OpenSea is set to launch its long-anticipated SEA token in the first quarter of 2026, the company’s CEO Devin Finzer announced.
Half of the token’s total supply will go to the community, with a significant portion distributed through an initial claim. Users with historical activity on the platform and participants in rewards programs will receive separate consideration, Finzer wrote on social media.
The rollout comes amid a shift in focus for OpenSea, which has long been known as the largest non-fungible token (NFT) marketplace. The platform recorded over $2.6 billion in trading volume this month, with more than 90% of it attributed to token trading.
SEA will be integrated into OpenSea’s core experience, Finzer added. Users will be able to stake the token behind their favorite collections or projects, and at launch, 50% of platform revenue will be used to purchase SEA.
The token’s release comes more than a year after it was first announced. Since then, speculation has grown around its structure and timing, including bets placed on prediction markets like Polymarket.
Finzer’s announcement brought perceived odds of SEA’s token launch this year from nearly 40% to under 1%.
In the meantime, OpenSea has been rolling out new tools, including a mobile app and support for perpetual futures trading, Finzer added.
