what's axie infinity?
Axie Infinity is a blockchain-based play-to-earn game developed by Sky Mavis, where players collect, breed, and battle digital pets called Axies, which are represented as non-fungible tokens (NFTs) on the Ronin sidechain network. The project's purpose is to create a player-owned economy in a virtual world inspired by Pokémon, allowing users to earn cryptocurrencies through gameplay activities like battling, rescuing creatures, and participating in events. Key features include the AXS governance token for staking and treasury management, the SLP token for breeding and rewards, dynamic NFT progression via Axie Experience Points (AXP), and various game modes such as Origins battles, Homeland, and the upcoming Atia's Legacy MMO. The ecosystem supports community-driven games like Sky Smash and includes features like delegation for scholarships, bounties, and seasonal tournaments with prizes. Recent updates in 2025 focus on enhancing engagement with new bounties, playtests, and integrations to sustain active player bases and treasury revenues.
Axie Infinity added to gTrade, featured in HTX futures trading competition.
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Integrates with a bridge connecting to DeFi Kingdoms chain
Co-founder Jihoz relocated to Sky Mavis HQ in Vietnam to be more hands-on during a pivotal period.
Psycheout86 stepped down from operational role at Sky Mavis, Axie Infinity, and Ronin Network after nearly eight years, remaining as shareholder and board member.
Became the most searched coin on CoinGecko in a 3-hour period on February 10, 2026.
Added as a trading pair on gTrade (Gains Network) alongside other crypto assets.
Featured in HTX futures trading competition with a $20,000 reward pool alongside SOL, RIVER, FHE, and ADA.
Offers 20% APY on AXS deposits through HTX Earn's Flexible Earn product starting January 26, 2026.
Recorded 2,992 active addresses over a 7-day period ending around January 23, 2026.
Paid $3,502.81 in fees to Ethereum over a 7-day period ending around January 23, 2026.
Recorded 26,807 transactions over a 7-day period ending around January 23, 2026.
Received $60M in whale inflows over 24 hours.
Samsung is an investor in Sky Mavis, the company behind Axie Infinity and Ronin
AXS token price increased 143% over a 30-day period ending around January 18, 2026.
Launched bAXS, an ERC20-C apptoken on Ronin Network. bAXS is non-transferable, backed 1:1 by AXS, burns when used or converted, converts to AXS, with airdrop 2026-01-18, and uses Limit Break technology to evolve Axies, mint Runes/Charms, and stake to earn AXS.
AXS perpetual futures trading with up to 5x leverage launched on HyperliquidX.
AXS token achieved the highest trading volume in Korea on January 17, 2026.
Plans to balance the Axie population to stimulate breeding again as part of restructuring the Axie economy in 2026.
Fishing Frenzy announces $FISH token launch with Karma integration and Merkl LP rewards program. The game secures publishing partnership with Sky Mavis, partnership with YGG, launches Chapter 2 with Cavern update, and expands $FISH utility to Craft World while bringing fish, chests, and rods economy on-chain.
Market cap comparison shows $10B valuation versus competitors SAND and MANA at $7B each.
An exchange delists AXS-EUR and AXS-USDT order books as part of market health improvements and liquidity consolidation.
The Atia's Legacy playtest surpasses user expectations and maintains strong engagement throughout the entire testing period.
Power Token launches on the Ronin network alongside Ronin Arcade integration with Flappy Axie game.
MMO playtest registration live; Playtest 2 scheduled for 2026.
Active voting underway on treasury governance proposal to stake 22 million dormant AXS tokens for yield generation, reducing circulating supply available from staking.
Axie teams up with Ragnarok in new partnership collaboration.
Treasury governance proposal AIP-003 activates 2837 ETH for yield farming through liquid staking derivatives wstETH, rETH, and cbETH with full transparency via Treasury Dashboard.
An upcoming research paper publishing Sunday features AXS as one of four case studies documenting $200B+ tokenholder value destruction caused by equity-token split in major crypto projects.
Ronin launches Guild Rush Program offering funding for Royal Charters and Energy Orbs to support guilds preparing for Cambria: Gold Rush Season 3, launching December 4, 2025, with applications open November 25-30, 2025.
OpenSea supports Ronin games as showcased at YGG Play Summit featuring multiple Ronin ecosystem titles including Axie Infinity, Cambria, Pixels, and Moku with packed booths.
