Axo

Axo protocol will cease operations on March 19 2025 at 12:30 GMT.

[Axo @axotrade]

On March 19, 2025, the Axo Protocol will cease operations on Cardano.

We began this journey in September 2021 with a vision: to redefine trading and give people control over their financial future. For too long, large middlemen have dictated the rules of your financial destiny. We wanted to change that.

Building something revolutionary is never easy. The last few years have been a time of both excitement and immense challenges. Yet, in Cardano, we found a community that shared our belief in a better financial future.

Unfortunately, the pace of blockchain institutional adoption did not align with the financial realities of operating a startup. Cardano’s long-term approach is a strength, ensuring security and robustness. However, startups operate on shorter timelines to survive, and this timing mismatch has made our path unsustainable. In business, being early often means being too early.

Axo was designed for a future where professional traders and institutions settle large-scale trades on the blockchain. That future is still coming, but it hasn't arrived fast enough. This mismatch between our continued costs and future revenues has left us with no viable path forward. Due to ongoing market conditions, selling AXO tokens was not a responsible or viable option.

With no sustainable path forward, we have made the difficult but unavoidable decision to shut down Axo on Cardano. The remaining funds will be used to settle outstanding obligations.

At present, Axo – an institutional-grade tool for trade – is not needed on Cardano, but as it develops and gains the attention it deserves, this will change.

Our mission to improve financial freedom hasn’t changed. As a startup, we must shift our focus to solutions that address immediate needs in the current market. While we can’t share specifics at this time, we continue exploring ways to apply Axo’s core technology and insights. We’ll provide updates as soon as we have more to share.

What's Next:
- Vested ADA Return Process - We are working on returning the ADA that are tied up in everyone's vesting scripts to each holder.
- AXO Holdings Snapshot - We have taken a snapshot of all AXO holdings in slot number: 150290110 as a way to recognize our community’s support, should there be opportunities to do so in the future.
- Community Services Discontinued - All AXO-managed community services (Discord, Telegram, etc.) have been discontinued due to a lack of community management resources. All further communication will be exclusively via X DMs.

Axo Platform Shutdown:
- On March 19 at 12:30 PM GMT, Axo will shut down all servers. After this, new orders can no longer be submitted.
- If you have open orders, please close them before the shutdown.
- Any remaining open orders will be closed by the protocol after 12:30 PM GMT on March 19.

Parting Thoughts
Changing the world is never easy, and sometimes, being right too soon feels the same as being wrong.

We still believe in what we built and in financial freedom. This is not just an ideal - it should be a fundamental right. The time will come where you are truly in control of your finances.

Until then, thank you for being part of this journey; it has been an honor to match your trades and be a small part of financial history.

[Axo @axotrade]

The past few months have been tough for everyone in crypto, and it's been particularly challenging for us at Axo. We've been closely monitoring the situation and doing our best to make things work. However, Axo is fundamentally a trading platform that depends heavily on significant trading volume, which unfortunately isn't present on Cardano right now. The ecosystem's current market size, fragmented community, and limited user activity aren't providing the volume or liquidity needed for Axo to be viable. If Cardano achieves broader adoption and gains substantial volume as many hope, Axo could certainly become viable again in the future.

Further, ADA's volatility has made financial planning very difficult, and unfortunately, the stablecoin options available on Cardano haven't resolved these problems either. We've had certain financial obligations and important commitments that we needed to address, but had delayed, hoping for improved market conditions. That hasn't happened, so we recently made the necessary decision to convert our treasury funds into something more stable and liquid.

Additionally, we are currently preparing to return the ADA locked in each user's vesting smart contract to ensure that everyone receives their funds back in a timely manner.

We're actively exploring alternative options and strategies to give Axo the best possible chance to move forward, but we're also preparing responsibly in case we need to pivot or softly close our operations on Cardano.

We truly appreciate your understanding and patience during this uncertain time. We're committed to navigating this as transparently and thoughtfully as we can, and we'll keep you informed every step of the way.

[Axo @axotrade]

🎯 $BOTLY Token Sale is Live! 🥳

💵 Price: 0.05 ADA per $BOTLY
⛓️ 60% of tokens for the pre-sale
🔥 Unsold tokens: 50% burned, 50% to staking

⚠️ Stay Safe: Only use the official launch page!
🔗 https://t.co/ziQtrhn0zM

👉 The sale is first come, first served.
📢 Don't miss out, grab your $BOTLY now! 🚀

[Axo @axotrade]

🎯 $BOTLY Token Sale Starts in 1 Hour!

