NEAR Protocol’s Intents total value locked reaches $169M after 77% monthly surge

NEAR Intents, the intent-based cross-chain execution layer built on NEAR Protocol, has crossed $169 million in total value locked across 26 different blockchain networks. That figure represents a 77.2% increase over the past 30 days, according to DefiLlama data.

Where the money sits

Not all 26 chains are pulling equal weight. NEAR’s own chain holds roughly 52% of the total TVL, translating to approximately $87.23 million. Ethereum comes in second at around $45.89 million, with the remaining capital distributed across networks including Tron, Bitcoin, and BSC.

The DefiLlama snapshot places TVL at $167.55 million, while Dune Analytics recorded a daily figure of approximately $169.05 million on September 16. The slight variance between sources is standard for DeFi tracking, where measurement timing and methodology differences create small discrepancies.

How intents-based execution works

Traditional cross-chain swaps require users to navigate bridges, select routes, and manage gas fees across multiple networks. Intents-based protocols flip that model. Users declare what they want to accomplish, a destination token and amount, and a network of solvers competes to fulfill that intent as efficiently as possible. The user doesn’t need to know which bridge gets used or how many intermediate hops the transaction takes.

NEAR Intents adds another layer to this by supporting both public and confidential transaction modes. The privacy-preserving option lets users execute cross-chain transfers without exposing transaction details on-chain.

Revenue and volume tell a deeper story

NEAR Intents generated approximately $5.87 million in fees over the trailing 30-day period, with $1.29 million flowing directly to protocol revenue. Cumulative transaction volume has reached into the tens of billions.

What’s driving the growth

The integration with various wallets and aggregators has expanded its distribution surface, making NEAR Intents accessible to users who may never visit the protocol’s interface directly.

The expansion to 26 supported chains creates network effects that compound over time. Each new chain integration adds potential routing paths, which gives solvers more options for fulfilling intents efficiently. The risk surface expands with each integration, though. Supporting 26 chains means 26 potential points of bridge vulnerability, smart contract risk, and chain-specific edge cases.