The Serpent Axe is an axe with two skins. The Tyrian skin is larger and dye affects the whole axe, while the Canthan axe is smaller and dye only affects the serpent symbol and yellow pieces of the axe. Note that there is no difference between the inventory icons. The axe head resembles a boot. The blade is engraved with the image of a serpent (the same as the Guild symbol), hence its name.