Axie Infinity

Axie Infinity is a blockchain-based game in which players collect, breed, and battle digital creatures called Axies, each represented as a non-fungible token. AXS is the governance token for that game universe, giving token holders the ability to vote on proposals that shape how the game evolves — a design intended to hand players influence that is typically reserved for the developer alone. The token is aimed at gamers who want a stake in the decisions governing a game they actively play.

AXS is an Ethereum-ecosystem token that also has presence across the BNB Chain and Harmony ecosystems, and it underpins the broader Axie Infinity ecosystem including its own sidechain, Ronin. Within the system, holders can stake AXS to earn additional AXS and participate in governance votes, making the token simultaneously a staking instrument and a voting right. The block time stored for this asset is zero minutes, indicating that on-chain block-production data is not meaningfully captured here.

The protocol generated 121,912 dollars in fees over the trailing 30 days and 1,693,872 dollars over the trailing 12 months, with fees in the most recent 30-day window growing 26.53 percent compared with the prior period. Of those 30-day fees, the protocol retained 117,640 dollars as revenue — reflecting a take rate of roughly 96.5 percent — while only 4,272 dollars flowed to the supply side, meaning liquidity providers or other non-protocol participants receive a very small share. Annualizing the trailing 30-day figures produces fees of approximately 1,483,263 dollars and protocol revenue of approximately 1,431,287 dollars, giving a market-cap-to-fees ratio of 110.1 and a market-cap-to-revenue ratio of 114.1.