OpenSea Confirms ($SEA) Airdrop Coming Q1 2026

Devin Finzer, the co-founder of NFT marketplace OpenSea, has revealed details about the much-anticipated SEA token.

He noted that 50% of SEA’s total supply will be airdropped to eligible users in the first quarter of 2026. He added that SEA holders can stake their tokens “behind [their] favorite tokens and collections.”

OpenSea to Launch $SEA

Since February, OpenSea has teased its SEA token airdrop. The token is part of its broader ecosystem upgrade to OpenSea 2.0 (OS2).

Participants in the upgraded platform are eligible to claim XP (experience points) from its reward programs. These points add up to boost users’ allocation in the airdrop. In Finzer’s words, “both OGs and those who participated in OpenSea rewards programs will be meaningfully considered, separately.”

Weeks ago, the NFT marketplace began compiling tokens to build its first wave of Treasury Chest. The treasury chest comprised NFTs from reputable projects like Bored Ape Yacht Club, CryptoPunks, and Pudgy Penguins. It also featured cryptocurrencies like ETH, SOL, and Coinbase’s wrapped BTC. The tokens in the first wave amounted to over $12 million.

After concluding the Wave 1 Treasury Chest on October 17th, the platform’s team began building Wave 2 using $1 million. OpenSea revealed that it is building these rewards using fees generated from trading activities. Those who receive rewards from this program are eligible for rewards from the airdrop.

The OpenSea co-founder added that 50% of revenue will be used to acquire SEA tokens.

Seeking to jump into the crypto perpetual market, Finzer noted that OpenSea will soon enable perps trading.

A Shift Towards Crypto

Since its 2017 debut, OpenSea has facilitated the buying, selling, minting, and trading of NFTs. The marketplace’s decision to focus on the NFT market paid off during the peak of NFT engagement between 2021 and 2023.

In the latter months of 2023, the NFT market began experiencing a significant devaluation, affecting platforms like OpenSea. Fast-forward to 2025, and the NFT marketplace began expanding its tentacles from just the NFT ecosystem to the broader crypto market. Finzer recently acknowledged that the idea to pivot into crypto came from his wife, Yu-Chi Lyra Kuo.

In July 2025, OpenSea acquired Rally, a Web3 platform, to support its mobile token trading services. Since then, the platform’s revenue has significantly picked up as more traders have shown interest in using the mobile app.

This has reflected in the marketplace’s trading volume, which surpassed $2.6 billion this month. Notably, 90% of this amount came from token trading.

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