On-chain investigator ZachXBT has published findings alleging that Axiom employees may have exploited internal data for trading, with insider addresses profiting over $400,000 on Polymarket. The trader, known as predictorxyz, is linked to Axiom and has been active on the Fomo platform. Further investigation by @omniviolence suggests these wallets might belong to Gorilla Capital, a partner in the Pump.fun ecosystem, which is accused of insider trading and launching a competing project, FUD. ZachXBT, however, denies any connection to Gorilla Capital.
The revelations have sparked community discussions about potential commercial competition between platforms, as some users reported trading issues on Pump.fun's external DEX aggregators. Dune data indicates Axiom leads the Solana trading bot market with 57.4% of the volume, while Terminal holds 9.9%. No official responses have been issued by the parties involved, and the allegations remain speculative.
ZachXBT Uncovers Alleged Insider Trading at Axiom, Denies Gorilla Capital Link
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