Question 1

What is Axie Infinity Shards (AXS)?

Accepted Answer

Axie Infinity Shards (AXS) is the governance token of the Axie Infinity ecosystem, developed by Sky Mavis. Axie Infinity is a blockchain-based gaming ecosystem centred on digital creatures called Axies, which players can collect, breed and use across different games and experiences.

AXS is an ERC-20 token used for governance, staking and activities within the Axie ecosystem. In 2021, its Ethereum contract was upgraded to improve tracking by third-party data providers and provide compatibility with Ronin, the blockchain developed by Sky Mavis for Axie Infinity.

In 2026, Axie Infinity introduced Bonded AXS (bAXS), a non-transferable token backed 1:1 by AXS. AXS acts as the reserve asset for bAXS, which is used for a number of player rewards and activities within the Axie ecosystem.

Question 2

What is Axie Infinity Shards (AXS) used for?

Accepted Answer

AXS has several functions within the Axie Infinity ecosystem:

* **Governance:** Staked AXS contributes to a user's voting power in the Axie Governance Portal. Voting power can also depend on the user's Axie Score, which reflects certain forms of participation within the ecosystem.
* **Staking:** AXS holders can stake their tokens to receive AXS rewards. Staked AXS also contributes to voting power in ecosystem governance.
* **Ecosystem payments:** AXS can be used for activities including breeding Axies, ascension, evolution, forging and minting certain in-game items. It is also one of the tokens supported for purchases on the Axie marketplace.
* **Supporting bAXS:** AXS backs Bonded AXS on a 1:1 basis. bAXS is non-transferable and can be earned through Axie games and other ecosystem activities. It can be used for several functions within the ecosystem and can be converted to AXS, with the amount received affected by the user's Axie Score.

Player rewards that were previously distributed directly in AXS have increasingly moved to bAXS. This includes rewards from games and activities such as Axie Infinity: Origins, Axie Classic and Terrariums.

Question 3

Who created Axie Infinity Shards (AXS)?

Accepted Answer

Axie Infinity and its governance token, AXS, were created by Sky Mavis, a technology company focused on blockchain and gaming. The game was launched in 2018 by co-founders Trung Nguyen and Aleksander Larsen, with the aim of creating a blockchain-based game where players could own, trade and use digital assets across the Axie Infinity ecosystem.

