Privacy is a retention primitive.
You can bridge assets, but you canโt cheaply bridge secrets.
Hence why $NEAR confidential intents volume has:
> $234M volume in the past 7D
> $909M in the past 30D
> $1.65B in all-time volume
> TVL has crossed $79M
I'm sure CT (& myself) have been beating the drum on the importance of privacy features - transactions in general, but also, what transactions?
DeFi recently has confidential vaults, and now perps trading can be confidential by default.
I'm expecting similar uptake as confidential intents since the demand for privacy has been proven.
(Data: Dune -
@NEARProtocol )