AXLE
Everything spins.
The axle doesn't.
AXLE puts an impeller under every market. A fixed share of each trade is captured, paired, and discharged into the pool as permanently burned liquidity. Volume turns the blades. The depth underneath never turns back.
A pump only
moves one way.
Locked liquidity is a countdown. Vested liquidity is a promise. Both assume somebody keeps their word on a date you will not be watching.
AXLE removes the assumption. Discharge is one directional by construction. The LP position minted by every trade is sent to the burn address in the same block it is created, and there is no intake on the other side of the housing.
team_withdraw() reverts // no owner
migrate_v2() reverts // no proxy
unlock_after(t) reverts // no timer
lp.transferFrom() reverts // held by 0x…dead
// what is left
axle.floor() ▲ monotonic
Four stages, every trade,
same block.
The impeller sits underneath each market and runs on every swap in either direction. Buys and sells go through identical blades. Here is exactly what happens the moment a trade lands.
Intake
The market's fixed blade pitch is taken off the swap before settlement. The trader sees it quoted on chain, before signing.
Compress
The captured amount is split and paired against the reserve at the live ratio. No oracle, no keeper, no discretion in the path.
Discharge
The pair is minted into the pool as a new LP position, deepening reserves for every holder in the market at once.
Burn
That position goes to the burn address in the same transaction. It is now depth that exists and ownership that does not.
swap_in 12.400 ETH
blade_pitch 3.00% (fixed at deploy, immutable)
captured 0.372 ETH → paired + minted LP
lp_minted 0.0041 AXLE-LP
lp_owner 0x0000…dEaD
lp_status BURNED ✔ same block
floor_delta ▲ +0.372 ETH irreversible
Set the pitch.
Watch the floor climb.
Coarser blades move more per revolution and cost the trader more per swap. Every market picks its own pitch, once, at deploy. Drag it.
Modelled at $2.5M daily volume. The line has no downward case. Discharged liquidity is never subtracted, only added to.
Three grades of blade.
Named the way propeller pitch actually is. Pick one at deploy and it is written into the bytecode, where any trader can read it before touching the market.
| Class | Pitch | Behaviour | Suits |
|---|---|---|---|
| Fine | 1.50% | Shallow bite. Cheapest to trade through, slowest to build depth. The floor rises on volume alone. | High frequency markets, tight spreads, majors |
| Standard | 3.00% | The default. Balanced cost against a floor that visibly deepens inside the first week. | Most launches |
| Coarse | 5.00% | Full bite per revolution. Aggressive capture, fastest floor, highest cost per swap. | Long horizon supply, low float, conviction markets |
Liquidity lives on
Robinhood Chain.
AXLE settles on Robinhood Chain, an Arbitrum Orbit rollup, chain id 4663, fully EVM. The impeller is a plain contract with no owner, and every discharge is a public transaction anyone can replay.
The numbers you need
before you point a wallet at it.
Fixed rules, on chain,
readable before you sign.
$AXLE
The protocol token runs on its own impeller. Same four stages, same burn address, same absence of an owner. It is the reference market for how every market on AXLE behaves.
The short answers.
What stops the team pulling the liquidity?
The path does not exist. The LP position goes to the burn address in the same transaction that mints it, and the contract ships with no owner, no roles and no upgrade path. There is nothing to compromise and nobody to compromise it.
Can the blade pitch change after launch?
No. It is written at deploy and stored immutable. Any market claiming a changed pitch is a different contract at a different address.
Does the floor ever go down?
Discharged liquidity only accumulates. Price still moves on supply and demand like any market, but the depth underneath it cannot be removed, only added to.
Who pays the blade pitch?
Whoever is trading, in both directions, at the rate quoted before signing. It does not go to a treasury or a team wallet. It goes into the pool and the receipt is burned.
What does it cost to launch a market?
Gas, and the class you pick. No listing fee, no application, no allowlist. Deploy is one transaction.
Which chain?
Robinhood Chain first, EVM throughout. The contract is chain agnostic and deploys anywhere EVM bytecode runs.
Spin it up and walk away.
One transaction. No allowlist, no application, no key to keep safe afterwards.