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Axie Infinity (AXS) price, chart, coin profile and news

Find the latest Axie Infinity (AXS) price, coin profile, news and history to get you started with Axie Infinity trading and investing.

What is Axie Infinity?

AXS, an ERC-20 token, is the native cryptocurrency of Axie Infinity. Axie Infinity is a platform that hosts Axie NFTs, built on the Ethereum blockchain, and combines the popularly known Pokemon and Cryptokitties. It was launched in 2018 by Vietnam-based startup Sky Mavis. The AXS token can be traded, purchased or earned by playing the game. To play the game, you need three Axies to form a team, which might become a barrier for some users in the first place due to the price. These Axies are game characters that you own and control. The cheapest Axie is worth 0.03 ETH. However, winning a game would require good team synergy involving elements such as Axies stats and cards.

Players win by competing in PVP battles to win leaderboard prizes which go up to $30,000, or breeding Axies and then selling them on the marketplace, or battling against other Axies to win Small Love Potion tokens (SLP). Players can also collect and speculate rare Axies. The principle behind the game is play to earn, which is the most interesting aspect of the game. Users will soon be able to stake their AXS tokens on the protocol (Q3 2021) to receive regular rewards as a form of passive income.

Axie Infinity (AXS) is the 42nd largest cryptocurrency in the world by market cap, valued at $1,234,421,791. The current price of Axie Infinity is $10.71, which is -9.759% lower than yesterday. Prices have ranged between $11.96 and $10.66 over the past 24 hours. All prices are listed in US dollars and accurate as of January 31, 2023 03:01 UTC.


Recent Axie Infinity developments

January 2022: Axie Infinity recently acknowledged that 'win-trading' has occurred on their platform. Win-trading is the act of throwing games (losing on purpose) in order to propel the winner to a higher position on leaderboars. This type of cheating occurs between players of a similar matchmaking rating (MMR). Axie Infinity has announced they will take action, including a forfeiture of season rewards, against players caught engaging in win-trading. Forfeited rewards will be place back into the play-to-earn fund and redistributed amongst players in future seasons.

Axie Infinity (AXS) price

Use our graph to track the performance of (AXS) over time.

Axie Infinity at a glance

Information last updated January 31, 2023 03:01 UTC.
Coin symbol AXS
Coin Marketcap US$1,234,421,791
Total AXS supply 270,000,000
Circulating AXS 115,138,200
Current price US$10.71
All time high US$164.90
All time high date November 06, 2021
Notable team members Trung Nguyen, Aleksander Larsen
Partnerships MakerDAO, Aave, Digix
Industry Gaming
Token uses Governance
Network Ethereum

Axie Infinity price performance over time

Historical prices compared with the price of US$10.71.

1 hour -0.42%
24 hours -9.76%
7 days -12.99%
14 days 19.33%
30 days 76.90%
60 days 56.37%
200 days -22.98%
1 year -80.17%

Disclaimer: Cryptocurrencies, including Axie Infinity, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of AXS is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Axie Infinity or any other cryptocurrency discussed.

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