Axonal dysfunction after spinal cord injury (SCI) and other types of neurotrauma is associated with demyelination and exposure of juxtaparanodal K⁺ channels. In this study, sucrose gap electrophysiology using selective and non-selective K⁺ channel blockers, confocal immunohistochemistry and western blotting were used to study the role of Kv1.1 and Kv1.2 K⁺ channel subunits in dysmyelination-induced spinal cord axonal dysfunction in shiverer mice, which lack the gene encoding myelin basic protein (MBP) and exhibit incomplete myelin sheath formation on CNS axons. The shiverer spinal cord axons exhibited smaller amplitude of compound action potentials (CAPs), reduced conduction velocity, reduced excitability and greater degree of high frequency conduction failure. The "fast" K⁺ channel blocker 4-aminopyridine, the toxin DTX- I which targets the Kv1.1 and Kv1.2, but not DTX- K, which has higher selectivity for Kv1.1, increased the amplitude and area of CAPs of shiverer mice spinal cord axons but had insignificant effects in wild type mice. Confocal immunohistochemistry showed that, unlike wild type mice, which have a precise juxtaparanodal localization of the Kv1.l and Kv1.2 K⁺ channel subunits, shiverer mouse axons, displayed a dispersed distribution of these subunits along the internodes. In contrast, the Kv1.l and Kv1.2 subunits, Na⁺ channels remained highly localized to the nodal regions. Western blotting showed an increased expression of Kv 1.1 and 1.2 in the shiverer mouse spinal cord. These results provide evidence that the neurological deficits associated with myelin deficiency reflect the altered distribution and expression of the K⁺ channel subunits Kv1.l and Kv1.2 along the internodes of spinal cord axons associated with the biophysical consequences due to alterations in the myelin sheaths.