Axie Infinity
AXS Rank 165 Rank 165
$1.42 (+1.07%)

Axie Infinity AXS price:

$1.42 (+1.07%)
1h+2.27%
24h+1.07%
Week+28.14%
Month+24.17%
Year-45.74%
ETH 0.000613 (+2.46%)
BTC 0.000018 (+1.39%)
$1.35 24h Range $1.47
The live Axie Infinity price today is $1.42, with a 24-hour trading volume of $70,008,764.66. AXS has changed +1.07% in the last 24 hours.

Axie Infinity (AXS) Metrics

Basic info
Asset type
Contract Address
Explorers
Market Cap Rank 165
$241,438,406.00 BTC 3,101.00
All Time High
$164.88 06 Nov 21 % to ATH (11,362.52%)
Volume (24h) Rank 57
$70,008,764.66 BTC 899.04
Circulating Supply
Update supply form
169,992,412 Total:270,000,000

Axie Infinity Price Chart Live

Price Chart

Zoom:
Price change:
High: Low:
real time price:
For more data check CoinPaprika API

Axie Infinity (AXS)

What is Axie Infinity?

Axie Infinity (AXS) is a blockchain-based gaming project launched in 2018 by Sky Mavis. It was created to provide a play-to-earn gaming experience where players can earn cryptocurrency by participating in battles, breeding, and trading virtual creatures known as Axies. The project operates on the Ethereum blockchain, utilizing the ERC-20 token standard for its native token, AXS, which is primarily used for governance, staking, and participating in the ecosystem's decision-making processes. Axie Infinity stands out for its innovative integration of blockchain technology into gaming, allowing players to own and trade in-game assets as NFTs (non-fungible tokens). This unique approach has positioned it as a significant player in the rapidly growing GameFi sector, blending gaming with decentralized finance.

When and how did Axie Infinity start?

Axie Infinity originated in March 2018 when Trung Nguyen, Aleksander Larsen, and the team at Sky Mavis released the project's whitepaper. The project aimed to create a blockchain-based game where players could collect, breed, and battle fantasy creatures called Axies. Axie Infinity's initial development milestones included the launch of its testnet in late 2018, which allowed early users to interact with the game's mechanics and provide feedback. The mainnet launched in February 2020, bringing the game to a broader audience. The initial distribution of Axie Infinity's native token, AXS, occurred through a combination of private funding rounds and a public sale on Binance Launchpad in November 2020. These early steps helped establish Axie Infinity as a pioneering project in the blockchain gaming space, setting the stage for its subsequent growth and the development of its ecosystem.

What’s coming up for Axie Infinity?

According to official updates, Axie Infinity is gearing up for several exciting developments. The project is planning the release of "Axie Infinity: Origins," a new game mode expected to launch in the coming quarters, aiming to enhance user engagement and gameplay experience. Additionally, the team is working on the "Axie Infinity: Homeland" feature, which focuses on land gameplay, targeted for rollout in the near term. These updates are part of a broader effort to expand the Axie Infinity ecosystem and improve user interaction within the game. Furthermore, Axie Infinity is exploring new partnerships and integrations to bolster its platform capabilities and reach. These milestones are designed to enhance scalability and user experience, with progress and further updates shared through their official channels and community forums.

What makes Axie Infinity stand out?

Axie Infinity distinguishes itself through its unique play-to-earn model, which allows players to earn cryptocurrency by participating in the game. This model is built on the Ethereum blockchain, utilizing a sidechain called Ronin to enhance scalability and reduce transaction fees. The game features digital pets known as Axies, which players can breed, battle, and trade. Axie Infinity's governance is driven by its community, with the AXS token enabling holders to participate in decision-making processes. The ecosystem includes a marketplace for Axies and in-game assets, fostering a vibrant community and economy. Partnerships with notable blockchain projects and integrations with decentralized finance (DeFi) platforms further enhance its ecosystem, making Axie Infinity a pioneering force in the blockchain gaming space.

What can you do with Axie Infinity?

Axie Infinity allows users to engage in various activities using its native token, AXS. The AXS token is primarily used for governance, enabling holders to participate in decision-making processes related to the platform's future development and updates. Users can also stake AXS, which helps secure the network and allows them to earn additional rewards. Within the Axie Infinity ecosystem, players can use AXS to breed and trade Axies, which are unique NFT-based creatures used in gameplay. Developers can leverage the platform to create new gaming experiences and applications by integrating with the Axie Infinity SDK. The ecosystem includes various tools and platforms, such as wallets and marketplaces, that facilitate the use and exchange of AXS and related assets.

