$NEAR is generating billions in volume — and millions in buybacks.
NEAR Intents recorded approximately $10.4B in Q3 trading volume, according to Nansen’s report.
The numbers:
$10.4B in quarterly trading volume
$160M TVL in Confidential Intents, up 463% QoQ
68M network transactions during the quarter
$52M+ in cumulative trading fees
$8M+ in fees used to buy back $NEAR
By October 6, around 16.4% of cumulative fees had gone toward buybacks, while the 30-day ratio stood at 28.4%.
Finally, a protocol where the fees don’t just disappear into the void.
Can NEAR Intents turn this volume into sustainable demand for $NEAR ?
NEAR Intents recorded approximately $10.4B in Q3 trading volume, according to Nansen’s report.
The numbers:
$10.4B in quarterly trading volume
$160M TVL in Confidential Intents, up 463% QoQ
68M network transactions during the quarter
$52M+ in cumulative trading fees
$8M+ in fees used to buy back $NEAR
By October 6, around 16.4% of cumulative fees had gone toward buybacks, while the 30-day ratio stood at 28.4%.
Finally, a protocol where the fees don’t just disappear into the void.
Can NEAR Intents turn this volume into sustainable demand for $NEAR ?