Blockchain technology is used to give players ownership of in-game assets and to support governance through AXS. The token was later introduced to allow holders to participate in governance, stake AXS and interact with the ecosystem's economy. Sky Mavis also worked with Delphi Digital on the design of AXS, with the token model developed based on principles provided by the Sky Mavis team.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	AXS-USDT AXSUSDT	binance	AA	1.02USDT	1.90%	1,351,332.94AXS	21,136	0.9990USDT	1.03USDT
2	AXS-USDT AXS_USDT	whitebit	BB	1.02USDT	2.02%	487,331.37AXS	27,183	0.9988USDT	1.03USDT
3	AXS-USDT AXS-USDT	okex	A	1.02USDT	1.92%	195,870.69AXS	2,689	0.9986USDT	1.03USDT
4	AXS-USD AXS-USD	coinbase	AA	1.02USD	1.97%	121,442.53AXS	1,936	0.9977USD	1.03USD
5	AXS-USDT AXSUSDT	bybit	A	1.02USDT	1.68%	72,846.38AXS	2,535	0.9998USDT	1.03USDT
6	AXS-TRY AXSTRY	binance	AA	49.60TRY	2.48%	51,979.49AXS	482	48.40TRY	49.80TRY
7	AXS-USD AXSUSD	kraken	AA	1.02USD	1.80%	36,767.16AXS	247	1.00USD	1.03USD
8	AXS-USDC AXSUSDC	binance	AA	1.02USDC	1.90%	32,077.09AXS	648	0.9980USDC	1.03USDC
9	AXS-TRY AXS_TRY	whitebit	BB	49.65TRY	2.77%	31,580.92AXS	725	48.31TRY	50.16TRY
10	AXS-USDT AXS_USDT	gateio	A	1.02USDT	1.74%	28,923.33AXS	2,072	0.9987USDT	1.03USDT
11	AXS-BTC AXS_BTC	whitebit	BB	0.0₄1249BTC	0.32%	31,201.04AXS	189	0.0₄1245BTC	0.0₄1260BTC
12	AXS-USDT AXS-USDT	kucoin	BB	1.01USDT	1.40%	28,924.96AXS	917	1.00USDT	1.03USDT
13	AXS-USDC AXS_USDC	whitebit	BB	1.02USDC	1.90%	26,443.29AXS	446	0.9974USDC	1.03USDC
14	AXS-USDT AXSUSDT_SPBL	bitget	BB	1.02USDT	1.80%	19,084.51AXS	738	0.9980USDT	1.03USDT
15	AXS-EUR AXSEUR	kraken	AA	0.8840EUR	1.49%	8,510.80AXS	78	0.8710EUR	0.8900EUR
16	AXS-USDC AXS-USDC	okex	A	1.01USDC	-0.40%	8,381.12AXS	77	1.02USDC	1.02USDC
17	AXS-USD AXS_USD	cryptodotcom	AA	1.03USD	3.18%	1,823.60AXS	43	0.9953USD	1.03USD
18	AXS-EUR AXS-EUR	okex	A	0.8858EUR	1.42%	600.69AXS	31	0.8734EUR	0.8892EUR
19	AXS-USD AXS-USD	okex	A	0.9844USD	-1.05%	101.58AXS	2	0.9948USD	0.9948USD
20	AXS-USD axsusd	bitstamp	AA	1.00USD	0.00%	0AXS	0	1.00USD	1.00USD
21	AXS-USDT AXSUSDT	cexio	BB	1.02USDT	0.17%	39.74AXS	2	1.02USDT	1.02USDT
22	AXS-EUR axseur	bitstamp	AA	0.8300EUR	6.41%	27.16AXS	2	0.7800EUR	0.8300EUR
23	AXS-USD AXSUSD	cexio	BB	1.02USD	1.84%	20.61AXS	1	0.9996USD	1.02USD
24	AXS-EUR AXSEUR	cexio	BB	0.8630EUR	-3.08%	19.14AXS	1	0.8904EUR	0.8904EUR
25	AXS-TRY AXS-TRY	okex	A	48.31TRY	-1.63%	6.81AXS	2	49.11TRY	49.11TRY
26	AXS-USDT AXS_USDT	cryptodotcom	AA	1.02USDT	-0.10%	3.70AXS	1	1.02USDT	1.02USDT
27	AXS-USDT axs_usdt	lbank	C	1.02USDT	1.71%	1,880,814.39AXS	84,193	0.9993USDT	1.03USDT
28	AXS-KRW KRW-AXS	upbit	B	1,384.00KRW	1.10%	1,222,019.52AXS	3,012	1,369.00KRW	1,402.00KRW
29	AXS-USDT axsusdt	huobipro	C	1.02USDT	1.30%	857,881.85AXS	14,899	1.00USDT	1.03USDT
30	AXS-USDT axs_usdt	xtpub	-	1.02USDT	1.90%	721,592.79AXS	5,881	0.9990USDT	1.03USDT
31	AXS-USDT AXS_USDT	coinw	-	1.02USDT	1.79%	540,052.77AXS	3,255	0.9988USDT	1.03USDT
32	AXS-USDT AXSUSDT	bitrue	D	1.02USDT	1.80%	390,517.07AXS	38,670	0.9994USDT	1.03USDT
33	AXS-USDT AXS_USDT	bydfi	-	1.02USDT	1.50%	299,323.78AXS	3,057	1.00USDT	1.03USDT
34	AXS-USDT AXSUSDT	toobit	C	1.02USDT	1.70%	192,597.98AXS	7,209	1.00USDT	1.03USDT
35	AXS-USDT AXS-USDT	bigone	-	1.02USDT	1.70%	150,958.50AXS	4,682	0.9984USDT	1.03USDT
36	AXS-USDT axs_usdt	digifinex	D	1.02USDT	1.79%	143,811.80AXS	18,032	0.9990USDT	1.03USDT
37	AXS-KRW AXS_KRW	bithumbkorea	-	1,380.00KRW	1.02%	90,900.54AXS	590	1,366.00KRW	1,401.00KRW
38	AXS-USDT AXS_USDT	bitunix	C	1.02USDT	1.70%	89,423.61AXS	7,125	0.9990USDT	1.03USDT
39	AXS-USDT AXSUSDT	hitbtc	E	1.02USDT	1.81%	81,199.23AXS	1,181	0.9988USDT	1.03USDT
40	AXS-USDT AXSUSDT	mexc	C	1.02USDT	1.70%	67,530.05AXS	3,071	0.9995USDT	1.03USDT
41	AXS-EUR AXS-EUR	bitvavo	B	0.8832EUR	1.54%	66,002.28AXS	236	0.8698EUR	0.8912EUR
42	AXS-USDT AXS-USDT	bingx	D	1.02USDT	1.90%	57,459.76AXS	7,474	0.9980USDT	1.02USDT
43	AXS-USDC AXSUSDC	mexc	C	1.02USDC	1.75%	57,037.72AXS	3,004	0.9989USDC	1.03USDC
44	AXS-TRY AXSTRY	btcturk	E	49.49TRY	2.36%	48,997.69AXS	129	48.35TRY	49.62TRY
45	AXS-USDT AXSUSDT	latoken	D	1.02USDT	1.84%	41,876.45AXS	788	0.9981USDT	1.03USDT
46	AXS-USDT AXSUSDT	btcturk	E	1.02USDT	2.00%	9,931.64AXS	29	1.00USDT	1.02USDT
47	AXS-EUR AXSEUR	bit2me	B	0.8840EUR	1.49%	8,510.80AXS	78	0.8710EUR	0.8900EUR
48	AXS-USDT sAXSUSDT	phemex	C	1.00USDT	0.00%	0AXS	0	1.00USDT	1.00USDT
49	AXS-USDT AXS_USDT	cryptology	D	1.02USDT	1.73%	7,483.51AXS	306	1.00USDT	1.03USDT
50	AXS-THB THB_AXS	bitkub	C	33.70THB	0.63%	7,149.18AXS	62	33.49THB	40.88THB