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A Sleep Axe is an axe in the Power Master series, first appearing in Power Master 1: A Strange Journey.
Power Master 1: A Strange Journey
In Power Master 1: A Strange Journey, Sleep Axes are rare weapons that can only be bought at the Blacksmith in the Town of Dora. When equipped, it will increase the wielder's Attack by 80 and it has a 65% chance of inflicting the Asleep status on an enemy. Equipping it will cause the wielder to become stronger to Dark- and Physical-based attacks, but become weaker to Light-, Stone-, and weapon-based attacks.
In Power Master: A Strange Journey MV, Sleep Axes are effectively replaced by Terra Axes and Lunar Axes.