What is the current price of Smooth Love Potion?
The current price of Smooth Love Potion is $0.0005674 with a 0.83% change in the last 24 hours.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
Smooth Love Potion is the in-game consumable token of Axie Infinity, the creature-collecting game built by Vietnamese studio Sky Mavis. It is not a governance token and does not secure a network. Its purpose is narrow: earned through gameplay, spent inside the game, primarily to breed new Axies and to power crafting and morphing.
SLP has no supply cap. It is minted by gameplay and destroyed when players spend it, so the token count is whatever the balance of those two flows produces. That is the single most important thing to understand about SLP, because the collapse of the play-to-earn era was largely a story about emissions outrunning sinks.
The token lives on Ronin, the gaming chain Sky Mavis built for Axie. A direct read of the Ronin contract in September 2026 confirms the symbol is SLP and that the token has zero decimals, so it is only ever held in whole units.
Official sources:
SLP was created by Sky Mavis, founded in 2018 by a team including Trung Nguyen and Jeffrey Zirlin, as the reward currency for Axie Infinity. It launched as an ERC-20 on Ethereum under the name Small Love Potion, and was renamed and migrated when Sky Mavis moved the game to its own Ronin sidechain in 2021 to escape Ethereum gas costs.
What followed is one of the most documented episodes in crypto gaming. During 2021, Axie Infinity became a genuine source of income in the Philippines, Venezuela and elsewhere, with guilds such as Yield Guild Games lending Axies to players called scholars who farmed SLP and split the proceeds.
The economics did not hold. SLP was minted continuously by everyone playing, while the main sink, breeding, depended on demand for new Axies. When player growth slowed, minting kept running and breeding demand fell. Sky Mavis responded with a series of interventions rather than one fix.
Two events then reshaped the ecosystem. In March 2022, attackers compromised five validator keys on the Ronin bridge and withdrew 173,600 ETH and 25.5 million USDC. The first unauthorized transactions were on 23 March and the breach was only discovered on 29 March, giving the attackers roughly six days. The US Treasury's Office of Foreign Assets Control attributed the theft to North Korea's Lazarus Group. Sky Mavis raised additional funding led by Binance, reimbursed affected users, expanded the validator set and relaunched the bridge with tighter controls. Separately, in January 2026, Sky Mavis ended SLP emissions in Origins.
Minting through gameplay SLP is emitted by the game's reward systems. Sky Mavis does not sell it to players, and it is not mined or staked into existence. Emission rules are set by the game rather than a fixed protocol schedule, so Sky Mavis can and does change them.
Burning through breeding Breeding two Axies consumes SLP and AXS. The SLP cost escalates with each breed an Axie has already performed, and an Axie can be bred a maximum of seven times before it becomes sterile, a cap that exists to limit Axie supply inflation. Cost per breed has been adjusted several times, so consult the official whitepaper for current figures rather than older articles.
Other sinks SLP is also deposited for crafting and morphing. When Origins emissions ended in January 2026, Sky Mavis explicitly left these deposit paths in place, so SLP kept a use even where it stopped being minted.
Settlement on Ronin All of this settles on Ronin, a delegated proof-of-stake chain with a validator set that has been progressively expanded since 2022. Ronin has broadened beyond Axie into a general gaming chain.
SLP has one job: it is the consumable currency inside Axie Infinity. It is used to:
SLP confers no governance rights, no staking yield and no claim on Sky Mavis revenue. Those belong to AXS.
On supply, be precise: SLP is uncapped. No maximum issuance is written into the token, and any source implying a fixed cap is wrong. What has changed is the rate of issuance. Sky Mavis has repeatedly cut emission sources, removing SLP from adventure and player-versus-environment modes in 2022, adjusting arena rewards, and ending Origins emissions on 7 January 2026 to shut down automated bot farming, a change it said removed a large share of daily new supply.
Most gaming tokens are governance or ecosystem assets with fixed supplies and vesting schedules. SLP is the opposite: a pure sink-and-faucet currency with no cap, no vesting and no governance. The closest comparisons are other dual-token game economies, where a capped governance token sits above an uncapped utility token. The AXS and SLP pairing is the reference implementation of that pattern and the clearest demonstration of its failure mode. Later games learned from it by capping per-account emissions, gating rewards behind spending, or removing the tradeable reward currency entirely.
SLP itself is a simple token contract; the meaningful security surface is Ronin. Ronin uses delegated proof of stake with a validator set that was small enough in 2022 for five key compromises to control the bridge. Since the hack the validator set has been expanded and withdrawals subject to additional safeguards. Anyone bridging SLP between Ronin and Ethereum is relying on that bridge. The legacy Ethereum contract still exists, but Ronin is where the game's activity lives.
SLP matters less as an investment thesis than as economic history. It is the clearest case study of a tokenized game economy at scale, including the part where it broke. The lessons drawn from it, that emissions must be bounded, that sinks must scale with faucets, and that speculative demand is not player demand, now shape how serious studios approach token design. It also remains a working part of a game that is still running.
SLP is available on a number of centralized exchanges and on Ronin-native decentralized venues such as Katana. Availability and pairs vary by venue and jurisdiction. Because SLP has zero decimals, it can only be held in whole units, which occasionally surprises interfaces that assume fractional balances.
SLP is often available on:
Common pairs include SLP/USDT where supported.
SLP can be held:
Ronin and Ethereum use different SLP contracts, so confirm which network an exchange is sending on before withdrawing.
You can compare SLP with related projects on Coinrithm:
Track Smooth Love Potion live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for Smooth Love Potion on CoinRithm before using real money.
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Read the complete paper trading guideThe current price of Smooth Love Potion is $0.0005674 with a 0.83% change in the last 24 hours.
The daily trading volume is $157,092 representing a 57.18% change in the past 24 hours.
The market capitalization of Smooth Love Potion is $20,540,453, ranking #527 globally.
The fully diluted valuation (FDV) of Smooth Love Potion is $20,540,453, calculated assuming the total supply of 36,200,903,160 SLP is in circulation.
Circulating: 36,200,903,160. Total: 36,200,903,160. Max: N/A.
In the last 24 hours, Smooth Love Potion traded between a low of $0.0005659 and a high of $0.0005849.
SLP/USDTTether USDT0.0005674 USDT
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