Overview

• CEO Devin Finzer confirmed the SEA debut for early 2026, with half of total supply earmarked for users and an initial claim expected to distribute roughly 25% immediately.
• OpenSea plans to dedicate 50% of platform revenue at launch to purchasing SEA on the open market as a standing buyback program.
• Distribution will prioritize longtime users and prior rewards participants as separate cohorts, with ongoing community allocations beyond the initial claim.
• SEA will be integrated into the core product for staking behind favored tokens and collections, with governance features planned to align users with platform decisions.
• OpenSea reports about $2.6 billion in October trading volume with over 90% from token trades, while a mobile app (closed alpha), cross‑chain abstractions and perpetuals are in development, and outlets report the claim process will not require KYC with U.S. users eligible.