@Tradenly is revolutionizing the way you trade in the cryptocurrency world with innovative tools and cutting-edge technology. Our mission is to empower traders by delivering an advanced, user-friendly trading platform with integrated bots and AI-driven features that maximizes efficiency and profitability.

👉 Sale Details:
⏰ Start Time: today at 3PM UTC
💵 Price: 0.05 ADA per $BOTLY
⛓️ 60% of tokens for the pre sale

👉 Unsold tokens will be split evenly:
🔹 50% burned
🔹 50% sent to staking protocol

You can find all the project details on the official Axo launchpad page.

⚠️ Stay Safe:
🔹 Only use the following url. Beware of scams!
🔹 Official Launch Page: https://t.co/ziQtrhn0zM

📢 Get ready to secure your $BOTLY tokens! 🚀

[Axo @axotrade]

🚀 Crypto Sockz Sale on Axo 🚀

We are happy to announce that Crypto Sockz (@cardanosockz) will launch their token sale for $SOCKZ on the Axo launchpad! 🎉

ℹ️ About Crypto Sockz
@cardanosockz are high-quality socks inspired by Meme-coins & NFT communities. They are the RWA Apparel Brand for the Crypto Community! 🧦

📅 Sale Date
January 28th, 6 PM UTC for a duration of 24 hours

💰 Sale details
🔹 IDO Allocation: 65%
🔹 Fixed Price: 0.000184615 ADA per $SOCKZ
🔹 Target: 120,000 ADA

⚠️ Important notes
🔹 Only wallets on the allow-list can participate
🔹 First come, first served
🔹 Max 300 ADA per wallet
🔹 Tokens will be sent out after the sale has ended
🔹 Unsold tokens will be burned!

👉 More details: https://t.co/XIMcQDaYu9

⚠️ Be careful and only use the official launch page to participate. Stay safe from scams!

[Mynth @_mynth_]

Thank you to the Cardano community for hitting the minimum within the first minute 💪

[Axo @axotrade]

🚀 The @_mynth_ Token Sale is LIVE! 🚀

Get Your $MNT Now:

🌐 Official Launch Page: https://t.co/nJltFa4uOD
💵 Price: 0.103179 ADA per $MNT

⚠️ Stay Safe:
Only use the official launch page. Beware of scams!

[Axo @axotrade]

🎯 $MNT Token Sale Starts in 3 Hours!

@_mynth_ enables seamless, decentralized token swaps across any network, removing the need for intermediaries and allowing trustless transfers within its ecosystem.

👉 Sale Details:
⏰ Start Time: today at 3PM UTC
🗓️ Duration: 3 days
💵 Price: 0.103179 ADA per $MNT

⛓️ Be part of a multi-blockchain future!

⚠️ Stay Safe:
🔹 Only use the official launch page. Beware of scams!
🔹 Official Launch Page: https://t.co/nJltFa4uOD

📢 Get ready to secure your $MNT tokens! 🚀

[Axo @axotrade]

🚀 Chain abstraction is the future of Web3!

Join us today at 3:00 PM UTC to explore how @_mynth_ is solving liquidity fragmentation with its intent-based protocol and universal account abstraction.

🔊 Plus, learn about the upcoming $MNT token sale on the Axo Launchpad!

👉 Tune in with the link below:

[Mynth @_mynth_]

Chain abstraction is uniting Web3! Mynth is solving liquidity fragmentation with its intent-based protocol and universal account abstraction.

Join us tomorrow at 15:00 UTC to explore Mynth’s IDO and the future of crypto.

[Axo @axotrade]

🚀 Tradenly ($BOTLY) Token Sale on Axo Launchpad 🚀

We are happy to announce that Tradenly (@Tradenly) will launch their token sale for $BOTLY on the Axo launchpad! 🎉

ℹ️ About Tradenly
@Tradenly is revolutionizing crypto trading with cutting-edge bots & AI-driven tools to maximize efficiency and profitability.

📅 Sale Date
January 30th, 3 PM UTC – February 6th, 3 PM UTC

💰 Sale Details
🔹 Price: $0.045 per $BOTLY (ADA price determined on sale day)
🔹60% of supply (60M tokens) available for pre-sale
🔹First come, first served
🔹No minimum required

👉 Unsold tokens will be split evenly:
🔹50% burned
🔹50% distributed to participants

⚠️ Important Notes
🔹No pre-trading
🔹Tokens distributed after the sale ends

👉 More details can be found here: https://t.co/ziQtrhn0zM
🌟 Don't miss out!

Disclaimer: This post includes corrections to the previously shared Tradenly sale announcement. Thank you for your understanding.

