The pioneer of play-to-earn gaming is staging a comeback. AXS powers Axie Infinity, the blockchain game that introduced millions to crypto through its breeding, battling, and trading mechanics built on the Ronin Network. After falling 98% from its November 2021 all-time high of $164.90, the token recently surged over 100% in a single week following major tokenomics changes, including halting SLP emissions to combat bot farming and introducing bAXS rewards. Currently trading around $2.00 with a market cap near $350 million, AXS represents both GameFi's original success story and its potential second act.
For traders positioning around the blockchain gaming revival or the upcoming Atia's Legacy MMO launch, LeveX provides access to AXS through both spot and futures markets. This guide covers everything you need to know about buying Axie Infinity tokens efficiently.
What is AXS?
AXS (Axie Infinity Shards) serves as the governance and utility token for the Axie Infinity ecosystem. The game allows players to collect, breed, battle, and trade fantasy creatures called Axies, each represented as unique NFTs with distinct attributes and abilities. Sky Mavis, the Vietnamese studio behind the project, pioneered the play-to-earn model that became a global phenomenon in 2021.
The token operates on Ronin, an Ethereum sidechain built specifically for Axie Infinity to solve scalability issues. This dedicated infrastructure enables fast, low-cost transactions essential for gaming applications. The network's history includes a significant bridge hack in 2022, from which the ecosystem has since recovered.
AXS functions within the ecosystem include:
| Utility | Description |
|---|---|
| Governance | Voting on ecosystem proposals via Axie DAO |
| Staking | Earning rewards for securing the network |
| Marketplace | Purchasing Axies, land plots, and items |
| Gaming Access | Entry requirement for gameplay modes |
The token has a maximum supply of 270 million AXS, with approximately 170 million currently circulating. The January 2026 tokenomics revamp, which disabled SLP farming rewards, aims to reduce inflation and combat bot exploitation.
Buying AXS Spot Trading
Step 1: Access Spot Trading
Navigate to AXS spot trading to access the trading interface. The spot market allows direct AXS token purchases that settle immediately to your account.
Step 2: Place Your Order
Enter your desired AXS quantity or USDT amount to spend. Market orders execute instantly at prevailing prices. Limit orders wait until your specified price becomes available. Given AXS's recent volatility, with 100%+ weekly swings, limit orders help secure better entry points during pullbacks.
Step 3: Confirm and Execute
Review order details including total cost and applicable fees. LeveX spot trading fees start at 0.1% with reductions available through our VIP program. Confirm to complete your purchase.
Spot purchases grant actual token ownership. Holding AXS enables staking for rewards, governance participation, and potential use in upcoming features like the Atia's Legacy MMO scheduled for open beta in 2026. Questions about the project's viability? Our analysis covers whether Axie Infinity is dead or positioned for resurgence.
Trading AXS Perpetual Futures
Step 1: Access Futures Trading
Go to AXS perpetual futures to access leveraged trading capabilities. The futures interface includes position management tools, funding rate monitoring, and risk metrics suited for GameFi token volatility.
Step 2: Configure Your Trading Setup
Select leverage ratio up to 100x based on your risk tolerance. Choose position direction: Long for bullish outlook on GameFi rotation and ecosystem improvements, Short for expectations of profit-taking after the recent surge. Configure stop-loss and take-profit levels carefully.
AXS demonstrated extreme moves recently, jumping from $0.78 lows in December 2025 to over $2.00 in January 2026. This 150%+ rally accompanied by 300%+ volume increases suggests strong momentum, though such moves often see significant retracements. Check price prediction analysis for technical perspectives.
Step 3: Monitor and Manage Positions
Perpetual futures require active management due to funding rates and GameFi sector sentiment shifts. News about Atia's Legacy development, tokenomics adjustments, or broader gaming token rotation can trigger rapid price movements in either direction.
Futures trading provides exposure to AXS price movements without owning actual tokens. This approach enables profit opportunities in both rising and falling markets while offering capital efficiency through leverage.
Why Choose LeveX for AXS Trading
LeveX offers distinct advantages for trading Axie Infinity tokens:
Competitive Fee Structure
LeveX provides industry-leading trading fees starting at 0.02% for futures makers, scaling down to 0.0060% for high-volume traders through our VIP program. These rates prove essential when trading volatile GameFi assets with frequent position adjustments.
Advanced Trading Tools
Our platform features Multi-Trade Mode, enabling simultaneous AXS positions with different leverage ratios and risk parameters. This functionality proves valuable when implementing strategies around game updates, tokenomics changes, or GameFi sector rotations.
Superior Execution Quality
Deep order books minimize slippage during volatile periods. The recent AXS surge saw trading volume exceed market cap, making execution quality critical for capturing moves without excessive slippage.
Proven Security Standards
LeveX maintains an 'A' security rating from cer.live with transparent Proof of Reserves verification. Your funds remain protected while accessing AXS trading opportunities through both spot and leveraged instruments.
GameFi's Original and Its Second Chance
Axie Infinity wrote the playbook for blockchain gaming before market conditions and economic design flaws humbled the project. The 2026 tokenomics overhaul, including SLP emission cuts and bAXS introduction, addresses core issues that plagued the ecosystem. Whether these changes restore sustainable player economics remains the central question.
For traders, AXS offers exposure to both GameFi sector rotation and a specific turnaround thesis. The best wallets for Axie support self-custody for those accumulating long-term positions, while LeveX futures enable tactical trading around development milestones.
Ready to trade AXS? Access spot markets for direct token ownership or futures contracts for leveraged exposure. Explore our Crypto in a Minute series for guides on other gaming tokens and blockchain ecosystems.
