$NEAR Intents just had its best fee month of 2024 in September.
Why? NEAR made Hyperliquid perps private by default. Cross-chain deposits now route through $NEAR Intents swaps to hit those positions.
Privacy = sticky liquidity. Users are keeping funds parked on NEAR Intents between trades instead of bridging out.
Confidential balances hit $70M on launch day.
Demand is converting to real usage. Not just hype.
Why? NEAR made Hyperliquid perps private by default. Cross-chain deposits now route through $NEAR Intents swaps to hit those positions.
Privacy = sticky liquidity. Users are keeping funds parked on NEAR Intents between trades instead of bridging out.
Confidential balances hit $70M on launch day.
Demand is converting to real usage. Not just hype.