New Collection Bridges Physical Cards and Solana NFTs

Yuga Labs has launched Mudwater, a trading card collection that combines physical printed cards with digital versions recorded on the Solana blockchain. The project draws on artwork from the Bored Ape Yacht Club series and is designed for holders of both Bored Ape Yacht Club and Mutant Ape Yacht Club non-fungible tokens.

The set contains 120 unique art pieces presented in standard, foil, serialized and rare cracked-ice editions. Eight of the cards are one-of-one cracked-ice serialized versions. Physical cards are produced in partnership with Orange Cap Games and printed on orange core paper, giving collectors tangible items alongside on-chain ownership.

Total planned supply stands at 10,000 boxes. Each box holds 24 packs, and each pack contains 10 cards, equating to 240,000 packs and 2.4 million cards overall.

Claim Process for BAYC and MAYC Holders

Eligible Bored Ape Yacht Club and Mutant Ape Yacht Club owners received Totems that allow them to claim Mudwater packs. Each Bored Ape Yacht Club token qualifies for 10 packs, while each Mutant Ape Yacht Club token qualifies for two packs. A total of 6,551 Totems were distributed.

More than 140,000 packs, representing over 58 percent of the planned supply, are available for claim. The claim window remains open until January 18, 2027, at 7 p.m. Eastern Time, corresponding to January 19 at 00:00 UTC.

Totems, packs and individual cards are already listed for trading on OpenSea. A feature that will allow packs to be upgraded into boxes is marked as forthcoming, as is a physical-to-digital conversion option.

Trading Activity Funds ApeCoin Distributions

Mudwater incorporates a 2.5 percent fee on card trading volume. The proceeds are used to purchase ApeCoin, which is then distributed to current Mudwater card holders in proportion to the number of cards they own. Larger holdings therefore receive a greater share of the distributed tokens, with amounts varying according to secondary-market activity.

The structure links ongoing trading of the cards directly to ApeCoin rewards for collectors who maintain positions in the set.

The launch expands the Bored Ape Yacht Club ecosystem by adding a collectible format that operates across both physical and blockchain environments while tying secondary trading to ApeCoin distributions for participants.