Abstract There exist non-trivial stationary points of the Euclidean action for an axion particle minimally coupled to Einstein gravity, dubbed wormholes. They explicitly break the continuos global shift symmetry of the axion in a non-perturbative way, and generate an effective potential that may compete with QCD depending on the value of the axion decay constant. In this paper, we explore both theoretical and phenomenological aspects of this issue. On the theory side, we address the problem of stability of the wormhole solutions, and we show that the spectrum of the quadratic action features only positive eigenvalues. On the phenomenological side, we discuss, beside the obvious application to the QCD axion, relevant consequences for models with ultralight dark matter and black hole superradiance. We conclude discussing wormhole solutions for a generic coset and the potential they generate.