AXS is the governance token for the Axie Infinity game. Token holders will be able to shape and vote for the direction of the game universe. This is unlike traditional games where all decisions are made by the game developers. AXS holders will be able to stake their tokens to earn more AXS and even vote for governance proposals.
Order Book
Connecting…Price Chart: AXS
Largest Bid Walls
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Largest Ask Walls
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AXS Funding Rate History
Last 7 days · 168 intervalsOver the last 7 days, AXS funding has averaged 0.00050% per hour, an annualised rate of 4.4%. Longs paid shorts in 93% of intervals, meaning positioning has leaned long and holding a long position carried an ongoing cost. The rate ranged from -0.02451% to 0.00125%. Work out what this costs on your own position with the funding rate calculator.
AXS funding & market FAQ
What is the current AXS funding rate?
The current AXS funding rate on Hyperliquid is -0.00567% per hour, with a predicted next rate of -0.00544%. Over the past 7 days it has averaged 0.00050%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.
Who pays funding on AXS right now?
The rate is negative, so shorts pay longs. This happens when the perpetual trades below spot price, and it means long positions are being paid to stay open. See how funding rates work for the full mechanism.
What does AXS open interest tell me?
AXS currently has $581,903 of open interest, ranking #251 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.
What is my liquidation price on a AXS position?
At the current mark price of $1.3589, a 10x long would be liquidated around $1.2230 and a 10x short around $1.4948. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.
Can I trade AXS perpetuals without an account?
Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's AXS positions, entries and realised PnL by pasting their wallet address — no sign-up needed.
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