Hassan Maishera
On Wednesday, Kyber Network announced via X that KyberSwap has integrated with NEAR Intents, NEAR Protocol’s cutting-edge transaction framework. The collaboration brings seamless cross-chain liquidity and swaps directly to KyberSwap, offering users a frictionless trading experience without bridging or high spread concerns.
By integrating NEAR Intents, KyberSwap expands its aggregation capabilities beyond the EVM Ecosystem, bringing effortless cross-chain swaps, deeper liquidity & better rates, and decentralized trading.
Kyber Network is an on-chain liquidity protocol aggregating liquidity reserves to allow instant and secure token exchange in multiple decentralized applications (dApps). KNC, the native token of the Kyber Network, is up 5% in the last 24 hours and currently trades at $0.3742.
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 is trading at $3.041, up 8% in the last 24 hours.
