Hassan Maishera
On Tuesday, the NEAR Protocol announced via a blog post that Confidential Intents is now publicly available to all developers. Any builder or protocol using the NEAR Intents 1Click Swap API can provide confidential cross-chain execution to their users today.
Any integration partner that uses NEAR Intents or developers building on Intents can now bring confidential cross-chain execution to their users through NEAR Intents’ easy-to-use 1Click Swap API, with no privacy infrastructure required.
On the application side, wallets can offer confidential swaps and transfers inside existing user flows. DEXs and aggregators can reduce trade signaling and unnecessary public visibility. And multichain asset managers can let users rebalance across chains confidentially.
Trading and DeFi apps can keep positions, counterparties, and activity off the public chain, and payments and consumer apps can support confidential cross-chain transfers.
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 Protocol is unique because it was purpose-built for AI from day one—not retrofitted after the fact. Founded by AI researchers, its architecture was designed to support intelligent systems at scale. With Nightshade sharding, NEAR can handle billions of transactions without congestion or rising fees. Developers can build using familiar languages like JavaScript and Rust, onboard users without wallets, and tap into other blockchains without bridges through Chain Signatures and NEAR Intents. Its progressive security model, low-predictable fees, and native support for AI agents make NEAR the most practical blockchain for building the next generation of autonomous applications.
NEAR is trading at $1.90, down 5.6% in the last 24 hours.
