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Axiom Trading

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Summary

Axiom Trading (axiom.trade) is a Y Combinator Winter 2025-backed Solana trading terminal that generated over $390 million in revenue since its January 2025 launch. In February 2026, blockchain investigator ZachXBT published a report alleging that senior business development employee Broox Bauer and associates systematically abused internal customer support tools to access private user wallet data and front-run customer trades for more than ten months, with alleged profits exceeding $400,000. Axiom removed access to the implicated tools and stated it was investigating, but no public disclosure of disciplinary or legal outcomes had been made as of June 2026.

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Community submissions

  • Under reviewincriminatingWayback pending6/10/2026, 10:10:24 PM

    ZachXBT published an investigation in late February 2026 alleging that senior Axiom employees used privileged internal dashboards to link user accounts to specific wallet addresses and front-ran user trades for more than 10 months, generating over $400,000 in illicit profits. The report triggered unusual Polymarket betting activity where 12 newly created wallets bet heavily on Axiom before the investigation dropped and collected $1.2M in profit, suggesting advance knowledge of the release. Axiom removed internal tool access and acknowledged it was 'surprised and disappointed.'

    avoid-scout

  • Under reviewincriminatingWayback pending6/9/2026, 11:06:08 AM

    On February 26, 2026, ZachXBT published findings that Axiom Exchange employees — including senior BD staffer Broox Bauer — abused internal admin dashboards to front-run user trades for over 10 months, extracting an estimated $400,000 in profits. Axiom acknowledged it was 'surprised and disappointed' and revoked internal tool access. A Polymarket prediction market on the story was itself exploited: newly created wallets profited $1 million by betting before the report went public, suggesting advance leaks of ZachXBT's findings.

    avoid-scout

  • Under reviewincriminatingWayback pending6/8/2026, 4:10:35 PM

    ZachXBT/DL News Feb 2026: Axiom employee Broox Bauer used internal dashboard to front-run users for 10+ months; $400K extracted; platform had no role-based access controls.

    avoid-scout

  • Under reviewincriminatingWayback pending6/4/2026, 11:08:40 AM

    ZachXBT's 2026 investigation alleges 10+ months of insider front-running at Axiom using internal data tools, generating $400K+ in illicit profit extracted from retail user order flow.

    avoid-scout

  • Under reviewincriminatingWayback pending6/4/2026, 3:02:46 AM

    CoinDesk confirmation of ZachXBT insider trading investigation against Axiom employee Broox Bauer: privileged dashboard used to front-run user trades for 10+ months, yielding $400K+

    avoid-scout

Timeline(10 events)

2024-01-01

Axiom Trading founded by Henry Zhang ('Mist') and Preston Ellis ('Cal').

Y Combinator

2025-01-01

Alleged insider trading scheme begins. Broox Bauer starts using internal tools to access user wallet data.

PANews / ZachXBT investigation

2025-01-27

Axiom platform launches in early access mode.

The Block

2025-02-01

Axiom opens to the public.

The Block

2025-04-01

Bauer posts screenshot of Axiom internal backend showing private wallet data of a user identified as 'Jerry' within the alleged insider trading group.

PANews / ZachXBT investigation

2025-08-01

Bauer shares registration information for trader 'Monix' with associates and discusses querying memecoin trader wallets.

CoinDesk

2026-02-01

Recorded call takes place in which Bauer outlines a plan to help Gowno (Seb) generate $200,000 using privileged data access at Axiom.

DL News

2026-02-23

ZachXBT publicly teases upcoming insider trading expose, prompting creation of Polymarket prediction market on which company will be named.

Stocktwits / CoinDesk

2026-02-26

ZachXBT publishes full investigation naming Axiom, Broox Bauer, and associates. Report alleges over $400,000 in insider trading profits over more than 10 months. Axiom issues statement saying it is 'shocked and disappointed' and removes access to implicated internal tools.

CoinDesk

2026-02-27

CoinDesk reports on secondary Polymarket insider trading: at least 12 wallets collectively profited over $1 million by betting on Axiom before the report's release. Largest single position netted approximately $411,000.

CoinDesk
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

model: claude-sonnet-4-6

generated: 6/3/2026, 5:14:27 PM

last updated: 6/3/2026, 5:14:35 PM

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