OpenSea has announced plans to launch its native token, SEA, in the first quarter of 2026, with 50% of the supply allocated to community members and 50% of launch revenue going to buybacks, co-founder Devin Venzer said on X.
The token will be distributed to early adopters and participants in reward programs, and more than half of the community share will be allocated via an initial call.
The SEA cryptocurrency will include staking behind tokens and user-favorite groups.
OpenSea crossed $2.6B in trading volume this month, with over 90% from token trading.
— dfinzer.eth | opensea (@dfinzer) October 17, 2025
This is just the beginning of our transformation, from “NFT marketplace” to “trade everything.”
NFTs were chapter one for us. In 2021, OpenSea brought the first wave of everyday internet users…
OpenSea is transforming from an NFT marketplace into a full-fledged trading platform, developing features including perpetual contract trading, mobile trading, and cross-chain support, fueled by its acquisition of Rally.
Finzer emphasized that the platform’s goal is to provide a seamless experience without the need for centralized platforms or complex tools, noting that 50% of the platform’s fees will be allocated to user rewards.
