Latest Smooth Love Potion (SLP) News Update

By CMC AI
27 July 2026 03:04AM (UTC+0)

What are people saying about SLP?

TLDR

SLP chatter swings between technical hope and fundamental caution. Here’s what’s trending:

  1. A technical trader spots a potential bounce from $0.00212, eyeing a move toward $0.00238.

  2. Automated bots flagged SLP as a "Top Looser" on Binance Futures in early 2026 after sharp drops.

  3. Signal accounts repeatedly post successful SLP trades with ~18% profits, suggesting active speculative interest.

  4. An Indonesian exchange highlighted a 70% monthly surge in July 2025, asking if SLP could become a star again.

  5. Analysts are weighing the long-term impact of Axie Infinity ending SLP emissions in January 2026 to curb inflation.

Deep Dive

1. @CoinMarketCap Community: Watching for a bullish reversal from a short-term bottom bullish

"SLP has shown a sharp recovery from the $0.00212 zone... If this momentum continues, a retest of $0.00222–$0.00225 is possible." – CoinMarketCap Community (No follower data · 27 July 2025 14:58 UTC) View original post What this means: This is bullish for SLP because it identifies a clear support level and a technical path for recovery, which could attract short-term traders if the breakout above $0.00225 is confirmed.

2. @Adanigj: Flagged as a major loser on Binance Futures bearish

"Smooth Love Potion (SLP) went down 12.8 percent in the last 24 hours on Binance Futures. Note: This coin is one of the Top Looser today..." – @Adanigj (1,455 followers · 1 January 2026 21:13 UTC) View original post What this means: This is bearish for SLP because it highlights significant selling pressure and negative momentum on a major derivatives platform, which can erode confidence and trigger further liquidations.

3. @Criptoprime0: Sharing a successful ~18% profit trade signal bullish

"Back in SLP with GOD... Binance $SLP/ $USDT Take-Profit target 3 ✅ Profit: 17.8862%" – @Criptoprime0 (2,432 followers · 30 December 2025 15:05 UTC) View original post What this means: This is bullish for SLP because it demonstrates that targeted, leveraged trades can be profitable, which may encourage other traders to enter positions and provide short-term buying pressure.

4. @Tokocrypto: Asking if SLP is back after a 70% monthly rally bullish

"🚨 Wait… $SLP is back?! Token andalan Axie Infinity ini naik 70% dalam 30 hari terakhir!... potensi menuju $0.005 - $0.01 makin terbuka" – @Tokocrypto (No follower data · 24 July 2025 09:37 UTC) View original post What this means: This is bullish for SLP because it captures retail excitement and narrative-driven speculation, linking the token's potential to a resurgence in the Axie Infinity ecosystem and broader bullish sentiment.

5. TradingView News: Analyzing the end of SLP emissions to curb inflation mixed

"On January 7, 2026, Axie Infinity will end SLP emissions in its 'Origins' game mode... This move will sharply reduce new SLP issuance... could support SLP token pricing if player demand... remains strong." – TradingView News (5 January 2026 22:00 UTC) View original post What this means: This is mixed for SLP because while reducing new supply could ease long-term inflationary pressure, the immediate cut in rewards might dampen player activity and demand, creating near-term uncertainty.

Conclusion

The consensus on SLP is mixed, split between traders capitalizing on volatile swings and analysts cautiously assessing its reformed tokenomics. Short-term signals show speculative life, but the token's fate remains tied to Axie Infinity's ability to sustain demand post‑emissions cut. Watch the daily SLP burn rate versus new user growth to gauge if the supply‑side reform is translating into genuine economic strength.

What is the latest news on SLP?

TLDR

SLP's recent news paints a picture of foundational economic reforms clashing with shrinking exchange support. Here are the latest updates:

  1. Bybit Delists SLP from Spot (5 May 2026) – Major exchange removes trading access, potentially reducing liquidity and visibility.

  2. Tokens Surge on Tokenomics Reforms (23 January 2026) – Major supply changes cut inflation, fueling a significant price rally earlier this year.

  3. Axie Infinity Ends SLP Emissions (7 January 2026) – Game developer halted new token rewards to combat automated farming and inflation.

Deep Dive

1. Bybit Delists SLP from Spot (5 May 2026)

Overview: Bybit announced the delisting of Smooth Love Potion (SLP) and six other tokens from its spot trading platform. This action removes a centralized trading venue for SLP, though the token remains tradable on other exchanges and within the Axie Infinity ecosystem. What this means: This is bearish for SLP in the short term because it reduces accessible liquidity for traders and can signal diminished exchange confidence, often based on metrics like trading volume. Holders must now rely on alternative platforms. (CoinMarketCap)

2. Tokens Surge on Tokenomics Reforms (23 January 2026)

Overview: Following aggressive economic reforms by Sky Mavis, SLP's price surged over 42% in a month. The key change was the halt of SLP emissions in the Origins game mode, which drastically reduced new token supply and sell pressure from automated farms. What this means: This was bullish for SLP because it directly addressed the core inflationary problem that had plagued its tokenomics, creating a tighter supply environment that supported higher prices contingent on sustained player demand. (Binance)

3. Axie Infinity Ends SLP Emissions (7 January 2026)

Overview: Axie Infinity permanently stopped issuing new SLP as rewards in its "Origins" mode. The team stated this was necessary to curb automated farming and protect the game's long-term economy, though SLP still burns through breeding. What this means: This is a neutral-to-bullish structural shift. It removes a major source of inflation, which could support price stability long-term, but also risks reducing short-term player incentives if not balanced with other engagement mechanics. (TradingView)

Conclusion

SLP's path is defined by Sky Mavis's successful internal economic tightening, now facing external headwinds from exchange delistings. Will fundamental utility and demand outweigh the challenges of reduced market access?

