#AXS 🚨 AXS (Axie Infinity) Major Negative Developments in Recent Months
Based on market dynamics over the past 3 months (October 2025 to January 2026), the main negatives are as follows:
1. Exchange Liquidity Contraction
- Binance Delists Contracts: In November 2025, Binance announced the delisting of AXS/USD perpetual contracts, directly reducing derivatives trading liquidity and decreasing short-term speculative interest.
- Coinbase Removes Trading Pairs: In December 2025, Coinbase removed AXS-EUR and AXS-USDT trading pairs, further narrowing AXS fiat trading channels, with 24-hour trading