ZachXBT has alleged that Axiom employees exploited internal tools to track private user wallets to gain unfair trading advantages.
The findings also state that Broox’s main wallet was identified via private chat messages, with related addresses subsequently mapped.
However, ZachXBT noted that due to the high volume of meme coin transactions, definitively proving insider trading would likely require access to internal exchange logs.
Another recorded call reviewed in the probe reportedly featured Broox and a newly hired Axiom moderator, “Gowno,” discussing internal lookup capabilities. In a February 2026 call, Broox allegedly proposed using internal access to help generate substantial profits.
Founded in 2024 by Henry Zhang and Preston Ellis, Axiom has rapidly emerged as a leader in the DeFi space on the Solana blockchain, bolstered by Y Combinator support.
By late 2025, the platform became the third-most-profitable in DeFi, allowing for swift trading across multiple chains and leveraging high user volume amidst the surging popularity of meme coins.
Responding to ZachXBT’s report, Axiom said it was “shocked and disappointed” to learn that a member of its team allegedly misused internal customer support tools to access user wallet information.
An internal investigation has been initiated, and access to the tools in question has been removed, the team stated.
We are shocked and disappointed to hear that someone on our team abused internal customer support tools to look up user wallets.
We have removed access to these tools and will continue to investigate and hold the offending parties responsible.
This does not represent us as a…
— Axiom (@AxiomExchange) February 26, 2026
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