Live SLP Price Summary
As of July 2025, Smooth Love Potion (SLP) trades at $0.00131102, reflecting an 8.09% increase in the last 24 hours. Key metrics:
- Market Cap: $47.14M (#723 rank)
- 24H Trading Volume: Not available
- Circulating Supply: 35.96B SLP
- 24H Price Range: $0.00120464 – $0.00131574
Historical Price Performance
All-Time High (ATH)
SLP peaked at $0.399727 on July 13, 2021.
All-Time Low (ATL)
SLP bottomed at $0.00106012 on June 23, 2025.
What Is Smooth Love Potion (SLP)?
SLP is an ERC-20/Ronin-based utility token powering Axie Infinity, a blockchain game. Originally named "Small Love Potion," it rewards players in "Arena Mode" battles. Post-update, SLP earnings are now limited to experienced players via daily quests.
SLP Price Trends
After soaring in mid-2021, SLP prices stabilized by June 2022, with recent fluctuations influenced by gaming demand and tokenomics.
SLP Use Cases
Breeding Axies
SLP fuels NFT pet breeding in Axie Infinity:
- Costs escalate per breed: 100 SLP (1st) → 2,100 SLP (7th).
- Supply control: Breeding burns SLP, countering inflation from gameplay rewards.
SLP Tokenomics
- No presale: Distributed via in-game rewards.
- Inflationary model: Supply grows with player activity.
- Balancing mechanism: SLP burned during breeding offsets new issuance.
Founder & Storage
- Founder: Trung Nguyen (ex-software dev, founded Sky Mavis in 2018).
- Wallets: Compatible with Ledger Nano S and Trezor Model One.
👉 Explore secure SLP storage options
FAQ
1. What’s SLP’s current price?
As of July 2025, SLP trades at **$0.00131102** (24H range: $0.00120464–$0.00131574).
2. How do I invest in SLP?
- Research market trends.
- Sign up on exchanges like Bybit.
- Deposit funds and trade SLP pairs.
- Store tokens in secure wallets.
3. Is SLP a good investment?
Evaluate based on:
- Market volatility (ATH: $0.39 vs. current $0.0013).
- Gaming adoption: Tied to Axie Infinity’s growth.
4. Where can I buy SLP?
Platforms like Bybit offer SLP trading pairs.
5. What’s SLP’s max supply?
Maximum supply is uncapped (--), with 35.96B SLP circulating.
Key Takeaways
- Utility-driven: SLP’s value hinges on Axie Infinity engagement.
- Dynamic pricing: Watch gaming updates and token burns for trends.
- Secure storage: Use hardware wallets for long-term holdings.
For real-time tracking, monitor SLP’s market cap ($47.14M) and trading signals.