Is Axie Infinity still active or relevant?

Axie Infinity remains active, with recent developments and updates contributing to its ongoing relevance. As of 2023, the project has shown continuous engagement through regular updates to its gaming platform and ecosystem, enhancing user experience and functionality. Development efforts have focused on improving the gameplay mechanics and expanding the Axie ecosystem, which includes features like land gameplay and new battle systems. The project maintains active governance, with recent proposals and votes indicating a participatory community. Axie Infinity continues to be listed on major exchanges, ensuring liquidity and accessibility for traders. Additionally, the platform has sustained its partnerships and integrations within the blockchain gaming sector, supporting its role as a prominent player in the play-to-earn category. These factors collectively affirm Axie Infinity's active status and relevance in the blockchain gaming industry.

Who is Axie Infinity designed for?

Axie Infinity is designed primarily for gamers and blockchain enthusiasts, enabling them to engage in a play-to-earn ecosystem where they can collect, breed, and battle digital creatures called Axies. It provides a platform where users can earn rewards through gameplay, contributing to a decentralized economy. The game operates on a blockchain, offering a marketplace for trading Axies and other in-game assets. Secondary participants, such as developers and content creators, can engage through building additional tools and experiences on top of the Axie Infinity platform, using resources such as SDKs and APIs. These participants contribute to the ecosystem by enhancing gameplay and expanding the community.

How is Axie Infinity secured?

Axie Infinity is secured using the Ronin blockchain, which operates with a Proof of Authority (PoA) consensus mechanism. In this model, a select group of validators, chosen based on their reputation and reliability, confirm transactions and maintain the network's integrity. This approach prioritizes speed and efficiency over decentralization, as it relies on a limited number of trusted nodes. The network employs standard cryptographic techniques, such as Elliptic Curve Digital Signature Algorithm (ECDSA), to ensure authentication and data integrity. Incentives are aligned through validator rewards, which encourage honest participation, while the system can impose penalties or slashing to deter malicious activities. Additional security measures include regular audits and a bug bounty program, which help identify and mitigate vulnerabilities. The governance model allows for community input, contributing to the network’s adaptability and resilience against potential threats.

Has Axie Infinity faced any controversy or risks?

Axie Infinity faced a significant controversy in March 2022 when its Ronin Network, a blockchain bridge used for transferring assets between blockchains, was exploited. The breach resulted in the theft of approximately $620 million, making it one of the largest crypto heists in history. The Axie Infinity team responded by temporarily halting the bridge to prevent further losses and worked with law enforcement and blockchain analytics firms to track the stolen funds. They also raised funds to reimburse affected users and implemented security upgrades, including a full audit of the network and increased validator nodes to enhance security. Ongoing risks for Axie Infinity include technical vulnerabilities inherent in blockchain bridges, regulatory scrutiny due to the game's play-to-earn model, and community governance challenges. The team continues to mitigate these risks through regular security audits, transparency in operations, and engaging with regulatory bodies to ensure compliance.

Axie Infinity (AXS) FAQ – Key Metrics & Market Insights

Where can I buy Axie Infinity (AXS)?

Axie Infinity (AXS) is widely available on centralized cryptocurrency exchanges. The most active platform is Binance, where the AXS/USDT trading pair recorded a 24-hour volume of over $9 016 197.11. Other exchanges include Pionex and YEX.

What's the current daily trading volume of Axie Infinity?

As of the last 24 hours, Axie Infinity's trading volume stands at $70,008,764.66 , showing a 63.34% decline compared to the previous day. This suggests a short-term reduction in trading activity.

What's Axie Infinity's price range history?

All-Time High (ATH): $164.88
All-Time Low (ATL): $0.418954

Axie Infinity is currently trading ~99.13% below its ATH and has appreciated +319% from its ATL.

What's Axie Infinity's current market capitalization?

Axie Infinity's market cap is approximately $241 438 406.00, ranking it #165 globally by market size. This figure is calculated based on its circulating supply of 169 992 412 AXS tokens.

How is Axie Infinity performing compared to the broader crypto market?

