How Axie Infinity Has Become The Second Largest Fee Revenue Generator

How Axie Infinity Has Become The Second Largest Fee Revenue Generator


Axie Infinity has been on an absolute tear lately. The play-to-earn platform has become the face of a new integration of crypto and gaming that holds unbelievable potential.

Axie Infinity has surpassed 1M daily active users, and is generating more revenue than any protocol or platform with the lone exception of Ethereum. Yes, Axie Infinity is yielding more fee revenue than major platforms such as OpenSea, Uniswap, Bitcoin, or the Binance Smart Chain.

If you weren’t already paying attention to Axies, you probably should be. Need to get up to speed on the basics? Check out our report from a couple months ago on the emergence of Axies.

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Axie Infinity: On Top Of The Charts

A series of tweets from Coinbase Ventures’ Connor Dempsey lays out the short and sweet of the story quite well. As Dempsey aptly notes, every Axie transaction collects a priced-in fee – either in $SLP or $AXS.

At the time of writing, in the

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