Actor Ryan Reynolds flaunted a bright pink version of his Deadpool costume in a video to auction it to raise money for the fight against cancer.

Deadpool is partnering with online fundraising platform Omaze and F-Cancer to raise money for the organisation, reports

“You may be wondering ‘Why the pink suit,'” Deadpool asks in the video.

“Well, so the world can see I have a big old heart-on. That’s heart with a T — for my new favourite colour, pink.”

He explained that he is auctioning off “the very suit off (his) back” to raise some “serious cash” for cancer, which is a cause very close to his heart.

“What you do from there is limited only by your imagination… Does it become a colourful addition to your S&M dungeon,” Reynolds asked in the video.

Deadpool 2 is slated to release on May 18.