NEAR Protocol's Intents Achieves $169 Million in Total Value Locked Following 77% Monthly Growth

NEAR Protocol's Intents, a cross-chain execution layer, has reached a total value locked (TVL) of $169 million across 26 different blockchain networks, marking a significant 77.2% increase over the past month. This data, sourced from DefiLlama, indicates that NEAR's own blockchain accounts for approximately 52% of the total TVL, equating to around $87.23 million. Ethereum follows as the second-largest contributor with about $45.89 million, while other networks such as Tron, Bitcoin, and Binance Smart Chain also hold portions of the capital.

The mechanism behind NEAR Intents allows users to specify their desired outcomes without needing to manage the complexities of traditional cross-chain swaps. Users simply declare their intended token and amount, and a network of solvers competes to execute the transaction efficiently, abstracting away the intricacies of bridge navigation and gas fees. Additionally, NEAR Intents offers both public and confidential transaction modes, enhancing user privacy during cross-chain transfers.

In the past 30 days, NEAR Intents has generated approximately $5.87 million in fees, contributing $1.29 million directly to protocol revenue. The cumulative transaction volume has reached tens of billions, reflecting the growing adoption of the protocol. The recent expansion to 26 supported chains has increased its accessibility, allowing users to engage with the protocol through various wallets and aggregators, even if they do not directly interact with its interface. However, this growth also introduces potential risks associated with supporting multiple chains, including vulnerabilities and smart contract risks.

© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: KLEA News