Axiom vs Photon
Pick Axiom if you are desktop Solana and BNB Chain memecoin traders who want spot, Hyperliquid perps and wallet tracking in one web terminal. Pick Photon if you are solana traders already using Photon; verify current fees on the site before trading.
Checked 2026-10-16 · both venues' fee pagesAxiom
Axiom is a Y Combinator-backed web trading terminal for onchain memecoins, with Hyperliquid perps, wallet and X/Twitter tracking, and yield. It charges a 1% base fee per trade with volume-based cashback.
Photon
Photon is a web trading terminal for Solana tokens. DefiLlama has tracked it since January 2024, with about $442M in lifetime revenue, though activity has fallen sharply since 2025.
Side by side
| Axiom | Photon | |
|---|---|---|
| Type | Trading terminal | Trading terminal |
| Status | live | live |
| Chains | Solana, BNB Chain, Robinhood Chain | Solana |
| Platforms | web | web |
| Custody | embedded-wallet | unverified |
| KYC | none | unknown |
| Platform fee, round trip | 2% | — |
| $1,000 round trip | $20.00 | — |
| Referral discount | 10% discount on trading fees when signing up through a referral link | — |
| Perps taker / maker | — | — |
| United States | Unverified | Unverified |
| United Kingdom | Unverified | Unverified |
| European Union | Unverified | Unverified |
| Launched | 2025-01 | — |
| Reported incidents | 1 | 0 |
Features
| Feature | Axiom | Photon |
|---|---|---|
| limit orders | ✓ | — |
| migration buy/sell | ✓ | — |
| wallet tracker | ✓ | — |
| twitter monitor | ✓ | — |
| perps | ✓ | — |
| yield | ✓ | — |
| fiat on-ramp | ✓ | — |
| bundle checker | ✓ | — |
| multi-wallet | ✓ | — |
| cashback | ✓ | — |
| points | ✓ | — |
"—" means the feature was not in the sources we checked, not proof it's missing.
Axiom: watch out for
- In February 2026 ZachXBT alleged employees used internal tools to view private user wallet data.
- Perps fee rate is not published in the docs.
- Official terms could not be checked for geo restrictions.
Photon: watch out for
- Monthly revenue fell about 92% from Sep 2025 to Sep 2026, per DefiLlama.
- No fee schedule or referral terms could be verified from official sources.
- Solana only, per DefiLlama.
Buttons are DexSheet referral links: the venue may share part of your fees with us, and you often get a discount. Disclosure.
FAQ
Is Axiom better than Photon?
Pick Axiom if you are desktop Solana and BNB Chain memecoin traders who want spot, Hyperliquid perps and wallet tracking in one web terminal. Pick Photon if you are solana traders already using Photon; verify current fees on the site before trading.
Which is cheaper, Axiom or Photon?
We could not compare published fees for both.
Can I use Axiom or Photon in the US?
Axiom: unverified. Photon: unverified. Based on each venue's own terms.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Axiom Docs: Referral Program — checked 2026-10-16
- Axiom Docs: Reward System — checked 2026-10-16
- Axiom Docs: Axiom Fees — checked 2026-10-16
- Axiom Docs: FAQs — checked 2026-10-16
- Axiom Docs: Y-Combinator — checked 2026-10-16
- Axiom Docs: Trading on Hyperliquid — checked 2026-10-16
- Photon official site (blocked automated access) — checked 2026-10-16
- DefiLlama Photon revenue — checked 2026-10-16
- DefiLlama Photon fee adapter — checked 2026-10-16