Axios Finance launched beta mainnet on Fuel Network on 2025-12-30, opening invite-only access to fixed-rate, fixed-term lending.

Raised $90 million in funding at a $1 billion valuation.

Has a current fully diluted valuation (FDV) of $11 million as of December 2025.

Featured in Developer DAO's DevNTell Advent Calendar as the number 5 top episode for 2025, with episode 154 covering "Getting Started with Fuel Network".

o2 spot orderbook DEX launches live on Fuel, with first trader access granted to waitlist signups, HL traders (200k+ spot volume), and Reactor traders (20k+ spot volume).

x402 protocol goes live on Fuel, turning HTTP 402 into a real settlement mechanism, with v2 featuring predicates and usage caps in development.

FuelVM Stepper launches in alpha version, enabling developers to trace execution instruction-by-instruction with visibility into registers, memory, and gas.

Tokenomics 2.0 proposal released with multi-phase plan to fix supply/release dynamics, implement transaction fee flywheel mechanism, and introduce new L2 resource allocation models.

L2BEAT reports critical vulnerabilities allowing fund theft through malicious contract upgrades with no delay and fund freezing capabilities. Active addresses collapse to 50 per day, TVL sits at $5.63M, and token drops 97% to $0.0025.

Tomorrow launches enhanced stFUEL utility enabling collateral functionality for stability, as 'Moor' nears release.

Partnership announced with Dune Analytics as they launch the Onchain Data Foundation, with Fuel's data now available on Dune's platform.

Tracking capability launches for stFUEL token to monitor value accrual against FUEL over time.

Network upgrades to EigenDA for data availability to boost transaction throughput. Q3 metrics show daily transactions up 290.1% quarter-over-quarter, The Rig's TVL up 174.5%, and SwayLend's TVL up 11.2%.

Version v0.47.1 releases with breaking changes including updated fuel-vm, revised gas costs, and performance optimizations.

Major v0.47.0 update launches with updated gas costs, Rust 1.90 and fuel-vm 0.65.0 upgrades, and performance optimizations.

ReactorDEX launches on mainnet with concentrated liquidity functionality for DeFi.

HashCloak releases ZK verifier in SwayLang enabling NoirLang circuits to run on the network.

L2 staking migration delayed to September 11, 2025; manual migration available now with enhanced yield opportunities through Mira LP and stFUEL utility.

New development hub 'Fuel Forge I' launches in Costa Rica with 16-person coding team and Starlink infrastructure.

Microchain project relaunches with new wave of real-time dapp developments.

Technical update v0.45.1 launches with increased transmission size and improved network stability features.

Achieves 150k TPS on Eigen DA; announces founder camp for ecosystem development in August.

Market metrics reveal concerning 99.7% activity concentration among top 100 accounts, with single account holding 8.3%.

August roadmap reveals six new product launches including Bako NFT marketplace and Base chain integration.

Achieves 100,000+ quality user acquisition through single campaign initiative.

New listing on Binance Alpha exchange announced.

In-house CLOB spot trading launch delayed to September, with interim developments planned for July-August.

In-house CLOB launches with privacy-focused spot trading; roadmap includes perps and lending features.

Development team builds proprietary CLOB, achieving core order book implementation in 200 lines of Sway code.

New package registry launches for Sway developers to streamline development process.

Community backlash over airdrop allocation strategy leads to liquidity provider exodus, creating ecosystem-wide challenges for protocol development.

New partnership announced with Eigen DA, including integration into upcoming V2 mainnet.

Platform reaches 1B FUEL staked with $70M TVL and $239.7M DEX volume across 105K traders.

Token redemption program enables FUEL holders to claim DRIFT tokens and earn additional staking rewards.

Binance Alpha launches Layer2 FUEL token trading with 5% initial price decline.

Major exchange listing with $730K trading competition and 5,550 FUEL token airdrop for eligible users.

$750K FUEL token buyback program completed with tokens transferred to Ethereum mainnet.

New integration enables first fully on-chain CLOB on Ethereum, targeting institutional traders.

New 3-week founder residency program launches in Costa Rica with core team mentorship and full funding support.

New developer residency program 'Fuel Forge I' launches, offering direct collaboration with core team and early access to O2.

New integration with EigenDA delivers 50 MB/s throughput; CLOB development roadmap revealed with three-phase rollout.

Protocol reaches 250,000 weekly active users, indicating strong adoption metrics.

Achieves first real-time rollup status on Ethereum, marking significant technical milestone.

First UTXO-based Central Limit Order Book in development, utilizing computational scaling and EigenDA integration.

Over 1 billion FUEL tokens locked in Sequencer with 29% APY staking yield.

Protocol proposes changes to token migration and unlocking schedule; 14.89% of supply (1.49B tokens) remains unmigrated.

