Happy 6th birthday #NEAR 🎉
From Oct 13, 2020 to today: $34B in Intents volume, 1M TPS, post-quantum signing, and a vision that hasn’t changed.
Proud to be part of this ecosystem. Here’s to the next chapter ⋈
✦ 6 years on mainnet
✦ 10 shards
✦ 600ms blocks
✦ $34B+ Intents volume
✦ 3B+ Confidential Intents volume
✦ 150M+ Confidential TVL
✦ 10k+ NEAR Legion members
✦ 100% uptime
Grateful to the worldwide ecosystem of validators, devs, dApp teams, researchers, users, community members, legionnaires, and more who have helped shape NEAR into the groundbreaking protocol it is today. Side by side, we continue pioneering the onchain AI economy, connecting ecosystems, and are giving users back their sovereignty.
The future is NEAR.
Introducing $NRR—the Bitwise NEAR ETF—giving investors exposure to the emerging agentic economy.
$NRR is the first spot $NEAR ETP in the U.S. and offers in-house staking to maximize NEAR's ~5% staking rewards.*
Why @NEARprotocol?
↳ Built at the intersection of AI x crypto by foundational AI researchers: The team helped shape modern AI, and now they're building its transaction layer.
↳ Growing quickly: NEAR Intents has processed $32B+ in volume, up from under $1B a year ago.
↳ Designed for security: NEAR Intents settle cross-chain transactions through smart contracts to avoid the potential risks of centralized bridges.
↳ Made for scale: Transactions finalize in ~1.2 seconds and cost a fraction of a cent.
↳ Smart tokenomics: With a ~$6B market cap, NEAR's supply is fully unlocked, inflation was recently halved to 2.5% per year, and fees now fund buybacks.
Why in-house staking?
Staking in-house brings Bitwise's institutional expertise directly to NRR investing with transparency, security, and oversight.
As AI and crypto converge, the Bitwise NEAR ETF ($NRR) gives investors straightforward exposure to the network leading the charge.
Learn more at https://t.co/YSy8HhxoJO
LiNEAR APY: 6.24% 🔥, up to 50% higher than other providers.
We are boosting yield and rewarding those who stayed.
Stake $NEAR 📈 now
→ https://t.co/ijSfznukdn
Formal verification became feasible. That was step one.
@NEARProtocol just made it 250x cheaper.
$111 versus $20,000. That's NEAR's first-place result on Putnam Bench against the next best submission.
Proving code isn't useful until it's cheap. @AlexSkidanov on the benchmark NEAR just topped.
Virtual NEAR Day is live today on @therollupco, 11am–2:00pm ET.
NEAR Co-founders @ilblackdragon and @AlexSkidanov open on formal verification.
5 panels follow: agents holding keys, confidential execution, private model routing, staking for AI, cross-chain.
How NEAR powers AI.
Illia Polosukhin (@ilblackdragon) joins @Bankless to discuss staking NEAR for compute and the full user-owned stack NEAR is building.
Full episode below.
Long-term alignment drives sustainable ecosystems.
The Sovereign Fund discussion explores new ways for NEAR to coordinate resources and support ecosystem growth.
I just posted a proposal on the NEAR Governance Forum. I'm proposing a new type of protocol fund to pay for public goods and make token economics more sustainable for the long-term.
@NEARProtocol@NEARGovernance community members, please check it out and engage with the idea! I look forward to discussing with many of you in the coming weeks.
https://t.co/7RD3tSljch
In Q1 2026, AI spending accounted for ~65% of US economic growth, while hyperscalers accumulated ~$1.65T in off-balance-sheet debt.
Meanwhile, open-weight models have reached frontier performance at a fraction of the cost, challenging the business models that justified all of that spending.
AI needs a different funding model, and @near_ai is committed to build it with $NEAR.
A new chapter for NEAR staking utility.
Stake NEAR to access confidential inference and always-on AI agents, while keeping ownership of your assets and credentials.
Staking is no longer only about yield. It is becoming part of the infrastructure for the agent economy.
NEW LAUNCH
Staking for NEAR AI is live.
Pay for confidential inference and always-on agents by staking NEAR. No card. No cloud account. No custodian holding your credentials.
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Governance update: HSP-027 has officially passed voting! 🗳️
The legacy 30% developer gas rebate is transitioning to 0%, meaning 100% of transaction execution fees will route directly to NEAR’s native protocol fee processing once the update is deployed.
This change simplifies the fee structure, and features zero breaking changes for active builders or dApp users. Deployment is targeted for Protocol Update v2.14, expected in August 2026, subject to testnet validation and governance conditions.
What’s next? 🛠️ Read more below
What NEAR shipped last month:
✦ NEAR Intents crossed $22B+ in all-time volume and 28M+ total swaps.
✦ Confidential Intents TVL grew to over $28M.
✦ Hyperliquid perps went live on https://t.co/1n0j8823BT.
✦ GLM-5.2 went live on NEAR AI.
✦ [email protected]: an incentive milestone program for Confidential Intents users on https://t.co/1n0j8823BT kicked off.
✦ Virtual NEAR Backers Summit highlighted momentum across the stack.
✦ NEAR Intents began powering cross-chain swaps in Unstoppable Wallet.
✦ NEAR Intents began powering cross-chain swaps for SimpleSwap.
✦ Movement went live on NEAR Intents.
✦ The expanded NEAR Revenue Dashboard went live at https://t.co/8OTQLA9ukZ.
✦ NEAR previewed SPICE the next major protocol upgrade.
✦ Hypercore went live on NEAR Intents.
✦ Hinkal Pay and Hinkal Prime integrated NEAR Intents.
✦ NEAR Legion hosted an IronClaw hackathon and events.
✦ NEAR AI Cloud integrated across 17 open-source AI projects, including Goose, Eliza, and the Vercel AI SDK.
And much more.
ICYMI: From Bankless to The Rollup to the Defiant, the wider industry has been recognizing NEAR's critical role as confidential infrastructure for both crypto and AI, and turning to NEAR Co-founder @ilblackdragon to understand what's at stake in the agent economy.
A roundup 🧵
Daily confidential TVL on NEAR Intents is picking up.
The DeFi privacy renaissance is just the opening act of a larger shift to a user-owned economy, where users control their assets, data, and intelligence, and have a real stake in the protocols they participate in.
The market has spoken. Decentralized, open-source, verifiable, and privacy-preserving technologies are the ingredients of the future.
Crypto was never just about charts.
From infrastructure to AI powered public services, we’re watching blockchain evolve into real world coordination rails.
Excited to see the #NEAR ecosystem moving in this direction 👏
I got into crypto almost 10 years ago because I saw the potential for programmable money to reduce government bureaucracy, increase transparency, and distribute funds according to clear rules.
Fast forward to today, and Bermuda is showing what that can look like in practice with their new @near_ai powered secure AI assistant for public servants, starting with a pension calculator prototype that helps process sensitive administrative workflows.
Huge shoutout to @BermudaPremier for championing this!