AXS token cited as example of major crypto projects that experienced 99%+ drawdown from all-time highs alongside LUNA, EOS, and FIL.
Atia's Legacy wins Most Anticipated Game at the 2025 GAM3 Awards with pre-registration now available.
Moku's Grand Arena launches 2026-02-19 with a $1M prize pool, hosting an in-person meetup with live Moki Mayhem predictions at the Grand Arena IRL event, including Jihoz and team participation.
Completed Ronin testnet migration for L2 protocol upgrade and proof of distribution system, with KaitoAI and Fishing Frenzy Co integrations for creator rewards. MMO, Moku, Cambria, and Fableborne prepare for Q1 2025 launch, with mainnet migration planned for Q1-Q2 2026.
Ronin launches TikTok account with early traction showing 130k views on a Pixels land clip.
Only 34 Sky Mavis Mystic Axies exist in the entire 12M+ collection.
Over 1 million NFTs sold on app.axie this month, including over 100,000 Axies.
Axie Infinity experiences large volume increase on Ronin.
Angry Dynomites runs effective campaign with Axie Infinity IP to onboard web2 users at neutral/positive return on ad spend.
Axie Infinity and Ronin Network featured on Pawn Stars TV show after team members visit Gold & Silver Pawn Shop in Las Vegas and onboard Rick Harrison and Chumlee to crypto and the Ronin Network.
Major American television show Pawnstars showcases Axies and Ronin, providing mainstream media exposure.
Official participation in YGG Play Summit Manila announced with multiple events from November 18-22, including Ronin Hoops, Ronin Rally, and Ronin Arcade Booth Experience.
Beeple features Axie Infinity in new artwork alongside Moku_HQ, depicting Axie as a trending collection on OpenSea with Moki appearing as top gainer.
Ranked top project on Ronin Market for week ending February 8, 2026.
Codex, a new addition to the ecosystem, drives daily user engagement and gameplay activity.
AXS cannot be deposited as collateral to trade AXS futures, though AXS futures themselves are not delisted.
A mystic axie purchased 4 years ago for 369 ETH ($824,194) sold today for 3 ETH ($10,820), representing a 366 ETH loss.
Tournament event Masterpiece #3 starts tomorrow, featuring the largest prize pool in the competition series.
Token buybacks have commenced, confirmed by Jihoz during Token 2049 interview in Singapore.
Ronin network activity now higher than at the historical peak of the Axie boom.
Coinbase suspends AXS-BTC trading pair across Coinbase Exchange, Coinbase Advanced, and Coinbase Prime.
Angry Dynomites collaboration event offers $30K total prize pool in AXS, RON and additional rewards, with 80% of AXS spent redistributed to top players and a conversion rate of 1 AXS = 190K MagicSupply for the MagicShard Mine.
Hosts after-party at DevConnect in Argentina for Gran Batalla event with Ronin team and builders, offering limited-edition Ronin and Axie football jerseys.
Axie NFT trading volume up 53% this week on Ronin Network.
Sky Mavis lowers breeding cost for new Axies. SLP token drops 90% overnight.
Launches 24-hour limited collaboration event with Solflare in Axie Rescue featuring a Legendary Axolotl character.
12 Mystic Axies purchased with floor price moving from 7K to 12K. Smart contract updated in 2024 to enable onchain lending via governance vote.
Launches collaboration event with Angry Dynomites featuring live trading, resource exchange, and 14K+ AXS prize pool with 2nd Masterpiece launching at 1PM UTC.
Ronin Arcade launches in 1 day 17 hours as a network-wide battle pass featuring referral rewards, gifting passes, and onchain reputation building, with prizes including PlayStation 3, RON tokens, and One Piece cards across six ecosystem games.
Collaboration with RadiantsDAO launches a 24-hour limited event in Axie Rescue featuring a Legendary Axolotl character.
Launches new Codex system, described as the first Axie Battle Pass with risk-to-earn elements.
Craft World receives Best Use of Blockchain in a Mobile Game award at Gamescom 2025 and partners for a limited-time cross-IP collaborative event.
Platform records $250k in daily volume, translating to nearly $100m on an annualized basis.
Axie Infinity is the top-ranked project on Ronin Market for the past week.
Active collaborative event with Angry Dynomites features in-game AXS transfers and updated worker details, approaching end date.
