It really is time to chillax… have a break.

要淡定一些啦… … 放松一下。

The teddy bear and stuffed seal got to chillax by the pool.

这个泰迪熊和海豹在游泳池边放松。

You could also just say, I want to chillax or I'm chillaxing.

你也可以说，我想放松一下。[? ? : ? ? .? ? ]Chillaxing.放松。

Oh, I understand. So if I tell somebody to chillax it means, basically, to relax or to calm down?

哦，我明白了。如果我跟某个人说chillax就是让他放松或是冷静下来？

Ow! Okay, you need to chillax, or I need to start carrying a tranq gun.

好了 你要冷静点，不然我要带镇静剂了。

Chill and relax, yes. It means the same as chill or chill out or relax. So just now I told you to chillax, which means don't worry, relax.

没错，就是chill和relax。意思就类似冷静或是放松。刚才我让你冷静，意思就是别担心，放松。