What is the latest update in SLP’s codebase?

TLDR

Recent updates focus on economic adjustments and exchange integrations rather than core protocol code changes.

  1. Ending SLP Emissions in Origins (7 January 2026) – Axie Infinity stopped SLP rewards in one game mode to fight automated farming and reduce inflation.

  2. Perpetual Contracts Listing on Toobit (23 July 2025) – The Toobit exchange enabled leveraged trading of SLP with up to 75x leverage.

  3. Perpetual Contracts Launch on Binance (23 July 2025) – Binance Futures listed SLP perpetuals, expanding its derivatives market access.

Deep Dive

1. Ending SLP Emissions in Origins (7 January 2026)

Overview: Axie Infinity halted the distribution of new SLP tokens within its "Origins" game mode. This change directly impacts the token's supply economics by turning off a major faucet for new tokens.

The team stated the move was to curb automated farming, which was negatively impacting the game's long-term economy. While players can no longer earn SLP from gameplay in this mode, the use of SLP for in-game actions like crafting and morphing remains unchanged. This is a significant deflationary policy shift.

What this means: This is bullish for SLP because it sharply reduces the daily selling pressure from farmers dumping newly minted tokens, which could help support the price if demand holds. However, it's neutral in the short term because it might also reduce player incentive and activity. (Source)

2. Perpetual Contracts Listing on Toobit (23 July 2025)

Overview: The Toobit exchange added SLP as an underlying asset for USDⓈ-M perpetual contracts. This integration provides traders with a new venue to speculate on SLP's price with high leverage.

The contract (SLPUSDT) launched with a tick size of 0.000001 and a funding rate capped between +2.0% and -2.0%, which settles every four hours. Such listings typically involve backend exchange code to support the new asset.

What this means: This is neutral for SLP because it improves market accessibility and liquidity for advanced traders, but it does not change the token's fundamental utility or the underlying Axie Infinity game. (Source)

3. Perpetual Contracts Launch on Binance (23 July 2025)

Overview: Binance Futures listed SLP perpetual contracts, allowing trading with up to 75x leverage. The announcement highlighted SLP's characteristics as deflationary and its blend of DeFi, gaming, and meme culture.

This listing followed a similar pattern to Toobit's, expanding SLP's presence in the crypto derivatives landscape. It represents an integration effort by a major exchange rather than a change to SLP's own smart contracts.

What this means: This is bullish for SLP because it grants the token exposure to Binance's massive user base and deep liquidity, potentially increasing trading volume and price discovery. (Source)

Conclusion

The latest developments show SLP's development is currently oriented around supply-side economics and market accessibility rather than low-level protocol upgrades. Will future updates shift focus to enhancing SLP's core utility within the Axie Infinity ecosystem?

What is next on SLP’s roadmap?

TLDR

Smooth Love Potion's development is focused on enhancing its gaming ecosystem and expanding utility.

  1. Atia's Legacy Playtest 3 (Q3 2026) – The next phase of testing for Axie's upcoming MMORPG, integrating SLP into a broader game economy.

  2. DeFi Utility Expansion (Long-term) – Strategic initiative to integrate SLP into decentralized finance applications beyond gaming.

Deep Dive

1. Atia's Legacy Playtest 3 (Q3 2026)

Overview: The development team is preparing for the third playtest of Atia's Legacy, Axie Infinity's upcoming open-world MMORPG. The previous playtest concluded on 6 May 2026 (Axie Infinity), and the team has shifted priorities to focus on this major release. This game is designed to feature real-time squad combat, guild warfare, and deep integration with existing Axie NFTs and tokens. SLP is expected to be used for in-game crafting, morphing, and potentially other mechanics within this expanded universe.

What this means: This is bullish for SLP because a successful, engaging MMORPG could significantly boost active users and create new, sustained demand sinks for SLP within a more complex game economy. The key risk is development delay or the game failing to attract a critical mass of players.

2. DeFi Utility Expansion (Long-term)

Overview: A stated strategic goal for SLP is to expand its utility into decentralized finance (DeFi) applications on the Ronin network (CoinTR). This long-term vision involves moving SLP beyond its core breeding and crafting uses in Axie Infinity to functions like liquidity provisioning, lending, or yield farming. This would integrate SLP deeper into the broader Ronin DeFi ecosystem.

What this means: This is neutral to bullish for SLP because diversifying utility could reduce SLP's extreme dependency on Axie Infinity's player count and attract capital from DeFi users. However, its impact is highly uncertain and depends on execution, Ronin's DeFi growth, and whether compelling use-cases are developed.

Conclusion

SLP's roadmap aims to transition from a single-game token to a multi-utility asset within the Ronin ecosystem, hinging on the success of Atia's Legacy and broader DeFi integration. How will the success of Atia's Legacy impact SLP's long-term tokenomics?

CMC AI can make mistakes. Not financial advice.