A transformable toy including a first movable member, a second movable member and a coupler positioned between and coupled to the first and second movable members. The coupler is adapted to enable the first and second movable members to independently move or pivot towards each other to a closed position and away from each other to a substantially open position. The first and second movable members include at least one revealer. The revealer is movably connected to one of the first and second movable members and is movable to reveal at least one surface when the first and second movable members are in the open position. In one embodiment, the toy forms a ball in the closed position and a figurine in the open position.