$2.86
Axie Infinity Price | $2.86 |
24h High / 24h Low | $2.82 / $3.05 |
Trading Volume | $24,941,681.00 |
Price Change (24h) | -$0.11 |
Price Change Percentage (24h) | -3.782% |
Market Cap Rank | #149 |
Market Cap | $457,759,703.00 |
Market Cap Change (24h) | -$17,344,285.59 |
Market Cap Change Percentage (24h) | -3.651% |
Volume / Market Cap | 0.0545 |
All-Time High | $164.90 |
All-Time Low | $0.12 |
Axie Infinity (AXS) is the governance and staking token for Axie Infinity, the groundbreaking play-to-earn NFT gaming platform. Axie pioneered on-chain gameplay and economic models that reward players with tokenized creatures (“Axies”), yieldable items, and SLP tokens.
Axie Infinity was developed by Sky Mavis, founded by Trung Nguyen and Aleksander Larsen. The team built Ronin, a custom sidechain, to reduce Ethereum gas fees and improve transaction speeds for gamers worldwide.
Axie Infinity broke new ground with its play-to-earn model, enabling players in developing regions to earn real income by gaming. The seamless integration of NFTs, token staking, and community governance gives AXS holders direct influence over game mechanics and treasury allocations.
Uses Ronin sidechain with PoS validators and Ethereum bridge security.
Axie Infinity drives governance proposals, staking rewards, and ecosystem incentives, empowering the community to vote on game updates, scholarship programs, and treasury disbursements.
Game and token upgrades are voted on by AXS holders and rolled out on Ronin.
The Sky Mavis treasury, major gaming guilds (e.g., Yield Guild Games), and early VC backers like a16z Crypto hold significant Axie Infinity reserves.