What is Axie Infinity's market cap?

Multiply the live AXS price by the circulating supply — around 174.2 million AXS as of 5 August 2026. The calculator above loads the current price and does this for you; the result updates the moment you change either field.

How do I calculate the AXS price at a given market cap?

Divide the target market cap by the circulating supply. The comparison field above does it directly and also shows the multiple against today's AXS price, which is usually the more sobering number.

What is Axie Infinity's fully diluted valuation?

FDV prices all 270 million AXS at the current price, including coins not yet circulating. The difference between FDV and market cap is the supply still to enter the market — worth knowing before you treat market cap as the whole picture.

How do you calculate crypto market cap?

Market cap = current price × circulating supply. A coin at $2 with 500 million coins in circulation has a $1 billion market cap. Note that it is circulating supply, not total supply — tokens still locked in vesting contracts or a treasury are excluded.

What is the difference between market cap and FDV?

Market cap uses only the coins in circulation today. Fully diluted valuation (FDV) prices every coin that will ever exist, including locked and unminted supply. A project with a $200M market cap but a $2B FDV has 90% of its supply still to hit the market.

Axie Infinity · AXS

Axie Infinity Market Cap Calculator

Calculate Axie Infinity (AXS) market cap from the live AXS price and circulating supply — plus FDV, and the price AXS would need to reach any target valuation.

Result

Enter values to see the result.

Using the Axie Infinity Market Cap Calculator

Market cap is simply the live AXS price multiplied by the number of coins in circulation, and this page does that with the current price loaded for you. The supply field starts at roughly 174.2 million AXS, which is where it stood on 5 August 2026 — supply moves, so check it against a market data source if you need an exact figure, and edit the field.

Axie Infinity's supply is bounded at 270 million AXS, so the fully diluted valuation is a real ceiling rather than an open-ended one. The MC/FDV row shows how much of that supply is already trading: the closer it is to 100%, the less future dilution is waiting for you, and for AXS that gap is currently 65%.

The comparison field answers the question people actually come here for: what would AXS be worth at some other valuation? Enter a target market cap and the calculator returns the implied AXS price and the multiple from here. It is arithmetic, not a forecast — reaching a larger cap means absorbing every holder willing to sell on the way, and aXS fell more than 99% from its 2021 high and now trades on gaming-narrative cycles rather than on the game's own numbers.

Axie Infinity at a glance

Launched: 2018; peak activity in 2021
Chain: Ronin, an Ethereum sidechain built for the game
Max supply: 270,000,000 AXS
Role: Governance, breeding costs and staking within the game economy
Ronin bridge hack: ~$625m stolen in March 2022, later reimbursed by the team
Native staking: Yes — stake AXS in the game's own contract

Frequently asked questions

What is Axie Infinity's market cap?: Multiply the live AXS price by the circulating supply — around 174.2 million AXS as of 5 August 2026. The calculator above loads the current price and does this for you; the result updates the moment you change either field.
How do I calculate the AXS price at a given market cap?: Divide the target market cap by the circulating supply. The comparison field above does it directly and also shows the multiple against today's AXS price, which is usually the more sobering number.
What is Axie Infinity's fully diluted valuation?: FDV prices all 270 million AXS at the current price, including coins not yet circulating. The difference between FDV and market cap is the supply still to enter the market — worth knowing before you treat market cap as the whole picture.
How do you calculate crypto market cap?: Market cap = current price × circulating supply. A coin at $2 with 500 million coins in circulation has a $1 billion market cap. Note that it is circulating supply, not total supply — tokens still locked in vesting contracts or a treasury are excluded.
What is the difference between market cap and FDV?: Market cap uses only the coins in circulation today. Fully diluted valuation (FDV) prices every coin that will ever exist, including locked and unminted supply. A project with a $200M market cap but a $2B FDV has 90% of its supply still to hit the market.

More AXS calculators

Axie Infinity Profit Calculator

Free Axie Infinity (AXS) profit calculator. Enter your buy and sell price to see AXS profit, loss, ROI and fees — prefilled with the live AXS price.

Axie Infinity DCA Calculator

Free Axie Infinity (AXS) dollar-cost-averaging calculator. Model recurring AXS buys to see coins accumulated, average entry and portfolio value at today's live price.

Axie Infinity Average Buy Price Calculator

Work out your weighted average Axie Infinity (AXS) entry price across multiple buys — and see exactly where your break-even sits.

Axie Infinity Staking Calculator

Estimate Axie Infinity (AXS) staking rewards over any period. Prefilled with a typical AXS reward rate and the live AXS price — edit both to match your validator.

Axie Infinity Liquidation Price Calculator

Find the exact Axie Infinity (AXS) price that liquidates your leveraged position. Prefilled with the live AXS price — set your leverage and direction.

Prefer the generic version without AXS presets? Open the Crypto Market Cap Calculator.

For educational purposes only. Rates, fees and protocol parameters change — verify current figures with your exchange or validator before acting. Not financial advice.