As of July 2025, the community treasury contains approximately 23 million AXS, 2,600 ETH, 75,000 RON, 6,500 USDC, and $46 million in additional assets being recovered with help from authorities.
Axie codex battle pass announced for the entire ecosystem, implementing a system where players pay upfront fees in AXS and earn special AXS rewards that can be staked or sold with variable treasury fees tied to Axie Score, creating a new revenue stream for the treasury.
Governing validator StableLab makes additional investment in Ronin ecosystem; transition to L2 infrastructure confirmed as response to community feedback and for closer Ethereum ecosystem alignment.
AXS token declined 16.58% in September 2025, contributing to the Loyalty sector being one of the worst-performing crypto sectors with a 9.97% decline for the month.
Over 2,800 axolotls have been caught in Axie Rescue game, indicating active player engagement with the feature that includes Mythic Axie catching mechanics.
Grand Arena presale scheduled for October 8, 10 AM EST, featuring no-loss raffle with early buyer rewards and a secondary gacha shop for champion slots, gyms, and NFTs.
Official clarification warns that no Axie Strategy token exists at this time, despite an account under that name holding substantial rare axie collections (8 Mystic, 13 Origin, 55 Japanese, 265 Summer, 167 Nightmare axies).
Project receives nomination for GAM3S gaming award with claimed monthly treasury revenues of hundreds of thousands of dollars and thousands of active players on the classic game.
Uniswap v4 is coming to Ronin network "asap" according to community discussions about implementing new trading strategies for ecosystem assets.
First exclusive physical merchandise (variety plushies) sent to community members, indicating expansion into physical product offerings.
Atia's Legacy playtest has officially concluded, marking the end of the current testing phase.
The MMO's first playtest has been conducted, marking progression from game concept to concrete playable version after 6 months of development.
Trading volume surges 215% this week on Ronin Market with floor price exceeding 150 RON.
Next MMORPG playtest is scheduled to begin in a few months following the conclusion of the current testing phase.
New Grand Arena contests offer $1M prize pool with required card purchases through upcoming Booster Box presale and early depositor rewards.
Early gameplay testing reveals the new MMO features high-quality art and animation but lacks strategic combat depth and requires cross-platform PC/mobile compatibility for commercial success.
Current playtest phase is approaching its end date.
Kindred AI announces it holds exclusive licensing rights to deploy Axie Infinity IP as AI companions, part of over 25 global IPs in their digital companion platform.
Axie creator spots are being distributed today as the team opens access to creator tools after confirming server stability and game quality. (Tweet ID: 1971354057395876093)
Atia's Legacy playtest launches with gameplay features including squad customization through gold stacking and part re-rolling, new weapons and skills available on iOS platform.
First playtest launches today focusing on movement, combat and social interactions, while potential NFT sales targeting broader Web3 audience beyond current ecosystem are in early discussions.
A freshly funded wallet sweeps over $120k USD worth of rare Axies (8 Mystic Axies for $88k, 13 Origins for $17k) on the day before a new game and its first playtest.
Major whale activity detected with $87,925 spent on 8 Mystic Axies plus 500+ additional Axies acquired today.
Trading volume surges 430% today with Mystic and Origin axies experiencing high sales activity.
PlayCalamity launches a 3-day event on Ronin Network with 3M $WYRM tokens available for players.
A week-long MMORPG streaming showcase starts in two days.
The MMORPG launches in 3 days, marking the transition from testing to public release.
The Ronin team introduces RON buybacks and announces a collaboration with AP Collective.
Atia's Legacy begins shipping this week to testers, marking a concrete development milestone and early glimpse into project progress.
An exclusive MMORPG closed test is seeking creator participants for access.
A community hangout event is scheduled for Seoul, Korea on September 21, 2025, marking expansion into the Korean market.
Ronin introduces a referral program providing scalable weekly revenue payouts in multiple tokens including RON, AXS, and USDC.
Jihoz schedules a live stream on pumpfun tomorrow at 3pm EST to discuss new Ronin developments.
Ronin announces a community event in Singapore on September 30 featuring NFT giveaways from multiple ecosystem projects including Axie Infinity.
The team ships second internal build for Atia's Legacy playtest featuring smoother combat mechanics, playable Mystic axies, sound effects, and NPC integration.
Axie Infinity ranks as the top project on Ronin Market for the previous week.