GMGN overtakes Axiom Exchange in 24-hour revenue as memecoin trading wars heat up

GMGN.ai, the multi-chain meme token trading terminal, recently flipped Axiom Exchange in 24-hour revenue according to DeFiLlama data. The numbers behind the flip GMGN.ai’s 24-hour revenue climbed to roughly $336,000, momentarily surpassing Axiom on a daily basis. Axiom’s own 24-hour revenue was reported at approximately $559,000, though the timing of snapshots matters enormously in a market where trading volumes can swing wildly within hours. The revenue these platforms generate comes primarily from trading fees, net of referral payouts and cashbacks. On an annualized basis, GMGN is running at about $115 million in revenue. Axiom sits considerably higher at roughly $237 million annualized. The gap in cumulative totals is even wider: Axiom has generated more than $453 million in total revenue since launching in early 2025, hitting the $100 million mark in approximately four months. At its peak in April 2025, Axiom was pulling in up to $2 million in daily revenue. Different strategies, same degenerate market GMGN operates across multiple chains, including Solana, BSC, Base, and Ethereum, functioning as both a web-based trading terminal and a Telegram bot. Its feature set leans into s...