OpenSea is looking to transform into a cryptocurrency trading aggregator

According to Foresight News, NFT trading platform OpenSea is seeking to transform into a cryptocurrency trading aggregator, according to Forbes. The collapse of the NFT market caused OpenSea to lay off more than half of its employees, and by October 2023, OpenSea's monthly revenue was only $3 million, well below its peak of $125 million in January 2022. OpenSea is expanding into a one-stop trading platform, with data showing that in the first two weeks of October 2025, OpenSea facilitated $1.6 billion worth of cryptocurrency transactions and $230 million worth of NFT transactions, well above the $142 million total in May.


Under OpenSea’s new initiative, it integrates buy and sell orders from decentralized cryptocurrency exchanges such as Uniswap and Meteora. In terms of fees, OpenSea charges about 0.9% per transaction and generated $16 million in revenue over the past two weeks. Previously in September Opensea announced that all NFT Strategy tokens are now online. NFT Strategy tokens combine NFTs and DeFi to create value or revenue for holders through automated trading strategies to manage assets related to specific NFT collections.

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