Over the past 7 days, Axie Infinity has gained 28.14%, outperforming the overall crypto market which posted a 0.35% decline. This indicates strong performance in AXS's price action relative to the broader market momentum.

Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.

All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.

Coinpaprika is not liable for any losses resulting from the use of this information.

News All News

Education All Education

Axie Infinity Basics

WhitepaperAxie Infinity WhitepaperOpen
Consensus Mechanism Not mineable
Algorithm None
Hardware wallet Yes
Tags
  • Gaming (637)
  • Ethereum (ETH) Token (ERC-20) (13346)
  • NFT Token (439)
  • Harmony (ONE) Token (24)
  • Binance Coin (BNB) Token (BEP-20) (13886)
  • Play to Earn (P2E) (207)
  • Metaverse (147)
  • Alleged SEC Securities (45)
  • Binance Launchpad (37)
Facebook
Reddit

Similar Coins

Axie Infinity Exchanges

Axie Infinity Markets

By Volume
All CEX DEX
* Price / Volume Excluded - Outlier detected
** Volume Excluded - markets with no fees and transaction mining
*** Volume Excluded - no fresh data from exchange API

Other coins worth interest - similar to Axie Infinity

# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
6 USDC USDC USDC $77 714 751 444 $1.000255 $10 117 132 470 77,694,934,936
USDC 7d price chart0.00%
23 Chainlink Chainlink LINK $5 840 554 792 $9.32 $234 243 103 626,849,970
Chainlink 7d price chart+0.74%
24 Binance Bitcoin Binance Bitcoin BTCB $5 695 039 068 $77 898.99 $36 311 662 73,108
Binance Bitcoin 7d price chart+3.06%
28 MemeCore MemeCore M $5 113 527 427 $3.95 $12 375 914 1,294,925,916
MemeCore  7d price chart+11.25%
36 Shiba Inu Shiba Inu SHIB $3 612 428 532 $0.000006 $68 583 967 589,264,883,286,605
Shiba Inu 7d price chart+1.46%
Top coins with NFT Token Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
58 Internet Computer Internet Computer ICP $1 343 511 960 $2.43 $23 032 420 551,943,208
Internet Computer 7d price chart-0.60%
73 Render Render RENDER $928 158 142 $1.79 $23 027 438 517,690,747
Render 7d price chart+0.46%
97 Pudgy Penguins Pudgy Penguins PENGU $612 123 533 $0.009738 $231 588 088 62,860,396,090
Pudgy Penguins 7d price chart+27.84%
102 Artificial Superintelligence Alliance Artificial Superintelligence Alliance FET $542 424 810 $0.207829 $37 177 033 2,609,959,126
Artificial Superintelligence Alliance 7d price chart-2.41%
104 Chiliz Chiliz CHZ $508 272 922 $0.049218 $85 484 232 10,326,961,871
Chiliz 7d price chart+9.78%
Top coins with Harmony (ONE) Token Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
6 USDC USDC USDC $77 714 751 444 $1.000255 $10 117 132 470 77,694,934,936
USDC 7d price chart0.00%
12 Wrapped Bitcoin Wrapped Bitcoin WBTC $10 181 695 516 $77 617.40 $182 814 974 131,178
Wrapped Bitcoin 7d price chart+3.10%
17 WETH WETH WETH $8 731 813 391 $2 318.65 $573 120 487 3,765,896
WETH 7d price chart+0.40%
37 Dai Dai DAI $3 329 804 469 $1.000174 $769 549 124 3,329,226,824
Dai 7d price chart0.00%
42 PAX Gold PAX Gold PAXG $2 255 353 397 $4 683.38 $51 477 165 481,565
PAX Gold 7d price chart-2.52%
Top coins with Metaverse Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
73 Render Render RENDER $928 158 142 $1.79 $23 027 438 517,690,747
Render 7d price chart+0.46%
114 Virtuals Protocol Virtuals Protocol VIRTUAL $453 460 031 $0.699143 $42 563 775 648,594,347
Virtuals Protocol 7d price chart+0.63%
140 Floki Inu Floki Inu FLOKI $310 547 571 $0.000032 $21 898 482 9,653,267,090,834
Floki Inu 7d price chart+2.13%
