NEAR Intents September Fee Revenue Hits Yearly High

PANews, October 3 - According to Delphi Digital data, NEAR Intents, launched by NEAR, achieved its highest monthly fee revenue of the year in September. Previously, NEAR took the step of setting perpetual contracts on the high-performance decentralized derivatives trading platform Hyperliquid to private mode by default, allowing users to deposit funds from other chains via token swaps on NEAR Intents and participate in trading. The introduction of the privacy feature has encouraged users to retain funds between trades, with confidential balances surpassing $70 million on the first day of launch, which may be an early signal of market demand converting into actual usage.