The Saxxy is a limited-edition melee weapon for all classes. It is a 75% Australium-plated statuette of Saxton Hale set into a small plinth. The Saxxy will function identically to the default melee weapon, when a player is killed, they will turn into a motionless australium statue. This is completely cosmetic.
The Saxxy is also given out to people with the Best SFM (Source Film Maker) and is only entered once a year.