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Despite its ambitious updates, OpenSea’s monthly trading volume has dropped sharply, from a $5 billion peak in early 2021 to just $190 million last month, reflecting broader market challenges

OpenSea’s forthcoming SEA token will reward both active and long‑term users, with the airdrop weighted toward historical usage and will provide utility on OS2 by supporting its integrated Seaport Protocol

In 2023, OpenSea launched “OpenSea Pro,” a marketplace variant targeting power traders and Blur users, which laid the groundwork for OS2’s broader evolution

OpenSea CEO, Devin Finzer announced in late 2023 that OpenSea would cut its workforce by half to accelerate the launch of “OpenSea 2.0.”

OpenSea announced the beta release of its OS2 NFT platform

OpenSea’s OS2 offers features like aggregated marketplace listings, streamlined cross‑chain purchases, real-time analytics and lower fees (0.5% on marketplace sales and 0% on swaps)

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