The rainbow mallet was released years ago, maybe even before trade tables even came out. It was never that good of a melee, theres some at the store that are even better. But its a very rare item and it doesent have that much priority-but the only things good about it is that its rare and its valuable and it looks cool. Its not able to trade for some reason-literally all it would be good for.

Its a simple fix, please make it tradeable-everyone at tables wants it and it would make the hammer actually useful.