
Token · SLP · Rank #901
Smooth Love Potion (SLP): What It Is, Uses and Risks
Smooth Love Potion (SLP) is the reward token of the Axie Infinity game, used mainly to breed digital creatures called Axies. This explainer covers what it is, how it is used, its market snapshot as of 2026-11-05 and the main risks.
Market data
SLP market data
- Market cap
- $17.4M
- Rank #901
- Fully diluted value
- $17.4M
- Volume (24h)
- $722K
- Change 7d / 30d
- −12.1% / −26.1%
- Change 1y
- −53.6%
- Circulating supply
- 36.18B
- Total / max supply
- 36.18B / ∞
- All-time high
- $0.3997
- Jul 13, 2021
- All-time low
- $0.0004392
- Jun 25, 2026
What Smooth Love Potion Is
Smooth Love Potion (SLP) is a gaming token tied to Axie Infinity, a game built around digital creatures called Axies that players collect, battle and breed. The token was formerly known as Small Love Potion before it was upgraded and moved to the Ronin blockchain. Players can earn SLP as rewards for playing the game's battle or adventure modes. It is often described as a play-to-earn asset, meaning it is designed to pay players for in-game activity rather than only for buying items. Public listings describe SLP as an ERC-20 token on Ethereum, while the project data lists both Ronin and Ethereum as chains where the token has been issued. SLP is not the native token of any blockchain, so it runs on networks built by others. Categories applied to it include gaming, NFT and play-to-earn tokens.
What the Token Is Used For
The main use of SLP is breeding Axies. The cost begins at 100 SLP for the first breed and rises with each use: 200 SLP for the second, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. An Axie can be bred up to seven times, and the seventh breed costs 2,100 SLP. The project describes this cap as a way to limit hyperinflation in the marketplace. Beyond breeding, public sources say SLP can be traded on decentralized exchanges and sometimes used to buy items outside the game. Some 2021 reports described Filipino players using SLP to pay for everyday goods, and the token remains especially popular in the Philippines. Whether SLP has uses beyond the game depends on wider acceptance, which can change quickly.
Supply, Price and Market Data
As of 2026-11-05, the project data shows SLP ranked 902nd by market capitalization, with a price of about 0.000495 US dollars and a market cap of about 17.9 million US dollars. Trading volume over 24 hours was about 768 thousand US dollars at the time of writing. Over seven days the price was down about 3.8 percent, and over one year it was down about 48 percent. Circulating and total supply are both about 36.19 billion tokens, and the data lists no maximum supply. The all-time high was about 0.40 US dollars on 2021-07-13, and the all-time low was about 0.00044 US dollars on 2026-06-25. These figures change constantly and are a snapshot only, not a forecast. A low price per token on its own says little about value.
Risks and Storage
SLP carries several risks. Supply has no stated maximum, so new tokens can keep entering circulation through game rewards, which can weigh on price. The token's value depends heavily on player demand for breeding and on the health of the Axie Infinity game, which can change through design updates or economy changes. Recent search coverage has described a shift from a purely inflationary model toward one with supply constraints and expanded gameplay, but this is a narrative and should be checked against official project updates. Price has fallen sharply from its 2021 peak. For storage, hold SLP only in a wallet that supports the specific chain the token is on, since sending tokens to the wrong network can lead to loss. Confirm the contract details from official project sources before buying or transferring. This page is for information only and is not investment advice.
By the numbers
Smooth Love Potion in numbers
Smooth Love Potion (SLP) is ranked #901 by market capitalisation, with a market cap of about $17.4M and a price of $0.0004810 as of Nov 7, 2026. Its fully diluted valuation ($17.4M) is close to its market cap, so little new supply is still to come.
The price was down 12.1% over 7 days, down 26.1% over 30 days, down 53.6% over the past year. It trades about 100% below its all-time high of $0.3997, set on Jul 13, 2021.
About 36.18B SLP are in circulation. No hard maximum supply is listed, so new tokens can still be issued.
24-hour trading volume was about $722K, or 4.1% of its market cap: moderate turnover.
SLP has token contracts on 2 chains we track, including Ronin, Ethereum. Always check the contract address before buying or bridging: copycat tokens often reuse a well-known name and ticker.
SLP is linked to Smooth Love Potion, which we cover in our GameFi rankings. See our Smooth Love Potion page for how the protocol works and how we score it.
CoinGecko groups SLP under Gaming tokens, NFT tokens, Play-to-earn tokens.
Where it runs
SLP chains and contract addresses
Contract addresses as listed by CoinGecko. Verify them on the project's own channels before sending funds.
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SLP FAQs
What is Smooth Love Potion used for?
SLP is mainly used to breed Axies in Axie Infinity. Breeding costs rise with each use, starting at 100 SLP and reaching 2,100 SLP for the seventh breed. Public sources also say the token can be traded on some decentralized exchanges.
How do players earn SLP?
Players earn SLP as rewards for taking part in the game's battle and adventure modes. The data describes it as a play-to-earn token, so rewards come from in-game activity.
Does SLP have a maximum supply?
The project data lists no maximum supply. Circulating and total supply are both about 36.19 billion tokens as of 2026-11-05, which is a snapshot that may change.
Which blockchains is SLP on?
The data lists Ronin and Ethereum as chains where SLP has been issued. Public listings describe it as an ERC-20 token, but it is not the native token of either chain.
Was SLP called something else before?
Smooth Love Potion was formerly known as Small Love Potion before the token was upgraded to the Ronin blockchain. Some older sources may still use the earlier name.
Is SLP a good investment?
This page does not predict prices or give buy or sell advice. The data shows a price of about 0.000495 US dollars as of 2026-11-05 and a large drop from its 2021 high, but readers should review official project sources and their own circumstances.
What is the market cap of Smooth Love Potion?
As of Nov 7, 2026, Smooth Love Potion had a market cap of about $17.4M, ranking #901 among cryptocurrencies by market capitalisation. Market cap is price multiplied by circulating supply, so it moves with the price.
What is the all-time high of SLP?
Smooth Love Potion's all-time high is $0.3997, reached on Jul 13, 2021. Its all-time low is $0.0004392 (Jun 25, 2026). Past prices say nothing about future returns.
What is the circulating supply of SLP?
As of Nov 7, 2026, about 36.18B SLP were in circulation; no fixed maximum supply is listed.