Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$27.93KBuyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | $27.93K | -- | -- | -- |
| Oct 2026 | $359.18K | -- | -- | -- |
| Sep 2026 | $650.93K | -- | -- | -- |
| Aug 2026 | $751.17K | -- | -- | -- |
| Jul 2026 | $224.24K | -- | -- | -- |
| Jun 2026 | $219.61K | -- | -- | -- |
Comparison
Sub Organizations
OpenSea Pro
Professional NFT trading aggregator
OpenSea Ventures
OpenSea Ventures is OpenSea's investment arm, supporting the founders who will shape the future of open Web3 economies. OpenSea Ventures will invest across the web3 ecosystem, focusing on four main themes: -The transition to a multi-chain world for both fungible and non-fungible items; -The creation and support of NFT-related protocols; -Social and gaming projects as distribution channels for crypto and NFT elements; -The emergence of NFT aggregators and analytics to support activity on OpenSea and other NFT marketplace platforms.
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About Opensea
OpenSea is among the earliest non-custodial NFT marketplaces, keeping user assets in their own wallets while trades settle through the Seaport protocol using off-chain signed orders plus on-chain settlement, supporting bundles, collection offers and royalty splits. After the OS2 rebuild it places NFTs and fungible tokens in one interface across roughly 20 chains with much lower fees, shifting from an NFT-only venue to a multi-asset trading entry point. Its aggregation layer pulls listings from other venues to deepen liquidity, pushing the same asset's price toward parity across venues and cutting users' comparison and arbitrage cost.
The trade-offs: as a general orderbook market its sweep execution still lags specialist pro-trading rivals, and royalty enforcement relies on the ERC-2981 suggestion rather than hard enforcement; revenue has shifted from pure NFT fees to broader asset trading, yet liquidity depth still varies with NFT activity on each chain, leaving long-tail assets with limited fill efficiency.
In December 2017 Devin Finzer and Alex Atallah founded OpenSea as a non-custodial orderbook for NFTs, making it one of the first marketplaces where wallets, not the platform, held the assets.
During the 2021 and 2022 bull market OpenSea peaked at $5 billion in monthly volume and more than $39.5 billion in lifetime trades, raising a January 2022 Series C at a $13.3 billion valuation on over $425 million of total funding.
In 2022 OpenSea open-sourced Seaport, a gas-optimized settlement protocol using offchain signed orders, which enabled bundles, collection offers and royalty splits and became infrastructure for later orderbook marketplaces.
In October 2022 Blur attacked with zero fees and token incentives and took over half of NFT volume within months; by early 2024 OpenSea's monthly volume had collapsed below $200 million and its share had fallen from 90% to about 33%.
In August 2024 OpenSea received an SEC Wells notice, and in February 2025 the SEC closed its investigation without enforcement, removing the largest legal overhang on the business.
In February 2025 OpenSea began the OS2 rebuild, fully opening it in May with support for roughly 20 chains, NFTs and fungible tokens in one interface and fees cut from 2.5% to 0.5%.
In October 2025 OpenSea's volume recovered to $2.6 billion, its highest in three years, though over 90% came from token trading; on October 17 it confirmed SEA would launch in Q1 2026 with 50% of supply to the community and 50% of revenue for buybacks.
On March 30, 2026, OpenSea's planned SEA token generation event was postponed by the OpenSea Foundation citing market conditions and readiness, and the sixth and final Voyages rewards wave ended the same day; the company says 50% of supply goes to the community, historical usage outweighs recent activity, no KYC is required and U.S. users can participate, but no new TGE date had been announced as of August. OS2 has since exited beta, launching with 19 chains and now listing more than 22, with Collector and Pro interface modes.
Opensea's Solana NFT trading returned on August 31, initially covering Mad Lads, Claynosaurz, Collector Crypt and Phygitals and supporting Metaplex Core, compressed NFTs and some Token-2022 assets; on October 20 the mobile app opened to all iOS and Android users with token and collectible trading across more than 25 chains, a combined portfolio view and a social feed. The competitive field is shrinking as Blur shuts its website on November 12 and Magic Eden has supported only Solana since March.
OpenSea has already repriced itself: more than 90% of $2.6 billion in monthly volume comes from tokens rather than NFTs, so revenue now rests on aggregator routing spreads instead of royalties and mint fees, and the moat shifts from collection supply to execution quality across 25-plus chains. Perpetuals extend the same logic, against native derivatives venues such as Hyperliquid and Aster rather than other NFT marketplaces, and entering depends on making mobile market-making tools professional grade. SEA's pledge to buy back with 50% of revenue at launch ties token value directly to routing margin and raises the cost of the delay: without a token, the end of Voyages leaves it short of a retention hook.
Devin Finzer, Co-Founder and CEO. He founded the photo app Claimdog, which was later absorbed into Credit Karma, and previously worked in software engineering in San Francisco. He co-founded OpenSea with Alex Atallah in 2017 and now leads overall strategy. Alex Atallah, Co-Founder, departed. A Stanford University computer science graduate, he was OpenSea's CTO and led the early core protocols; he moved to an ecosystem role in 2022, left in 2023 to found OpenRouter and remains an OpenSea board member. Nadav Hollander, CTO. A Stanford University computer science graduate, he worked on machine-learning risk controls in Coinbase's risk and growth team and later founded the lending platform Dharma Labs; he joined OpenSea as CTO when Dharma was absorbed in 2022 and now owns engineering and security. Maurice Cohen, Chief Legal Officer. He holds a law degree and a master's in intellectual property law from the London School of Economics, was General Counsel at Jane Street and Director of Compliance at Bloomberg, and joined in 2023 to lead legal, regulatory and policy matters.