Drax

The Drax is a unique Hardmode tool that combines the functions of a Drill and Chainsaw, and is the Hallow-tier version of those tools. It is considered the strongest tool in the game, and can free most blocks in a single hit. Adamantite Ore and Mythril Ore still require two hits, as do most furniture items.

The Drax is crafted using all of the drills and chainsaws, along with five of each Boss-dropped Soul. (Except Ocrams)

The Drax is the only drill with knockback. Its best Modifier prefix is Godly.

Tips

 * Due to its rapid attack speed, high damage and knockback, it can easily serve as a good melee weapon for close-range targets.
 * Though the most powerful tool currently in the game, it may be a bother as unintended breakings are more likely, since it breaks every breakable object, apart from walls. (And almost instantly!)

Trivia

 * "Drax" is a portmanteau of words, drill and axe, because it can perform the actions of both.
 * This, along with the Hallowed Repeater, is the only item forged from boss souls that is of red rarity, despite, arguably, being the most difficult craftable item to obtain in Terraria.
 * Getting this tool can be considered a top accomplishment, as the player must kill Skeletron Prime, The Twins and The Destroyer each at least once to obtain the required souls.
 * The tooltip mentions a "Picksaw". However, there is no such tool known as a Picksaw in Terraria (so far). This is probably a joke combining the words pickaxe and chainsaw.

History
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