Because of a shallow, round depression carved in the center of the top surface, it may have been a cuauhxicalli or possibly a temalacatl.

Each of the warriors grabbing the other are identified with the 'smoking foot' motif as well as the symbol of the smoking mirror in their headdress both icons associating them with the deity Tezcatlipoca.

[4] The act of grabbing another's hair has long been recognized as a symbol of defeat or conquering in Mesoamerica, as such the stone is interpreted to represent the conquest of other locations by the Mexica.

The stone also depicts the stars at the top rim, emphasizing the heavens; while the icons at the bottom edge represent the earth.

[1] Richard Townsend argues that the relief may function as a symbolic manifestation of the Aztec empires tribute system.

In relation to Mexica tradition, conquered tribes or cities were expected to send sacrificial offerings to the victor.

[1] It is argued however, that temalactal are often described of as being flat on the top and the central hole lacks any kind of bar with which to tie a victim.