Axe

Axes are used in Terraria to chop wood. They can also be used as a weapon, but aren't as effective as a dedicated combat item.

Copper Axe
The basic Axe the player spawns with.

War Axe of the Night
The only axe that is really effective as a weapon.

Meteor Hamaxe
Can also be used as a hammer.

Molten Hamaxe
Can also be used as a hammer.