174 THETA THETA THETA $212 651 000 $0.212651 $10 312 454 1,000,000,000
THETA 7d price chart-1.48%
185 The Sandbox The Sandbox SAND $193 084 125 $0.078351 $29 678 853 2,464,357,126
The Sandbox 7d price chart-2.20%
Top coins with Play to Earn (P2E) Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
146 Immutable X Immutable X IMX $299 168 398 $0.169183 $8 464 808 1,768,317,543
Immutable X 7d price chart+2.72%
185 The Sandbox The Sandbox SAND $193 084 125 $0.078351 $29 678 853 2,464,357,126
The Sandbox 7d price chart-2.20%
192 Decentraland Decentraland MANA $180 350 775 $0.092856 $9 577 493 1,942,255,184
Decentraland 7d price chart+1.04%
237 Gala Gala GALA $126 272 105 $0.003340 $23 288 861 37,811,012,828
Gala 7d price chart+3.03%
318 Ronin Token Ronin Token RON $76 192 004 $0.098643 $3 667 124 772,401,679
Ronin Token 7d price chart+2.73%
Top coins with Binance Launchpad Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
102 Artificial Superintelligence Alliance Artificial Superintelligence Alliance FET $542 424 810 $0.207829 $37 177 033 2,609,959,126
Artificial Superintelligence Alliance 7d price chart-2.41%
129 Injective Protocol Injective Protocol INJ $350 739 687 $3.59 $65 960 691 97,727,220
Injective Protocol 7d price chart+8.54%
137 BitTorrent BitTorrent BTT $317 905 850 $0.000000 $7 288 148 987,037,885,840,675
BitTorrent 7d price chart-0.97%
185 The Sandbox The Sandbox SAND $193 084 125 $0.078351 $29 678 853 2,464,357,126
The Sandbox 7d price chart-2.20%
189 SafePal Token SafePal Token SFP $180 820 462 $0.361641 $4 404 514 500,000,000
SafePal Token 7d price chart+18.86%
Top coins with Alleged SEC Securities Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
7 Solana Solana SOL $49 123 191 291 $85.31 $2 750 685 802 575,850,639
Solana 7d price chart-0.19%
8 TRON TRON TRX $28 117 359 950 $0.325571 $420 238 522 86,363,298,503
TRON 7d price chart-0.88%
14 Cardano Cardano ADA $9 558 609 625 $0.247701 $294 430 432 38,589,258,939
Cardano 7d price chart-0.27%
38 Toncoin Toncoin TON $3 255 221 048 $1.31 $182 901 545 2,493,783,292
Toncoin 7d price chart-1.03%
51 Near Protocol Near Protocol NEAR $1 626 403 799 $1.37 $127 437 800 1,185,165,436
Near Protocol 7d price chart+1.21%
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
6 USDC USDC USDC $77 714 751 444 $1.000255 $10 117 132 470 77,694,934,936
USDC 7d price chart0.00%
9 Lido Staked Ether Lido Staked Ether STETH $22 651 362 339 $2 312.69 $45 723 056 9,794,399
Lido Staked Ether 7d price chart+0.68%
12 Wrapped Bitcoin Wrapped Bitcoin WBTC $10 181 695 516 $77 617.40 $182 814 974 131,178
Wrapped Bitcoin 7d price chart+3.10%
13 Wrapped Liquid Staked Ether 2.0 Wrapped Liquid Staked Ether 2.0 WSTETH $10 136 216 645 $2 850.67 $17 762 371 3,555,731
Wrapped Liquid Staked Ether 2.0 7d price chart+0.61%
17 WETH WETH WETH $8 731 813 391 $2 318.65 $573 120 487 3,765,896
WETH 7d price chart+0.40%
Top coins with Gaming Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
140 Floki Inu Floki Inu FLOKI $310 547 571 $0.000032 $21 898 482 9,653,267,090,834
Floki Inu 7d price chart+2.13%
146 Immutable X Immutable X IMX $299 168 398 $0.169183 $8 464 808 1,768,317,543
Immutable X 7d price chart+2.72%
185 The Sandbox The Sandbox SAND $193 084 125 $0.078351 $29 678 853 2,464,357,126
The Sandbox 7d price chart-2.20%
192 Decentraland Decentraland MANA $180 350 775 $0.092856 $9 577 493 1,942,255,184
Decentraland 7d price chart+1.04%
237 Gala Gala GALA $126 272 105 $0.003340 $23 288 861 37,811,012,828
Gala 7d price chart+3.03%