While that's not what the X and Y stand for in this case, Team Axis is indeed a cool name.
Why can't it stand for both things? Honestly, I'm tired of seeing people discount the X/Y axis simply because there's DNA in the Japanese titles. It could be both. --- "As I walk through the valley of death, I shall fear no evil, for I am the baddest mother ****er in the goddamn valley!"