Zhang and Preston Ellis; joins Y Combinator Winter 2025 cohort with a $500,000 pre-seed investment.
Forbes / Blockworks2025-01-01
Axiom platform launches on Solana; alleged insider data access scheme allegedly begins around this time.
DL News2025-04-01
ZachXBT obtains screenshots allegedly showing Broox Bauer sharing private wallet data accessed via Axiom's internal dashboards.
CoinDesk2025-05-01
Axiom cumulative revenue crosses $100 million, setting a record pace in Y Combinator's 20-year portfolio history.
The Block2025-08-01
Additional screenshots documenting alleged data-sharing by Bauer obtained, spanning the April–August 2025 window.
CoinDesk2026-02-01
Leaked audio call recorded in which a voice attributed to Broox Bauer describes a plan to help an associate profit $200,000 by tracking 10–20 user wallets at a time via Axiom's internal tools, specifically to avoid detection.
CoinDesk / DL News2026-02-23
ZachXBT teases an upcoming exposé on X without naming the target, triggering a surge in Polymarket prediction market volume.
DL News2026-02-26
ZachXBT publishes a ten-post thread on X naming Axiom and Broox Bauer, presenting screenshots, the Google Sheet, and the leaked audio recording. Axiom issues a statement acknowledging misconduct, revoking dashboard access, and pledging an internal investigation.
CoinDesk2026-02-27
CoinDesk reports that at least 12 wallets collectively profited over $1 million on Polymarket before the investigation went public; the largest single winner netted approximately $411,000. On-chain researchers allege connections between the winning wallets and Broox Bauer's known addresses.
CoinDesk2026-06-30
As of this date, no criminal charges or regulatory enforcement actions against Axiom or its employees have been publicly confirmed. No user remediation program has been announced. The platform continues to operate.
AVOID.NET research compilationDecision Log
- hash: F8aXiLgvu74VntsFWfaeXAT8YbednaML86FsdwKd91zP
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/30/2026, 5:14:23 PM
last updated: 6/30/2026, 5:14:37 PM
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