
CyrilXBT|Mar 11, 2025 18:20
NEAR has had some massive upgrades no one's talking about so let's break it down
@NEARProtocol intents just dropped two major upgrades:
Passkeys for security and OTC trading for peer-to-peer swaps. This changes the game for DeFi.
What is NEAR Intents?
Instead of manually executing transactions, you just declare what you want, and a network of solvers competes to fulfill it. It works across multiple blockchains and real-world use cases
Passkeys: No More Seed Phrases
Crypto security is tough. Private keys and seed phrases are hard to manage. Now, with passkey authentication, you can log in using your NEAR, Ethereum, or Solana wallet. No custodians, no extra hassle just secure, non-custodial access.
OTC Trading: Direct, Peer-to-Peer Swaps
Now you can negotiate trades directly with another person at a fixed price
no reliance on exchange prices. Once both parties agree, NEAR Intents handles the transfer seamlessly and trustlessly.
Expanding Multi-Chain Support
NEAR Intents works with Bitcoin, Ethereum, Solana, Base, Arbitrum, DOGE, Zcash, Ripple, and more. Soon adding BNB, Gnosis, Polygon, and Aurora.
Real Adoption is Happening
Daily trading volume is growing fast, without marketing or incentives. DeFi platforms like Infinex, Templar, Rhea, Kyber Swap, and Satoshi Port are already integrating it.
NEAR Intents is making blockchain finance faster, easier, and more secure.
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