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SEA
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TAM for NFTs is so tiny, and not growing.
Even the flagship NFT product's volume is 90% tokens (respect to OS for this move btw).
No compelling revenue model on NFTs either.
New crypto products should avoid NFTs and stay focused on tokens.

dfinzer.eth | opensea
OpenSea crossed $2.6B in trading volume this month, with over 90% from token trading.
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 onchain. Collectors, artists, gamers, musicians — people who had never opened a wallet — showed up on OpenSea and suddenly owned digital property.
The sequel is the destination for the onchain economy in its entirety. Trade everything. Tokens, culture, art, ideas, the digital and the physical. And all in one place that feels like a home, not a bank.
Building that product is in our DNA. You shouldn’t have to use a CEX and give up custody of your assets. But you also shouldn't need to navigate a maze of chains, bridges, wallets, and protocols in order to use onchain liquidity, wondering whether your balance is on Solana, an Ethereum L2, or somewhere else.
You should just be able to trade everything in one place, seamlessly.
And that brings me to $SEA, from the OpenSea Foundation.
Integrating $SEA into OpenSea will be the opportunity to show the world our vision. It will shine a spotlight on everything we’re building.
So we need to make damn sure that what we’ve built deserves that spotlight — not just for us, but for every holder who believes in what crypto can become. $SEA is not being created to be launched and forgotten.
Today, the Foundation and OpenSea are jointly announcing a few updates:
- Timing. $SEA is coming in Q1 2026.
- Distribution. The Foundation has confirmed that 50% of supply will be allocated to the community, with more than half awarded via an initial claim. Both OGs and those who participated in OpenSea rewards programs will be meaningfully considered, separately.
- Tokenomics. 50% of revenue at launch will be used to purchase $SEA.
- Utility. $SEA will be deeply integrated with OpenSea, including the ability to stake $SEA behind your favorite tokens and collections.
$SEA isn't the destination, but it's a crucial moment everyone will be watching. You only get one TGE. While the Foundation is wrapping up the final details, we’re getting OpenSea ready.
Between now and Q1, we're shipping the features that bring our vision to life. Mobile is now in closed alpha, and will put the entire onchain economy in your pocket. Perps will be coming to OpenSea. True cross-chain abstraction on its way.
I’ll be hopping on an X space at 4pm ET to talk about our vision. The best way to predict the future is to build it together.
Sails up.

narrative violation?


dfinzer.eth | opensea
OpenSea crossed $2.6B in trading volume this month, with over 90% from token trading.
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 onchain. Collectors, artists, gamers, musicians — people who had never opened a wallet — showed up on OpenSea and suddenly owned digital property.
The sequel is the destination for the onchain economy in its entirety. Trade everything. Tokens, culture, art, ideas, the digital and the physical. And all in one place that feels like a home, not a bank.
Building that product is in our DNA. You shouldn’t have to use a CEX and give up custody of your assets. But you also shouldn't need to navigate a maze of chains, bridges, wallets, and protocols in order to use onchain liquidity, wondering whether your balance is on Solana, an Ethereum L2, or somewhere else.
You should just be able to trade everything in one place, seamlessly.
And that brings me to $SEA, from the OpenSea Foundation.
Integrating $SEA into OpenSea will be the opportunity to show the world our vision. It will shine a spotlight on everything we’re building.
So we need to make damn sure that what we’ve built deserves that spotlight — not just for us, but for every holder who believes in what crypto can become. $SEA is not being created to be launched and forgotten.
Today, the Foundation and OpenSea are jointly announcing a few updates:
- Timing. $SEA is coming in Q1 2026.
- Distribution. The Foundation has confirmed that 50% of supply will be allocated to the community, with more than half awarded via an initial claim. Both OGs and those who participated in OpenSea rewards programs will be meaningfully considered, separately.
- Tokenomics. 50% of revenue at launch will be used to purchase $SEA.
- Utility. $SEA will be deeply integrated with OpenSea, including the ability to stake $SEA behind your favorite tokens and collections.
$SEA isn't the destination, but it's a crucial moment everyone will be watching. You only get one TGE. While the Foundation is wrapping up the final details, we’re getting OpenSea ready.
Between now and Q1, we're shipping the features that bring our vision to life. Mobile is now in closed alpha, and will put the entire onchain economy in your pocket. Perps will be coming to OpenSea. True cross-chain abstraction on its way.
I’ll be hopping on an X space at 4pm ET to talk about our vision. The best way to predict the future is to build it together.
Sails up.

