The current real-time price of SLP is $0.0008. In the past 24 hours, SLP has traded between $0.0008 and $0.0008, showing strong market activity. The all-time high of SLP is $0.3997, and the all-time low is $0.0007.
From a short-term perspective, the price change of SLP over the past 1 hour is , over the past 24 hours is +0.22%, and over the past 7 days is +1.18%. These figures provide a quick overview of the latest price trends and market dynamics of SLP on LBank.-1.48%
The live price of SLP today is $0.0008, with a current market cap of $31.051M. The 24-hour trading volume is 11M. The price of SLP to USD is updated in real time.
Before deciding whether to buy or sell SLP, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SLP technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SLP.
How much will SLP be worth tomorrow, next week, or next month in ? What about your SLP assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SLP Price Prediction
To learn more about SLP, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x0529...c553b7  | 2.761B | 16.33% |
ethereum | 0xcffa...290703 | 993.992M | 5.88% |
ethereum | 0xf977...41acec | 876.987M | 5.19% |
ethereum | 0xa023...fc947e | 817.813M | 4.84% |
ethereum | 0xedc6...c487c9 | 813.587M | 4.81% |
Other | 10.645B | 62.96% |
Smooth Love Potion (SLP) is an essential ERC-20 utility token within the Axie Infinity ecosystem. Its primary function is to facilitate the breeding of new digital pets, known as Axies. SLP is crucial for expanding a player's collection and is central to the game's economy, enabling players to create new Axies with unique traits and abilities.
SLP (Smooth Love Potion) and AXS (Axie Infinity Shards) serve distinct purposes within the Axie Infinity universe. SLP is an uncapped-supply utility token earned through gameplay, mainly used for breeding. AXS, on the other hand, is a capped-supply governance token. Holders of AXS have voting rights on key project decisions and are eligible for higher-tier rewards, representing a form of ownership and influence.
In the current iteration of Axie Infinity, called "Origins," players primarily earn Smooth Love Potion (SLP) by participating in Ranked Arena battles. Winning these competitive matches, where players strategically use their Axies, is the main method for acquiring SLP. It's important to note that traditional methods like earning SLP through "Adventure Mode" or "Daily Quests" are no longer active in the game's current mechanics.
No, Smooth Love Potion (SLP) does not have a predetermined maximum supply. New SLP tokens are continuously minted as players earn them through various in-game activities. This uncapped supply is a fundamental aspect of SLP's design, intended to support the ongoing utility and demands of the Axie breeding mechanic and other in-game consumptions. Its dynamic supply is managed through burning mechanisms.
The SLP "Burn Mechanism" refers to the processes by which Smooth Love Potion tokens are permanently removed from circulation, essentially destroying them. This mechanism is critical for managing the token's supply and mitigating inflation. The primary ways SLP is burned include its consumption when players breed new Axies. Additionally, crafting specific in-game items, such as Runes and Charms within the Axie Infinity ecosystem, also requires and burns SLP tokens.
The Axie Infinity project, which uses SLP, remains under active development by Sky Mavis. It has evolved significantly beyond its initial "Play-to-Earn" focus. Key updates include the launch of Axie Infinity: Origins, which revamped gameplay and earning mechanics, and Homeland, introducing land-based strategic elements. Ongoing development and a continuous focus on enhancing the ecosystem demonstrate active commitment and refute claims of the project being dormant.
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