Ocean Protocol 

OCEAN Price

What is the Ocean Protocol token?

Ocean Protocol is an open-source protocol for exchanging data, built on Ethereum and founded in 2017 by Bruce Pon and Trent McConaghy. Data owners publish datasets as Data NFTs and datatokens, keeping control over pricing, licensing and access. Buyers, increasingly AI developers, consume data services without a centralized intermediary. The OCEAN token serves as the medium of exchange across this decentralized data economy.

Is OCEAN a coin or a token?

OCEAN is a token, not a coin. The asset is an ERC-20 token deployed on Ethereum; the canonical contract 0x967da4048cd07ab37855c090aaf366e4ce1b9f48 is verifiable on Etherscan. A separate OCEAN deployment exists on Polygon, verifiable on PolygonScan. DropsTab classifies Ocean Protocol under Storage and Protocol categories.

What happened between Ocean Protocol and the ASI Alliance?

Ocean Protocol joined the ASI Alliance alongside Fetch.ai and SingularityNET in March 2024. From July 1, 2024, OCEAN holders could migrate to FET at a fixed rate of 0.433226 FET per OCEAN. Ocean Protocol Foundation withdrew from the Alliance on October 9, 2025. About 81% of OCEAN was converted to FET during the migration window, and litigation between Ocean Protocol and Fetch.ai over the migration bridge is ongoing.

Can you still buy the OCEAN token?

Yes. OCEAN still trades on a reduced set of venues. Per DropsTab data, OCEAN has centralized spot markets on Coinbase (OCEAN/USD), Kraken (OCEAN/USD and OCEAN/EUR) and Upbit (OCEAN/BTC), plus decentralized markets on Uniswap, Sushiswap, Quickswap and Bancor. DropsTab lists no derivatives markets for OCEAN.

How did the ASI migration affect OCEAN liquidity?

Liquidity dropped sharply. After the July 2024 merge, Binance delisted OCEAN or restricted deposits, and Ocean Protocol stated OCEAN lost about 90% of the token's liquidity and exchange pairs. Kraken removed OCEAN margin trading in June 2024, yet Kraken's USD and EUR spot books remain live.

What is OCEAN's maximum token supply?

OCEAN has a fixed maximum and total supply of 1,410,000,000 tokens, per DropsTab data. Per DropsTab vesting data, 60% of supply is allocated to network rewards, 20% to the founding team, 5% to the Foundation and roughly 15% across four sales. Under the original design, network-reward tokens emit over about 150 years with a 10-year half-life.

How does OCEAN's vesting schedule affect investors?

The token generation event took place on May 3, 2019. Sale and team tokens unlocked in monthly tranches from that date. Team tokens vested over five years, so all team and early-investor vesting under the original terms was complete by about 2024. Cliff-based unlock sell pressure is therefore no longer the main supply risk for OCEAN. Remaining inflation comes from network-reward emission and from the underfunded OCEAN-to-FET bridge, whose status is contested in litigation.

Who invested in Ocean Protocol, and how much was raised?

Ocean Protocol raised about $34.2M across four token sales. The Seed Sale brought in $4.23M at $0.09 in October 2017. The Pre-launch sale raised $21.39M at $0.23 in March 2018. The CoinList Network Launch Sale collected $1.8M at $0.25 in March 2019. The Bittrex International IEO on April 30, 2019 raised $6.768M at $0.12. A separate $5M funding round in May 2022, led by Cypher Capital, was allocated to Ocean ecosystem projects.

What does Ocean Protocol's fundraising signal about the project's maturity?

Ocean Protocol's sales were public distributions: the Pre-launch sale distributed tokens through a KYC whitelist, and the Seed and Pre-launch tranches carried 1-year and 6-month linear vesting from network launch. Per DropsTab data, no single VC holds more than 20% of OCEAN supply, which spreads unlock risk across many holders. Cypher Capital's 2022 round directed funding to Ocean ecosystem projects.