NEAR has nearly matched last quarter’s buybacks with half of Q4 still to go
Revenue from NEAR Intents (
@near_intents) has funded about $2.7M in $NEAR buybacks so far this quarter, against $3.07M for all of Q3, per DefiLlama. The swap product has kept $2.82M of the $8.68M in fees it collected since October 1, with the rest going to solvers and partner apps.
Swap volume on Intents reached $3.76B over the past 30 days, lifting the total since launch to $37.3B. The buybacks began in February and now add up to about $8M. The tokens are bought on the open market and none are burned;
@NEARProtocol's February plan places them in a governance-run treasury that can redeploy them for ecosystem growth.
NEAR trades at $3.71, up 4.42% over 24 hours.