According to data compiled by Messari, tracking daily fees for key SOL platforms like Axiom, Pump.fun, and Banana Gun Bot, Axiom’s performance has been particularly striking.

The chart illustrates a clear upward trend in fees generated by Axiom, with notable spikes occurring towards late May 2025.

While Pump.fun consistently generated substantial fees, especially in the early months of 2025, Axiom’s fee generation has shown a more consistent and steep ascent. The data also plots Axiom’s and Banana Gun Bot’s volume share as a percentage of total Solana DEX volume (based on a rolling 7-day share).

Axiom’s share of Solana DEX volume, represented by the dashed line, has seen a dramatic increase, particularly from late March through May, at times peaking above 8%.

This indicates not just increased activity on Axiom but also its growing importance in the overall Solana DEX landscape. Banana Gun Bot, while present, shows a relatively smaller and more stable volume share.

This emergence of Axiom as a significant fee generator highlights its increasing utility and adoption among users on the Solana blockchain, consolidating its position as a key player in the network’s burgeoning DeFi ecosystem.

The post Axiom Emerges as a Dominant Fee Generator on Solana DEXs appeared first on Coindoo.

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Filed under: Bitcoin - @ June 10, 2025 11:12 pm