It does not survive long for players under level 10, and even for players at level 10+ it will eventually break. These axes yield 2 logs or 2 ambers per use. However, one still only gains 1 success in the Lumberjacking skill for each successful harvest. DHAs cost upwards of 30K per tool.
At the moment, it's best to save these until you are at level 10 Lumberjacking or above, or trade them to other players.