MACHINE LEARNING ALGORITHM

Last updated: June 17, 2025, 15:20  |  Written by: Vitalik Buterin

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Opensea Created The First Version

OpenSea created the first version of the protocol, which could lower gas fees by 35% for transactions, the blog read. Furthermore, based on last year's data, the switch to

Launching Seaport & Saving the Community Millions in Fees

The whole NFT fervor has certainly slowed down. Amidst this, NFT marketplaces like OpenSea have been recording a downfall in terms of transaction volume.

Opensea Has Moved To The

OpenSea Moves to Seaport Protocol in Move to Cut ETH Gas Fees

OpenSea has moved to the “Seaport Protocol,” a new smart contract that the NFT marketplace says will allow its 1.8 million users to save money on Ethereum gas fees.

Why Opensea Moved To Seaport Protocol? - altcoinbuzz.io

With The Seaport Contract

Here's how OpenSea gas fees would reduce by 35% - watcher.guru

OpenSea moves to Seaport protocol in effort to reduce gas fees

With the Seaport contract, users will be able to save roughly 35% on gas, the company said. And new accounts will no longer require that one-time “setup fee” OpenSea previously charged.

You

OpenSea Moves to Seaport Protocol to Cut Ethereum Gas Fees by

You’ll save an estimated 35% in gas fees for transactions using Seaport. Based on last year’s data, that would amount to more than $460m in total savings (138k in

OpenSea is the largest name when it comes to NFT marketplaces: their name has become synonymous with the NFT space, OpenSea Moves to Seaport Protocol

Now

Leading NFT marketplace OpenSea has announced a migration to a new marketplace protocol called Seaport that will allow users to save around 35% on gas fees.

Now, the marketplace leader’s move to Seaport would save us 35% in gas fees per year. A one-time setup fee would also be waived for new accounts. Well, say

OpenSea Migrates to Seaport Protocol, Reducing Gas Fees by

Vitalik Buterin can be reached at [email protected].

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