SLP
$0.0006281447757113828

Smooth Love Potion (SLP) Price

$0.0006281447757113828
1m
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Smooth Love Potion (SLP) Price Today

The live price of Smooth Love Potion is 0.0006281447757113828 USD. In the past 24 hours, the trading volume of Smooth Love Potion was 2,870,350.36 USD, up by 4.77%. The current price has decreased by -22.08% from its 7-day high of 0.39 USD, and increased by 0.00054946% from its 7-day low of 0.00058167 USD. With a circulating supply of 36,435,906,763.00 Smooth Love Potion, the market cap of Smooth Love Potion is currently 62,763,740.00 USD, down by 0% in the last 24 hours. Smooth Love Potion currently ranks #740 by market capitalization among cryptocurrencies.

Smooth Love Potion (SLP) Market Data

Market Cap
$23.5M
24h Volume
$2.8M
Circulating Supply
36.4B SLP
Maximum Supply
--
Fully Diluted Market Cap
$23.5M
Liquidity Indicator
12.17%
About
Rate
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FAQ

About Smooth Love Potion (SLP)

How can I buy Smooth Love Potion (SLP)?

Buying Smooth Love Potion (SLP) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase Smooth Love Potion (SLP) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy SLP Guide for more information.

What Is Smooth Love Potion (SLP) and How Does It Work?


Smooth Love Potion (SLP) is an in-game utility token used in Axie Infinity, one of the most well-known blockchain-based play-to-earn games. SLP is primarily designed as a reward token that players earn through gameplay activities. Unlike fixed-supply cryptocurrencies, SLP is issued dynamically based on player participation, making it closely tied to the health and activity level of the Axie Infinity ecosystem.

SLP’s core function is to support Axie breeding. Players must spend SLP to breed new Axies, which introduces a natural token burn mechanism into the game’s economy. This creates a balance between token issuance through gameplay rewards and token consumption through breeding, linking SLP’s supply and demand directly to in-game activity, player growth, and economic updates introduced by the Axie Infinity team.

From a market perspective, SLP also functions as a tradable crypto asset. After earning SLP in-game, players can transfer it to supported wallets or exchanges and trade it on the open market. As a result, SLP sits at the intersection of gaming utility and crypto trading, with its value influenced by gameplay demand, breeding mechanics, player adoption, and broader market sentiment toward Web3 gaming tokens.

When Did Smooth Love Potion Launch?


Smooth Love Potion (SLP) was introduced as a utility token for the Axie Infinity ecosystem in December 2019, created by the game’s developer Sky Mavis as part of its play-to-earn economy to reward players and enable breeding of Axies. The token emerged alongside Axie’s growing popularity, drawing inspiration from early blockchain games like CryptoKitties and designed to bridge gameplay rewards with tradable crypto value on exchanges. Sky Mavis itself was founded in 2017 by a team including Trung Thanh Nguyen and Aleksander Larsen, with the goal of redefining player ownership and incentives through blockchain technology.

Smooth Love Potion Key Historical Milestones and Roadmap


- Dec 2019 – SLP launched as an in-game utility token enabling Axie breeding.

- 2021 – Axie Infinity and SLP saw massive growth, with player adoption driving high demand and price spikes.

- Feb 2021 – Ronin sidechain launched to reduce gas fees and support SLP scalability.

- 2022 – SLP experienced dramatic price volatility amid broader crypto market downturns.

- 2024 – Tokenomics reforms introduced to cap total SLP supply and target deflationary measures.

- Jan 2026 – Axie Infinity amended emission rules, curbing new SLP rewards in the Origins mode to reduce inflationary pressure.

What Is the SLP Token Utility?


Smooth Love Potion (SLP) is a core utility token within the Axie Infinity ecosystem. Its primary function is Axie breeding; players must spend SLP to create new Axies, making the token an essential economic input rather than a governance or staking asset. This breeding requirement acts as SLP’s main burn mechanism, directly linking token demand to in-game activity, player growth, and competitive meta changes.

Beyond gameplay, SLP also serves as a reward and liquidity token. Players earn SLP through gameplay modes and can freely transfer it outside the game, allowing SLP to function as a bridge between Axie’s in-game economy and the broader crypto market. Its value is therefore influenced by breeding demand, reward emissions, player participation levels, and ongoing economic adjustments by the Axie development team.

You can trade SLP tokens on the BingX spot market by buying or selling popular trading pairs such as SLP/USDT with real-time price data and deep liquidity. BingX allows you to hold SLP directly on the exchange for active trading or transfer your tokens to an external wallet for self-custody.

What Is Smooth Love Potion Tokenomics?


Smooth Love Potion (SLP) follows a dynamic, utility-driven tokenomics model tied directly to gameplay activity in Axie Infinity, rather than a fixed hard cap. As of February 2026, SLP has a total and circulating supply of approximately 36.44 billion tokens, with no maximum supply limit, reflecting its ongoing issuance through gameplay rewards. The token is widely distributed across the ecosystem, with around 100,520 on-chain holders, positioning SLP as a mature in-game currency whose supply and market behavior are closely shaped by player participation, emission controls, and economic updates within the Axie Infinity ecosystem.

The most significant shift came in January 2026, when Axie Infinity’s developer Sky Mavis implemented a major economic reform. Starting January 7, SLP emissions from the Origins game mode were fully halted, breaking the long-standing “farm-and-dump” loop driven by automated bot farms. This sharply reduced daily SLP issuance, cutting inflationary pressure by over 30% and easing persistent sell-side pressure that had weighed on the token in previous cycles.

At the same time, Sky Mavis introduced bAXS (Bonded AXS), a non-transferable reward token that replaced freely tradable AXS incentives. bAXS is bound to player accounts and can only be used for in-game consumption, staking, or governance, not speculative trading. Players with strong reputations benefit from lower selling fees, reinforcing incentives for genuine gameplay while discouraging bots and short-term farming. According to co-founder Jihoz, these changes represent the largest overhaul of Axie Infinity’s economy since 2021 and lay the groundwork for renewed player engagement alongside upcoming content such as the Atia’s Legacy MMO beta.

 

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Frequently Asked Questions about SLP (Smooth Love Potion)

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What is the price prediction for SLP (Smooth Love Potion)?
What is the all-time high price of SLP (Smooth Love Potion)?
What is the all-time low price of SLP (Smooth Love Potion)?
How many SLP (Smooth Love Potion) are there in circulation?
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How to trade SLP (Smooth Love Potion) on BingX?
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How do I cash out my SLP (Smooth Love Potion)?
How Does SLP Differ From AXS in the Axie Infinity Ecosystem?
How to Earn Smooth Love Potion on Axie Infinity
What Blockchain Does Smooth Love Potion Token Operate on?
How to Store SLP Tokens Securely
Is Smooth Love Potion (SLP) a Good Investment?
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