Hassan Maishera
On Thursday, the Near Protocol announced via X that Aleo Chain is now live on NEAR Intents. Users can now swap ALEO, USDCx, and USAD tokens with 100+ native assets across 35+ chains, plus deposit and withdraw directly on Aleo within the NEAR app.
Aleo builders can use the NEAR Intents 1-Click Swap API to unlock unified cross-chain liquidity across 35+ ecosystems, while settling into Aleo’s ZK-secured, payment-grade execution natively within their products.
Additionally, Shield, a self-custodial private wallet built on Aleo by Provable, has integrated NEAR Intents to enable seamless cross-chain swaps. No gas management. No wallet switching. No chain-specific UX.
NEAR Protocol’s Near Intents has been gaining traction in recent months, with several adoptions including Avalanche, Aurora Labs, Plasma, and Li.Fi
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees.
NEAR combines three core elements: User-Owned AI, which ensures agents act in users’ best interests; Intents and Chain Abstraction, which eliminate blockchain complexity for seamless, goal-driven transactions across chains; and a sharded blockchain architecture that delivers the scalability, speed, and low-cost execution needed for real-world AI and Web3 use. NEAR is trading at $1.13, down 0.2% in the last 24 hours.
