Axiom vs Phantom

Phantom is where most Solana traders keep their coins, and it trades too: swaps in the app, perps on Hyperliquid, and a desktop Phantom Terminal at trade.phantom.com. Axiom does only trading, and you can log in to it with Phantom. So the real question is where your trades should go, not which wallet to keep. This page compares the cost and the tools of each. Accounts opened with TradeNow pay 0.8% on Axiom.

Trade on Axiom (20% Off) Use both together

Use Axiom referral code TradeNow for 20% off fees

Axiom Trade Invite Code: TradeNow

The Axiom Trade invite code is TradeNow. Axiom calls it a referral code. Enter it when you sign up and your trading fee drops by 20% for the life of the account, from 1% to 0.8% a trade.

If you are looking for an Axiom Trade invite code, use TradeNow. Type it into the referral field on the sign-up screen, or open axiom.trade/@tradenow and it is filled in for you. It is one of the most used Axiom codes, and it still works.

Axiom or Phantom: where should you trade?

Keep Phantom as your wallet and trade new coins on Axiom. With TradeNow, Axiom's 0.8% is below Phantom's 0.85% swap fee, and its terminal adds what a wallet leaves out: a launch feed, holder and dev data, limit and stop orders, and control over how each order lands. For an occasional swap of a coin you already know, Phantom's own swap is simpler and costs about the same.

They are not really rivals: Axiom lets you sign in with Phantom.

Axiom vs Phantom: 0.8% vs 0.85% spot fee with codes, 20% vs 10% referral perk, Limit vs market Terminal orders

Axiom and Phantom Side by Side

Axiom and Phantom compared
Feature	Axiom	Phantom
What it is	A trading terminal	A wallet app and extension, plus Phantom Terminal on desktop
Spot fee	1% base, 0.8% through TradeNow	0.85% on most swaps
Referral perk	20% off every trade, for the life of the account	10% of your fees back for three months
Order types	Market, limit, take profit, stop loss	Market only in Phantom Terminal; limits in the mobile app
Finding new coins	Pulse launch feed with holder and dev data	Search and token security signals
Order landing	Presets with priority fee, bribe and MEV mode	Slippage and network fee in swap settings
Perps	Hyperliquid	Hyperliquid, isolated margin
Fees, last 30 days	$20.3M	$4.2M on swaps, $1.6M on perps

How Phantom Handles Trading

Phantom's help centre puts its fee at 0.85% on most swaps, with bridge and network costs on top for cross-chain ones. Perps run on Hyperliquid's order book with isolated margin, so each position carries its own collateral and P&L settles in USDC. Phantom Terminal, its desktop trading screen, trades Solana tokens and those perps with TradingView charts, Quick Buy, wallet tracking and take-profit and stop-loss controls.

Two limits matter for active traders. Terminal accepts market orders only; Phantom points you to its mobile app for limit orders. And the referral perk is temporary: a code entered at sign-up in the mobile app returns 10% of your own fees for three months, paid into your Cash balance rather than taken off each trade.

Bar chart of monthly fees in 2026: Axiom between $14M and $37M a month, Phantom's swaps and perps between $6.4M and $15.1M — Phantom's wallet swaps and perps added together against Axiom, month by month through October 2026 (DefiLlama).

The Cost of a Trade

On $1,000 of swaps Phantom takes $8.50, or about $7.65 during the three months a referral rebate runs. Axiom takes $10 at its base rate and $8 with TradeNow, for as long as the account exists, and its cashback in SOL brings that lower again. Network fees are separate on both. Phantom sometimes pays them for you; on Axiom you choose the priority fee and bribe in each preset, which costs a little more on busy launches and is also why the order lands.

Where Phantom Is the Better Choice

An everyday wallet

Holding coins, staking SOL, sending money to friends and connecting to any app: Phantom is built for all of it, on phone and desktop.

Checks before you sign

It hides likely spam tokens and simulates each transaction, warning you when the result looks wrong before you approve it.

Simple swaps

For a one-off swap into a coin you already know, the in-app swap is quick and costs about the same as a terminal.

Where Axiom Is the Better Choice

Orders that wait for you

Limit orders, take profit and stop loss work on any token in the terminal itself, so an exit is set the moment you enter.

Launches as they happen

Pulse lists new pairs from every major launchpad with holders, dev share and bundles on the row, often before a coin shows up on a trending list.

Control over the fill

Each preset carries slippage, priority fee, bribe and an MEV mode, and quick buys go out in one click from any list.

An Axiom token page with the chart, holder data and a buy panel showing quick amounts and three presets — An Axiom token page: price in USD or the chain's coin, holder and fee data in the header, and a buy panel with quick amounts, Market, Limit and advanced orders, and three presets.

Table comparing Axiom and Phantom on what each is, spot fee, order types, referral perk, perps and 30-day fees — A wallet and a terminal compared in six rows; fees paid in the month up to 10 November 2026.

Using Both Together

The usual setup is Phantom as the bank and Axiom as the desk. Sign in to Axiom with Phantom, send a trading amount across to your Axiom wallet, and withdraw profits back to Phantom when you are done. Your long-term coins never sit in a trading wallet, and the trades themselves get the tools and the lower fee.

Adding Axiom to Phantom

Enter invite code TradeNow

Open axiom.trade/@tradenow, where TradeNow is already in the referral field, and choose Connect with Phantom.

Fund from Phantom

Send SOL from Phantom to your Axiom wallet address; start with a small test amount.

Set three presets

A small size, a normal one and one for crowded launches, each with its own fees.

Withdraw to Phantom

Send profits back to your Phantom address whenever you want them out of the trading wallet.

Axiom vs Phantom — FAQ

What is Phantom's swap fee?

0.85% on most swaps, according to Phantom's help centre, plus network fees and, for cross-chain swaps, the bridge's own fee.

Is Axiom cheaper than Phantom?

With referral code TradeNow, yes: Axiom charges 0.8% for the life of the account, against Phantom's 0.85%. Without a code Axiom's 1% is higher.

What is Phantom Terminal?

Phantom's desktop trading screen at trade.phantom.com. It trades Solana tokens and Hyperliquid perps with market orders; limit orders need the mobile app.

Can I use Phantom with Axiom?

Yes. You can sign in to Axiom with Phantom and move SOL between the two wallets whenever you like.

Does Phantom have a referral code?

Phantom's codes work only at sign-up in its mobile app and return 10% of your trading fees for three months. Axiom's code TradeNow takes 20% off every trade permanently.

Axiom Trade Guide

Step-by-step help for every part of the terminal, from opening an account to withdrawing, with screenshots from Axiom itself.

Getting StartedOpen an account, secure it and place a first trade. Deposits & WithdrawalsMoving money in, out and between the chains Axiom trades. Buying & SellingOrders, presets and the settings behind every fill. Finding TokensPulse, Discover and the data on every token page. Trackers & AlertsFollow wallets and X accounts without leaving the terminal. Perps & PredictionsHyperliquid perpetuals and Polymarket inside Axiom. Fees & RewardsWhat each trade costs, cashback, points and your own link. Security & TroubleshootingFailed transactions, fake sites and how to reach support.

Browse the full Axiom Trade Guide →

More Axiom Comparisons

Phantom details come from its help centre; fee totals are DefiLlama's, checked on 10 November 2026. Wallet and trading fees change, so check the confirmation screen before each trade. Not financial advice. Phantom is not involved with this site, which earns Axiom referral fees.

Written by Mohammad Shahpari · Web3 CMO, Crypto Growth & SEO Specialist · X · LinkedIn