Looks like I missed almost the entire
@NEARProtocol ecosystem run.
Checking the latest onchain data, liquidity is clearly moving back into NEAR:
– $NEAR DeFi TVL is around $205M
– DEX volume hit ~$494M in 7D, up +41% WoW
–
@rhea_finance TVL is up +48.4% in 7D
–
@meta_pool is up +69.5%
–
@LinearProtocol is up +59.5%
$NEAR is moving, and the major protocols inside the ecosystem are seeing solid liquidity growth as well.
I think the way we look at NEAR needs an update.
NEAR is building toward:
a multi-chain super app + confidential by default
– Intents: cross-chain liquidity w/ real usage, cumulative fees above ~$48M
– Confidential layer: privacy for swaps, perps and AI interactions
– Agent infra: agents can interact w/ capital while users can still verify execution
– bringing the wider stack into one UX
NEAR Intents also generated around $1.73M in fees over the last 7D, with cumulative fees now around $48.15M.
For me, the edge is starting to show in the infra underneath:
users moving assets across chains
agents executing transactions
privacy built directly into the stack
I was pretty late to the latest $NEAR ecosystem wave.
Still think this narrative is worth a look tho.