Dragon axe

The Dragon axe is the best axe available, and can only be used by members. As with all axes, it is both a weapon, requiring 60 Attack to wield, and a Woodcutting tool, requiring 61 Woodcutting to use. It is a rare drop from Dagannoth Rex, Dagannoth Prime, or Dagannoth Supreme, who all inhabit Waterbirth Island. Its special attack, Clobber, dazes the player's opponent, reducing Magic and Defence stats.

As with all Dragon items, players cannot make this item using the Smithing skill.

The dragon axe is very fast for woodcutting, about 15-20% faster than a rune axe. At level 90 Woodcutting it is recommended that you sell your dragon axe, as a rune axe would be a fine alternative and would cut most logs equally fast.

Trivia
When it was released, the dragon axe simply was a more expensive, red coloured, Rune axe. It cut logs at the exact same rate.