[Axo @axotrade]

🔹 The initial sale will allocate 3.1M MNT per chain.
🔹 With a token price of 0.10$, and 100M total tokens, this would put the FDV at 10mil$.

[Axo @axotrade]

🚀 Mynth ($MNT) Token Sale on Axo Launchpad 🚀

We are pleased to share that that Mynth (@_mynth_) will launch their token sale for $MNT on the Axo launchpad!

ℹ️ About Mynth
Mynth lets users swap any token across any network, eliminating the need for centralized intermediaries. It enables seamless, decentralized transfers between networks, allowing anyone within its ecosystem to participate and facilitate token swaps trustlessly.

🗓️ Sale Date
January 21st (3 PM UTC), for a duration of 72 hours

💰 Sale details
🔹 Allocation: 3,100,000 $MNT
🔹Price: $0.10 per MNT (ADA exchange rate TBD)
🔹Total Target: $310,000
🔹Minimum required amount: $35,000
🔹Tokens will be distributed during the sale, once the minimum allocation is met.
🔹First come, first served.

⚠️ Important notes
🔹This is a multi-chain token sale, with the token being sold simultaneously across multiple chains. The initial sale will allocate 3.1M MNT per chain. A second sale will follow, distributing the remaining tokens on the launchpads with the highest activity.
🔹After the IDO, $MNT will be tradeable on multiple DEXs across various blockchains.

⛓️ Ready to swap across chains seamlessly? Join the Mynth Token Sale and be part of something big!

🌐 More details: https://t.co/nJltFa4uOD

[Axo @axotrade]

@Tradenly 👀

[Axo @axotrade]

🚨 Tune in Today! 🚨

We’re joining @CardanoCoffee at 2:30PM UTC to discuss the upcoming @Tradenly token sale! 🔥

Don’t miss it and learn more about what’s coming next 📈

🔗 Find the link below 👇

[Cardano Over Coffee @coc_space]

I’m going to @coc_space’s upcoming Space. Will you join too? https://t.co/X8BfI6xrKh

[Axo @axotrade]

🎯 Axo is live on Adaventure Quests! 🚀

Are you ready to complete the challenge and win prizes? 🏆

👉 We’ve got 2 open quests for you to tackle:
🔹 Make a market order on Axo and burn the NFT receipt.
🔹 Make a limit order on Axo and burn the NFT receipt.

By completing these quests, you’ll have the chance to win prizes, it’s that simple! Finish both quests to double your chances of taking home a reward 🎉

Don’t miss out and start your quests today: https://t.co/98ShrstVWa

[ADAventure 🦊 @AdaventureQuest]

🚨 Pssst ... Cardano's calling 🚨

...with a chance to win crypto for doing what you love: DeFi, NFTs, trading, gaming & gambling 💪

Here's how:
1⃣ Register at https://t.co/DMtGJw4EwM
2⃣ Complete Cardano quests using MetaMask wallet
3⃣ Win crypto for Christmas :) Ends 24/12 👇

[Axo @axotrade]

@GabEatsCrypto Always keep on building 👀

[Axo @axotrade]

@Cardano_capital @vipercoincto @DexHunterIO There are 10.3M VIPER tokens available to buy on the Axo order books, at a price of 0.063 ADA. Everything looks okay on our end 👍

[Axo @axotrade]

@rootkid @BodegaCardano So far, KYC has not been required for token sales. However, if a project requires it, we are open to discussing the implementation 👍

[Axo @axotrade]

🚀 Feedback from our Launchpad Projects!

We love hearing from teams who’ve chosen Axo to launch their token sale.

🗣️ The team at Bodega Market (@BodegaCardano) shared their thoughts on working with us:

"Launching on the Axo Launchpad was a smooth and positive experience, thanks to the support from Jarek and Oli. From the start, they were proactive, approachable, and efficient, guiding us through each step of the process with clarity and professionalism.

Their hands-on approach and expertise with the launchpad ensured that everything was set up effectively, even with tight timelines. The platform itself felt secure and highly performant, giving us and our participants confidence throughout the sale.

Jarek and Oli’s dedication to making our sale a success, along with their thoughtful support for both our team and community, made a real difference. Our participants appreciated how seamless and straightforward the process was, reflecting the Axo Launchpad's commitment to quality. We’re grateful for the role they played in helping us in any way we needed. A true pleasure."

🚀 Congratulations on a successful sale!

💡 At Axo, we prioritize making every launch smooth and successful. From guidance to technical support, our team is always on hand to assist projects at every stage of their journey.

We’re proud to support innovative projects and help them achieve their goals!