Opensea reported it surpassed $2.6 billion in trading volume this month, with over 90% of that volume attributed to token trading, the company’s CEO announced. 🧠💸
The statement framed non-fungible tokens (NFTs) as Opensea’s “chapter one” and outlined a strategic shift from an NFT marketplace to a broader “trade everything” platform aiming to aggregate onchain liquidity across tokens, collectibles, and physical/digital assets while preserving user custody. 🧟♂️📦
The CEO also unveiled plans for a new token, SEA, to be issued by the Opensea Foundation in Q1 2026. The token will be integrated into Opensea with staking utilities tied to tokens and collections. In the lead‑up to the token generation event, Opensea said it will ship features including mobile (now in closed alpha), perpetuals trading, and cross‑chain abstraction. 🚀🌌
FAQ🧭
- What did Opensea announce? – Opensea reported 2.6B in monthly volume and unveiled the SEA token and a shift to “trade everything.” 🧠💸
- When is SEA launching?-SEA is planned for Q1 2026. 🗓️⏳
- How will $SEA be distributed? – 50% of supply is for the community, with over half available via an initial claim. 🧵✨
- What new features are coming to Opensea? – Opensea plans mobile (closed alpha), perpetuals trading, and cross‑chain abstraction. 📱🌀
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2025-10-19 15:07