Trade AXS/USD
Axie Infinity / US Dollar
Axie Infinity is a blockchain-based battle game where players collect, breed, and battle NFT creatures called Axies, with AXS serving as the governance and staking token of the ecosystem.
Specifications
About Axie Infinity (AXS/USD)
Axie Infinity, developed by Sky Mavis, became one of the defining projects of the 2021 NFT boom by demonstrating that blockchain games could generate real income for players, particularly in Southeast Asia where many players turned to Axie as a primary income source. Players earn SLP tokens by winning battles and completing quests, while AXS serves as the governance and staking layer for the broader ecosystem including the Ronin sidechain that Axie runs on. The play-to-earn model attracted hundreds of thousands of players but also created an inflationary token economy that struggled to balance earnings with token supply. Sky Mavis has since rebuilt the game mechanics toward gameplay quality with Axie Infinity Origins. AXS/USD on StoicFX is a CFD, no AXS tokens are purchased or held on your behalf.
Key Price Drivers
- Daily active players and in-game transaction volume on the Ronin sidechain
- Play-to-earn and web3 gaming sentiment cycles affecting AXS as a market proxy
- Ronin ecosystem expansion with new games reducing single-game concentration risk
- Sky Mavis game mechanic updates and economic rebalancing decisions for sustainable tokenomics
Peak Trading Hours
Gaming and metaverse token CFDs trade around the clock on StoicFX MT5. Volume follows US and European hours but can spike at any time when game launches, NFT drops, or partnership announcements gain traction.
US and European business hours (13:00-21:00 UTC)
Social media hype cycles and in-game economy changes can trigger sharp moves outside of peak hours. Available on MT5 from Monday 00:00 to Friday 23:59 UTC.
How to Trade AXSUSD on StoicFX
Open an Account
Register for a live or demo account in minutes.
Fund Your Account
Deposit via bank transfer, card, crypto, or e-wallet.
Find AXSUSD in MT5
Open MetaTrader 5, search for AXSUSD in Market Watch, and add it to your chart.
Place Your Trade
Set your lot size, stop loss, and take profit, then execute your order.
FAQ
What happened to Axie Infinity's economy and how has Sky Mavis responded?
Axie's original economy created a self-reinforcing cycle: rising token prices attracted more players, who earned more SLP, which required more breeding and Axie purchases, which pushed prices higher. When token prices peaked and new player growth slowed, the model inverted, excess SLP supply collapsed token prices, players stopped earning meaningfully, and the player base contracted rapidly. Sky Mavis responded by reducing SLP emissions, adding token sinks, rebuilding core game mechanics in Axie Infinity Origins, and expanding Ronin as a gaming platform to diversify revenue beyond a single game.
What is the Ronin sidechain and why did Sky Mavis build it?
Ronin is an Ethereum sidechain built by Sky Mavis to handle Axie Infinity's transaction volume at costs that made in-game actions economically viable. Ethereum mainnet fees in 2021 would have made breeding, trading, and battling unaffordable for retail players. Ronin allows near-zero fee transactions by sacrificing some decentralization through a validator set controlled by Sky Mavis and partners. Ronin has since opened to other gaming projects to expand beyond Axie.
What does AXS governance actually control?
AXS holders can vote on changes to the Axie Infinity Community Treasury, which accumulates fees from Axie breeding, marketplace trades, and Ronin validator rewards. Governance proposals can direct treasury funds toward game development, ecosystem grants, or token buybacks. AXS stakers also earn a portion of the treasury's yield as staking rewards.
Does trading AXS/USD on StoicFX mean I hold tokens?
No. AXS/USD on StoicFX is a Contract for Difference. You trade AXS's price against the US dollar without holding any tokens. To play Axie Infinity, stake for rewards, vote on governance proposals, or earn from Ronin ecosystem activity, you would need actual AXS tokens in a Ronin or Ethereum-compatible wallet.
Start Trading AXS/USD
Open a live account or practice risk-free on demo.
CFDs are complex instruments and carry a high risk of rapid capital loss due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.