Axie Infinity (AXS) is a pioneer of Play-to-Earn (P2E) gaming, where players collect, breed, and battle NFT-based creatures (Axies). Operating on the Ronin sidechain, it built a massive user base centered in Southeast Asia. The AXS token is used for governance, staking, and in-game rewards.

Axie Infinity (AXS)

## Summary: Not Delisted Yet

If you're searching for "Axie Infinity delisting," you're likely holding AXS or considering buying it. Once the flagship P2E game, Axie Infinity has crashed 99% from its peak. Will it be delisted? **Currently, AXS is NOT delisted from major exchanges**, but the situation warrants careful monitoring.

## Current State of Axie Infinity

Axie Infinity (AXS) is a P2E game created by Vietnam's Sky Mavis in 2018. At its peak in 2021, it had 2.8 million monthly active users, and the token reached an all-time high of **$164.90**.

Today? AXS trades around **$1.16** — a **99.3% decline** from its peak. Market cap has dropped to #173 on CoinMarketCap. Daily active users fell from 2.7 million to roughly 350,000.

## Exchange Listing Status

**Korean exchanges**: AXS is listed on Upbit, Bithumb, Coinone, and Korbit — all major Korean exchanges.

**Global exchanges**: Binance, Coinbase, OKX, Bybit, and Kraken all support AXS trading.

No monitoring tags or delisting warnings have been issued as of April 2026.

## Why Delisting Concerns Exist

### 1. Trading Volume Decline

Exchanges typically review coins for delisting when trading volume drops below certain thresholds. AXS volume has decreased dramatically since 2021.

### 2. Ronin Bridge Hack (2022)

In March 2022, the Ronin network (Axie's sidechain) was hacked for **$600 million** — the largest DeFi hack ever. The FBI confirmed North Korea's Lazarus Group was responsible.

### 3. Structural P2E Model Limitations

Axie's economic model required constant new user inflow. When new users stopped joining in late 2022, the model collapsed.

## Project Status

Sky Mavis continues development. **Axie Infinity: Origins** offers free-to-play gameplay, and Axie Homeland (land-based game) is in development. However, key metrics remain far below peak levels.

## Investment Considerations

**Case for selling**: Already down 99%, but if the project fails to recover, delisting remains possible.

**Case for holding**: Current prices may be near bottom. A 2025-2026 bull market could revive interest in P2E.

**Recommendation**: Consider partial positions rather than all-or-nothing approaches.

## FAQ

**Q. Can I still buy AXS in Korea?**

Yes, available on Upbit, Bithumb, Coinone, and Korbit.

**Q. Does delisting mean the coin becomes worthless?**

No. Delisting means trading stops on that specific exchange. The coin retains value if tradeable elsewhere.

**Q. Is the Axie game still playable?**

Yes. Axie Infinity: Origins is free-to-play and operational.

## Conclusion

Axie Infinity is NOT delisted from Korean or global exchanges. However, given its 99% price decline, reduced user base, and hack aftermath, concerns about future delisting are understandable. If holding AXS, monitor exchange announcements regularly.

AXS

Axie Infinity (AXS)

Will Axie Infinity (AXS) Be Delisted? Current Status and Investment Analysis