In addition to Non-Fungible Token, OpenSea now supports the trading of Token Sale and memecoins on 22 different blockchains, and continues to reveal more information about the SEA Token .
OpenSea Transforms into Multi-Asset Exchange, Launches SEA Token in Early 2026
OpenSea , the once-popular Non-Fungible Token marketplace, has decided to change course as demand for Non-Fungible Token trading continues to decline and shows no signs of returning.
Accordingly, when accessing OpenSea at the present time, users can see that the project has added a page displaying information on Token and memecoins on popular blockchains. Trading liquidation is aggregated by OpenSea through Uniswap and Meteora , with a fee of 0.9% for each purchase.
Token Sale interface on OpenSea
OpenSea will also stop collecting user information, no longer requiring KYC to trade. Instead, the project will use third-party data to prevent wallets marked as criminal from being linked to the platform.
The new direction is initially bringing positive results for OpenSea. In the first two weeks of October 2025, the exchange recorded $1.6 billion in Token volume and $230 million in Non-Fungible Token Volume , the highest level in many months.
On social network X, OpenSea CEO David Finzer said that Non-Fungible Token are just the beginning chapter of the project, with the next stages being to develop an on-chain economy where all assets can be traded.
OpenSea crossed $2.6B in trading Volume this month, with over 90% from Token trading.
— dfinzer. ETH | opensea (@dfinzer)October 17, 2025
This is just the beginning of our transformation, from “Non-Fungible Token marketplace” to “trade everything.”
NFTs were chapter one for us. In 2021, OpenSea brought the first wave of everyday internet users…
In addition, Mr. Finzer also provided more information about the SEA Token deployment plan, with an expected time of Q1/2026. Of which, 50% of the supply will be allocated to the community, with half unlocked at the time of launch. The project intends to use the revenue to buy back SEA, while also allowing users to Staking SEA.
Besides OpenSea, many other "long-standing" crypto projects have also attracted the attention of the community in recent times with the intention of launching their own Token , including layer-2 Base , AMM platform Meteora , digital wallet MetaMask and Rainbow .
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