Snapshot completed on June 2 for FUEL points and trading volume; claims page launching in coming weeks

Rewards Program enters final phase with imminent end date announcement.

Initial $1M token buyback completed; new $750K program announced over 3 weeks at $250K weekly.

Token buyback program has progressed from 50% ($500K) to 75% ($750K) completion.

Integration with Dune Analytics platform enables institutional-grade data access and analysis capabilities.

New decentralized sequencer launches in partnership with Simply Staking, moving away from centralized transaction processing.

Foundation executes 50% ($500K) of planned $1M token buyback program, tokens moved to public ETH address.

Protocol achieves 1ms confirmations, 150k TPS, 400k orders/second, and 1-4s bridging with cross-chain compatibility.

First Ethereum rollup achieves sub-100ms confirmation times, faster than human blink response.

Real-time functionality achieved; integration phase begins with MiraProtocol, Ruscetfi, Swaylend, and Bakosafe.

First rollup achieves sub-100ms transaction confirmations on Ethereum mainnet, with both testnet and mainnet versions available.

First real-time blockchain now live in production environment.

Foundation executes $250K token buyback, representing 25% of planned $1M program.

$1 million token buyback program initiated to strengthen ecosystem

Technical infrastructure upgrade introduces 150k TPS and millisecond confirmations, while expanding ecosystem with NFT marketplace and staking products.

DRIFT airdrop confirmed with daily FUEL earning opportunities available.

New Solidity transpiler tools and upcoming AI integration aim to remove Sway language adoption barriers.

$1M token buyback program announced as market conditions improve.

New $1M buyback program initiated to support token value.

Protocol update v0.43.1 released with VM memory optimization and gas price functionality improvements.

$1M token buyback program announced.

$1M token buyback program launches with $250K weekly purchases over 4 weeks.

New staking mechanism allows SOL to dSOL conversion with 5x FUEL rewards when used as collateral.

Early Stage-0 rollup with centralized elements and low adoption, despite advanced technical architecture.

Major protocol upgrade v0.43.0 introduces breaking changes and new features including preconfirmation linking and partial coin spending.

New market launches on Exponent Finance offering 5x Drift Fuel boost for liquidity providers.

Token discussed in context of trading opportunities, though specific metrics not provided beyond mention of being suitable for certain types of bets.

Raised $90m, trading 10x lower than VC round price. Round completion announced in 2022.

Genesis airdrop season 2 is live. First genesis airdrop distributed over $10K to some participants.

Holders received $350 reward on $10 worth of NFT holdings (35x). Ecosystem developments include Swaylend points and upcoming game launch by @executoors.

FDV reached $860M with 40% daily gain and 80% from previous call. 13 validators ready, staking active, ecosystem dApps ready, and AI agent kit launch planned. Currently ranked 275.

Network launch mentioned as occurring last week.

Token initially sold to VCs at $1 almost 2 years ago with lockup period. Current discussions suggest market has not properly valued the project yet.

Staking went live on Dec 20 for securing the Fuel sequencer network.

ICO price was $0.02, trading at $0.05-0.06 on Dec 19. Listed on Bitget, Bybit, KuCoin and MEXC. Claiming process live through Legion platform with queue system.

Genesis airdrop live for users who completed 16+ transactions on Fuel Sepolia Testnet and were active for 16+ days between May 30-July 15, 2024. Estimated price 0.10-0.20. Phase Two points system now active with Swaylend offering 18.45% APY and 4x FUEL points multiplier.

Released airdrop checker. 1B FUEL (10% of total supply) will be airdropped to 200,000 eligible wallets. TGE planned in less than two weeks.

Announced airdrop Dec 19 with 10% of total supply allocated to over 200k eligible wallets. Max supply capped at 10B tokens. Users can earn points for phase-2 convertible to FUEL token.

Launching $FUEL airdrop Dec 19. 200,000 wallets eligible for 10% initial distribution. Allocation includes 287M for Phase 1 Pre-Depositors, 64.2M for Testnet Users, 125M for NFT holders, 200M for Bridgoors.

Public sale live as of Dec 17. Purchase max cap lowered to US$400 per participant in Bridgor Pool. Purchase period: Dec 17 10AM UTC to Dec 18 10AM UTC.

Genesis sale starting December 17th at 10AM UTC. 20% of FUEL supply allocated to community. FDV of $200M, representing 80% discount from last private sale. Tokens 100% unlocked at TGE.

Points Program Phase 1 assets migration deadline to Fuel Ignition is November 22nd, 11:59 PM UTC. Phase 2 Fuel Points unaffected by migration status.

Completed $1M Attackathon with 343 reports submitted by 92 whitehats. Full prize pool unlocked with top winner earning $168,502.