OpenSea is set to launch its long-awaited SEA token in the first quarter of 2026, company 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 reward 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 that 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 upon launch, 50% of the platform’s 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 about its structure and timing, including bets placed on prediction markets such as Polymarket.
Finzer’s announcement brought the perceived odds of SEA’s token launch this year from nearly 40% to under 1%.
Meanwhile, OpenSea has rolled out new tools, including a mobile app and support for perpetual futures trading, Finzer added.