In the year 2025, Opensea trades tokens and charges a nearly 1% fee. Yikes
Meanwhile, Oku has the best prices, no fee, and every EVM chain you could dream of, and more.

dfinzer.eth | opensea
OpenSea crossed $2.6B in trading volume this month, with over 90% from token trading.
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 onchain. Collectors, artists, gamers, musicians — people who had never opened a wallet — showed up on OpenSea and suddenly owned digital property.
The sequel is the destination for the onchain economy in its entirety. Trade everything. Tokens, culture, art, ideas, the digital and the physical. And all in one place that feels like a home, not a bank.
Building that product is in our DNA. You shouldn’t have to use a CEX and give up custody of your assets. But you also shouldn't need to navigate a maze of chains, bridges, wallets, and protocols in order to use onchain liquidity, wondering whether your balance is on Solana, an Ethereum L2, or somewhere else.
You should just be able to trade everything in one place, seamlessly.
And that brings me to $SEA, from the OpenSea Foundation.
Integrating $SEA into OpenSea will be the opportunity to show the world our vision. It will shine a spotlight on everything we’re building.
So we need to make damn sure that what we’ve built deserves that spotlight — not just for us, but for every holder who believes in what crypto can become. $SEA is not being created to be launched and forgotten.
Today, the Foundation and OpenSea are jointly announcing a few updates:
- Timing. $SEA is coming in Q1 2026.
- Distribution. The Foundation has confirmed that 50% of supply will be allocated to the community, with more than half awarded via an initial claim. Both OGs and those who participated in OpenSea rewards programs will be meaningfully considered, separately.
- Tokenomics. 50% of revenue at launch will be used to purchase $SEA.
- Utility. $SEA will be deeply integrated with OpenSea, including the ability to stake $SEA behind your favorite tokens and collections.
$SEA isn't the destination, but it's a crucial moment everyone will be watching. You only get one TGE. While the Foundation is wrapping up the final details, we’re getting OpenSea ready.
Between now and Q1, we're shipping the features that bring our vision to life. Mobile is now in closed alpha, and will put the entire onchain economy in your pocket. Perps will be coming to OpenSea. True cross-chain abstraction on its way.
I’ll be hopping on an X space at 4pm ET to talk about our vision. The best way to predict the future is to build it together.
Sails up.
About Opensea (SEA)
Latest news about Opensea (SEA)

OpenSea plans $SEA token launch in Q1 2026 with 50% supply for users and 50% revenue for buybacks
NFT marketplace OpenSea plans to launch its native token $SEA in Q1 2026, with half...
Oct 18, 2025|Crypto Briefing

Legacy Users ‘Not Forgotten’ as OpenSea Balances Newcomers, OGs Ahead of Token Launch: CMO Hollander
In an interview with CoinDesk, OpenSea’s Adam Hollander shares about the platform's revamp plans.
Oct 01, 2025|CoinDesk
Learn more about Opensea (SEA)
NFT, OpenSea, Strategy: How to Navigate the SEA Token Revolution and Maximize Rewards
Introduction to OpenSea’s SEA Token and Strategic Initiatives OpenSea, the largest NFT marketplace, is revolutionizing the NFT ecosystem with the launch of its SEA token and a series of strategic upda
Sep 30, 2025|OKX
Opensea SEA Price: Everything You Need to Know About the Token Launch and OS 2.0 Upgrade
Introduction to OpenSea SEA Price and Token Launch OpenSea, the world’s leading NFT marketplace, has unveiled its native governance token, SEA, as part of a strategic initiative to enhance its platfor
Sep 30, 2025|OKX

OpenSea’s SEA Token and XP Rewards: A Bold Move to Reclaim NFT Market Dominance
Introduction to OpenSea’s SEA Token and XP-Based Rewards System OpenSea, a leading NFT marketplace, has unveiled its OS2 platform, introducing an innovative XP-based rewards system tied to the upcomin
Jul 30, 2025|OKX

Pudgy Penguins Denies OpenSea Acquisition Rumors Amid Strategic Expansion in NFTs and Web3
Pudgy Penguins Denies OpenSea Acquisition Rumors Pudgy Penguins, a leading NFT project known for its community-driven approach, has officially denied rumors of acquiring OpenSea, the largest NFT marke
Jul 28, 2025|OKX
Opensea FAQ
What is cryptocurrency?
Cryptocurrencies, such as SEA, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as SEA have been created as well.
Can I buy SEA on OKX?
No, currently SEA is unavailable on OKX. To stay updated on when SEA becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of SEA fluctuate?
The price of SEA fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.