Axie Infinity price today is $0.506195 USD with a 24-hour trading volume of $6,553,723 USD. Axie Infinity is down 1.30% in the last 24 hours. The current CoinMarketCap ranking is #327, with a market cap of $27,081,428 USD. It has a circulating supply of 53,500,010 AXS coins and a max. supply of 270,000,000 AXS coins. The top exchanges for trading in Axie Infinity are currently Binance, Upbit, BW.com, Bilaxy, and Hotbit. You can find others listed on our crypto exchanges page.
Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.
Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies.
These Axies can take various forms, and there are more than 500 different body parts available, including aquatic, beast, bird, bug, plant and reptile parts. Parts from each type class come in four different rarity scales: common, rare, ultra rare and legendary — and Axies can have any combination of body parts, making them highly variable and often rare and unique.
Each Axie is a non-fungible token (NFT) with different attributes and strengths and can be entered into 3v3 battles, with the winning team earning more experience (exp) points that are used to level up an Axie's stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace.
The Axie Infinity ecosystem also has its own unique governance token, known as Axie Infinity Shards (AXS). These are used to participate in key governance votes and will give holders a say in how funds in the Axie Community Treasury are spent.
Axie Infinity was created in 2018 by Sky Mavis — a technology-focused game developer with a team primarily based in Vietnam. It was co-founded by Trung Nguyen and Aleksander Larsen.
Trung Nguyen is the current CEO of the platform. Nguyen graduated with a BS in computer software engineering, and worked as a software engineer at Anduin Transactions prior to founding Axie Infinity.
Former competitive gamer Aleksander Larsen is also credited as a co-founder and COO of the platform. Larsen has been working in blockchain gaming since 2017. He previously worked as the executive security officer for the Norwegian Government Security Organization and still sits as Secretary of the Board of Directors at the Blockchain Game Alliance.
In total, the Axie Infinity team consists of 25 full-time employees — many of whom have experience with game development.
Each Axie possesses six out of the hundreds of different potential body parts — each of which has its own battle move. This produces essentially endless variety among Axies, with most Axies having relatively weak statistics, while those with the strongest combination of body parts can have incredible stats.
Unlike some other blockchain-based battling and breeding games, each Axie can only be bred a total of seven times to help control the population of Axies.
Axie Infinity has its own mating hub to help players find a suitable match to breed their Axie with to stand the best chance at producing a rare or powerful offspring. It costs 0.005 ETH in addition to Small Love Potion (SLP) tokens to breed Axies.
AXS token holders will soon be able to stake their tokens to receive regular rewards. But unlike some other stakeable assets, AXS holders will also need to vote and play to claim their rewards.
Check out Ethereum (ETH) — the blockchain that hosts the Axie Infinity game.
Check out Small Love Potion (SLP) — the token needed to breed Axies.
Read about non-fungible tokens (NFTs) with CoinMarketCap Alexandria.
Discover the latest crypto insights, news and tools with the CoinMarketCap blog.
Axie Infinity (AXS) tokens have a total supply of 270 million tokens. Out of this, around 53.5 million tokens were in circulation as of mid-November 2020.
In total, 11% of the total supply was allocated to participants in the Binance Launchpad IEO sale and 4% was sold in a private sale. In addition to this, 29% is allocated for staking rewards, 20% to the play to earn pool, 21% to the team, 7% to advisors and 8% to the ecosystem fund.
Based on the current release schedule, as indicated by Binance Research, 100% of AXS tokens will be circulating by early 2026.
In early 2021, Axie Infinity plans to migrate its NFT tokens, including Axies, Land and other in-game item tokens from the Loom Network to a custom-built sidechain on Ethereum known as Ronin.
Ronin is an application-specific sidechain built just for Axie Infinity. It is being developed by Sky Mavis — the development firm behind the Axie Infinity game, and is designed to support almost instant transaction confirmations, reduced gas fees and be capable of helping Axie Infinity scale.
As of mid-November 2020, Axie Infinity (AXS) is only available to trade on a single exchange platform: Binance. It is listed with four trading pairs: AXS/USDT, AXS/BTC, AXS/BUSD and AXS/BNB.
Though there are no direct fiat purchase options for AXS, see our guide to purchasing Bitcoin (BTC) with fiat — which can then be exchanged to AXS on supported exchanges.
|Axie Infinity Price||$0.506195 USD|
|24 Hour High / Low|
$0.528014 USD /
|24 Hour Volume||$6,553,723 USD|
|Market Cap||$27,081,428 USD|
|Yesterday's High / Low|
$0.532591 USD /
|Yesterday's Open / Close|
$0.497919 USD /
|Yesterday's Change||$0.014485 USD (2.91%)|
|Yesterday's Volume||$7,468,014 USD|
|7 Day High / Low|
$0.528014 USD /
|30 Day High / Low|
$0.685501 USD /
|90 Day High / Low|
$0.685501 USD /
|52 Week High / Low|
$0.685501 USD /
|All Time High|
$0.685501 USD(Nov 15, 2020)
|All Time Low|
$0.123431 USD(Nov 06, 2020)
|Axie Infinity ROI||406.19%|
|Circulating Supply||53,500,010 AXS|
|Total Supply||270,000,000 AXS|
|Max Supply||270,000,000 AXS|