As a Normal item, it can be traded among players once acquired.
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This article contains information that is no longer relevant to gameplay, but is kept here for informational purposes.
Before patch 2.4.1, this item was named The Marauder, and had the description as follows:
This two-handed axe was once an ornate, exquisite weapon, until it fell into the hands a murderous clan of goatmen. Years of misuse and crude modifications have marred the original beauty of the axe, but the deadly effectiveness of its martial enchantments remain as strong as ever.