Confidential payments were the headline last week.
What most missed:
Confidential Swaps have been live on https://t.co/YBUSFVdjxE since March 31 and nearly half of all swap volume is already confidential.
Privacy is quickly becoming the default UX.
Dynamic resharding is coming to NEAR.
The upcoming network upgrade will enable the protocol to add shards automatically as demand grows.
This delivers on NEAR's founding vision of building the world's most scalable blockchain protocol at the highest level of performance 🧵
USDC is now live in @near_ai Agent Market with confidential execution via Confidential Intents.
Confidential stablecoin settlement is a baseline requirement for agentic commerce. Businesses will not deploy agents that expose their revenue, counterparties, or financial operations on a public ledger.
@NEARProtocol is building the solutions to help businesses use USDC to make the most of their AI agents, without revealing sensitive information.
Bermuda is setting a standard for governments’ use of AI for handling citizen data with @near_ai. When a public servant submits their personal data to AI, even the infrastructure provider shouldn't be able to see it. AI systems that handle sensitive information should support confidentiality by design.
The @NEARProtocol is becoming post-quantum-safe. See below for the roadmap to quantum safety, starting with adding a quantum-secure signing scheme in Q2.
We originally built the protocol with expectation cryptography will need to change due to progress in quantum computing. We knew there would be a need to expand the cryptography set, so NEAR allows multiple signing schemes by design and users will be able to use whichever one they prefer. We also design NEAR account model to not depend on any particular cryptography and allow to manage keys as "devices".
We’re proactively releasing the first quantum-safe signing scheme this spring, the first of many. Allowing wallets and partners to add support to it and users to secure their accounts early. We want to give users as much time as possible to rotate their keys in a proactive way and have piece of mind.
In parallel Near One is going to upgrade cryptography across secure the rest of the protocol. More to come on this, but I'm excited for these steps and I feel NEAR is well-positioned to lead in the quantum transition for our space.
What NEAR shipped last month:
✦ NEAR Intents crossed $17B+ in all-time volume and 23M+ total swaps.
✦ XAU₮ (@tethergold) went live on NEAR Intents. ✦ IronClaw released versions v0.26 and v0.27, upgrading agent self-improvement and security ✦ NEAR AI and @joinabound partnered to deploy cross-border payment IronClaw agents ✦ @sigmaswgroup and NEAR AI partnered to deploy confidential inference for enterprises ✦ @oisy wallet integrated NEAR Intents ✦ NEAR Intents began powering cross-chain swaps inside @matchametaxyx ✦ NEAR Intents now powers deposits from any chain into @trycallshot ✦ NEAR intents went live in @reydotxyz ✦ Co-Founder @ilblackdragon presented at the @Kryptoplanet_ IronClaw meetup in Seoul and Buidl Asia ✦ NEAR Legion began hosting IronClaw Agentic Workshops ✦ @DefiLlama introduced a comprehensive NEAR ecosystem dashboard ✦ IronClaw got its own X account (@IronClawAI)
And much more.
This was a massive week for @NEARProtocol – here's a recap of the NEARCON launches.
- https://t.co/ANYjHhz7hC: secure, encrypted personal agent
- https://t.co/x53NMFRzHE: confidential hosting for the agent of your choice
- https://t.co/uilYXjP7S7: one account for 35+ chains, enabling confidential transactions
- Nightshade 3.0: Separation of consensus and execution, atomic transactions, & a live private shard
We shared some NEAR economics updates at NEARCON this morning – here's the tl;dr. For a full explainer, check out the blog below.
🟢NEAR is now primed to capture value from growth and adoption: fully unlocked supply, halved inflation, live onchain governance, 5+ years on mainnet with 100% uptime, real product revenue.
🟢 @NEARProtocol is a hub for global liquidity and agentic commerce: Intents has already settled $13B+ in cross-chain volume and is scaling toward much larger markets.
🟢 NEAR Intents fee switch is live: an automatic revenue-sharing mechanism with third-party distribution channels, with all payouts denominated in $NEAR.
🟢 Revenue directed to $NEAR buybacks: a governance-based structure can deploy assets for buyback and earn and other supply-management approaches. NEAR Intents has already directed revenue to 1M in $NEAR buyback.
🟢 NEAR is accelerating a deflationary flywheel: as network usage increases, tokens removed from circulation can exceed new issuance.
🟢 $NEAR is the anchor for the AI economy: NEAR tokenomics are evolving in step with product architecture so economic activity is internalized at the protocol layer.
This month in NEAR:
✦ NEAR Intents hit $6B+ in volume, with $10M+ fees generated across 120+ supported assets.
✦ NEAR DAT SovereignAI (Nasdaq: $SVRN) treasury expanded to 53.9M $NEAR.
✦ The first two binding Decision proposals successfully passed House of Stake (Validator Support Program + veNEAR Holder Rewards Program).
✦ NEAR Intents is now natively available as a swap provider in Ledger Wallet (7.5M+ devices).
✦ Monad day one integration on NEAR Intents for direct cross-chain MON swaps.
✦ NEAR now supports HOT Connector, a wallet connector for chain-abstracted apps.
✦ SPX6900 now listed on NEAR Intents for expanded cross-chain coverage.
✦ Templar Protocol zypher lending went live, powered by NEAR Intents.
✦ Sweat Economy integrated Intents for native cross-chain swaps in one transaction.
✦ NEAR Intents-powered THORSwap expanded to Polygon for more cross-chain coverage.
✦ Allora integrated NEAR on mainnet for self-improving predictive inferences.
✦ ConsumerFi sale launched on NEAR Intents-powered token launchpad Calyx.
✦ ConsumerFi’s Kinsu digital savings app beta launch, powered by NEAR Intents and NEAR AI.
✦ NEAR Intents expanded to Litecoin, unlocking greater multichain liquidity.
And much more.
Swap smarter, not harder, and stay secure!
@near_intents is now available via @SwapKitPowered in Ledger Wallet.
With @NEARProtocol Intents, you submit your goal (or, "intent"), which is then executed by either human or AI agents across chains like ETH, BTC, NEAR, and more.
It’s Near's robust swapping infrastructure paired with Ledger’s uncompromised security, allowing you to make decentralized cross chain swaps with confidence.
New ATH 🔥
NEAR Intents → $200M+ daily volume.
Doubling the previous record in just days.
The fastest-growing interop solution — intent-based, by @NEARProtocol.
Privacy isn’t a luxury; it’s the missing layer of Web3.
When the world demands it, @OasisProtocol is already here. 🌐🔒
Confidential EVM (Sapphire).
Privacy Layer for any chain (OPL).
Off-chain logic with trust (ROFL).
=> The future of private finance, AI, and beyond.
The NEAR Halving is here!
Check out this thread from @gauntlet_xyz for more details regarding their research showing how reducing inflation would strengthen network staking and validator participation 👇