OpenSea to debut a fungible token and reward OG users

Devin Finzer announced that OpenSea’s native token, with ticker SEA, will launch during the first quarter of ￰0￱ founder added that 50% of the token supply will be given to OG users while sharing minimal tokenomics ￰1￱ is transforming into a full trading platform that will include both fungible and non-fungible tokens. “This is just the beginning of our transformation, from ‘NFT marketplace’ to ‘trade everything,'” said Finzer on ￰2￱ further added that the wave of non-fungible tokens (NFTs) in 2021 was just the first chapter in OpenSea’s journey, which brought a ton of artists, musicians, gamers, and collectors ￰3￱ to reward OG users Finzer said that 50% of SEA tokens will be given to the platform’s supporters, mainly OG users and participants in the ongoing rewards ￰4￱ the joint announcement with the OpenSea Foundation , Finzer explained, “The Foundation has confirmed that 50% of supply will be allocated to the community, with more than half awarded via an initial ￰5￱ OGs and those who participated in OpenSea rewards programs will be meaningfully considered, separately.” Moreover, half of the revenue collected during SEA’s launch will be used for token ￰6￱ SEA token will power the newly transformed OpenSea ￰7￱ can stake SEA to support their favorite token or NFT ￰8￱ OpenSea Foundation has been teasing the SEA token since February.

However, OpenSea did not disclose more details about the token, such as the total supply and other tokenomics ￰9￱ crossed $2.6B in trading volume this month, with over 90% from token ￰10￱ is just the beginning of our transformation, from “NFT marketplace” to “trade everything.” NFTs were chapter one for ￰11￱ 2021, OpenSea brought the first wave of everyday internet users… — ￰12￱ | opensea (@dfinzer) October 17, 2025 OpenSea wants to become a multi-chain platform, as reported by ￰13￱ platform has recovered its trading volume and had its best month in recent years in ￰14￱ aims to become like Jupiter, CowSwap, and 1inch, as well as other multi-chain platforms.

Currently, it charges 0.9% fees on every transaction, ensuring a steady stream of ￰15￱ are still a big part of OpenSea, used for airdrops and other perks. Additionally, OpenSea wants to tap the perpetual futures contracts known as ￰16￱ platform wants to mimic successful perp DEXs like Hyperliquid and Aster, hoping to secure a share in this ￰17￱ has also revamped its mobile app and launched it to testers in a private alpha ￰18￱ new app is expected to be available anytime between October and OpenSea’s token launch ￰19￱ wrote, “Integrating $SEA into OpenSea will be the opportunity to show the world our vision.” He added, “You should just be able to trade everything in one place, seamlessly.” Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program