Yes, axe is in the scrabble dictionary

...and is worth 10 points by itself.

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Axe Definition

noun

Variant of ax1.
from The American Heritage Dictionary of the English Language, 4th Edition

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Points

axe

10

2 letter words with AXE

Points

ae

2

ax

9

ex

9

3 letter words with AXE

Points

axe

10

Found 4 words in 0.15098 seconds