Same pages and numbers in both modes. Easy uses everyday words; Pro has the full detail.
Loading the Numbers
Reading the published files. Nothing is shown until they arrive.
Every Chart in One Place
What this page answers: what every chart on this site says, all in one place.
Each chart on this site with what it says today, one plain sentence on what it shows, and the query behind it. The same files feed every page.Every chart from the other pages, side by side. Each one says what it shows today, what it measures in one plain sentence, and where to check the numbers yourself.
The Five ReadingsThe Five Questions
2 Bullish, 2 Neutral, 1 Not Measured.Two signs look good, two are unclear, and one cannot be answered right now.
Pricing PowerWhen fees go up, do people stop swapping?
Elasticity −0.06 (−1.64 to 1.51), fee-tagged (token_diff) swaps onlyBarely, as far as we can tell, but the data is too thin to be sure (−0.06)
When a frontend changed its fee, whether its volume moved more than the same dates with no change. It reads Bullish only if the whole interval is above −1.When an app changed its fee, whether people swapped less afterwards than on days with no change.
NEAR's Share of FeesDoes NEAR keep a fair share of the fees?
32% last 30 daysNEAR keeps 32% of the swap fees (last 30 days)
The part of Intents fees that DefiLlama books as NEAR revenue over the last 30 days.The part of the swap fees that NEAR keeps, as DefiLlama counts it, over the last 30 days.
Flow went private: treasury 96% of USDNearly every dollar went private, so we can’t see the traders right now
What solvers keep on public $1k to $10k swaps, and how much the top 3 fill. Not Measured while the Treasury carries over 50% of counted USD.What the traders keep on public swaps, and how much the three biggest of them fill. It cannot be answered while most of the money goes private.
Largest IntegratorDoes one app bring most of the business?
SwapKit 76% of visible app feesThe biggest app, SwapKit, brings 76% of the app fees we can see
The largest frontend's share of visible app fees over the last 30 frozen days.The biggest app’s share of the app fees we can see, over the last 30 saved days.
90-day revenue rose over the last 3 monthsYes: it rose at each of the last three month-ends (90-day total)
Whether the 90-day revenue total rose or fell at each of the last three month-ends.Whether NEAR’s fee income over 90 days went up at each of the last three month-ends.
Volume Against the Threshold (Home Gauge)How Far Swapping Is From the Target (Home)
Volume Must Reach 3.1× Today before buybacks cover 1.6% issuance.Swaps Must Grow to 3.1× Today so fees can buy back the new NEAR coins.
$0B
$5B
$10B
$15B
$20B
$25B
Today $3.77B
last 30 days
$11.7B
under the 1.6% plan that passed its vote
$18.3B
if issuance stays at 2.5%
$7.9B
short each month at 1.6% issuancestill missing each month at 1.6% issuance
$7.9B
short each month at 1.6% issuancestill missing each month at 1.6% issuance
$0$25B
Today $3.77B
last 30 days
$11.7B
under the 1.6% plan that passed its vote
$18.3B
if issuance stays at 2.5%
How far monthly Intents volume sits below the level at which buybacks would cover new NEAR issuance.How far the money swapped each month is from the amount that would let buybacks cancel out the new NEAR coins.
Source: DefiLlama volume and revenue, NEAR RPC supply. Stored in data/published/model_inputs.json.
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Source: DefiLlama volume and revenue, NEAR RPC supply. Stored in data/published/model_inputs.json.
What a $10,000 Swap Costs (Follow the Fee)What a $10,000 Swap Costs (Follow the Fee)
$63.26 in total, 63.3 bps of what goes in, from 46 real public swaps of $10k to $100k on chain, 6 Nov to 12 Nov.Swap $10,000 and you get about $63.26 less back (63.3 ). We worked that out from 46 real public swaps of $10k to $100k, 6 Nov to 12 Nov.
All-In $63.26Total $63.26
63.3 bps below the outside price63.3 bps less than the market price
$3.45 Outside the App Fee$3.45 Not From the App
Protocol fee $0.01 and solver spread with price noise $3.44NEAR Intents’ own fee $0.01, and $3.44 to the trader or price moves
0%25%50%75%100%
$59.81
App Fee, 59.8 bpsThe App’s Fee, 59.8 bps
The fee a frontend takes, read on chain as a separate transfer from the user to a fee account. Only fee-tagged swaps (logged as token_diff, which name the frontend and its fee) show it: 74.4 bps on those. Plain transfer swaps, 20% of this public USD, carry no fee record, so any fee they charge sits in the rest below.The app you used to swap keeps this for itself. We can see it because it’s paid as its own transfer, but only on one kind of swap (74.4 bps on those). The other kind, 20% of this money, shows no fee, so whatever those apps charge ends up in the leftover below.
—
Withdraw Fee, Not in These SwapsWithdraw Fee, Not Here
Paid when funds leave intents.near for another chain, outside the swap itself, so the chain swaps here do not hold it.You pay this only when you move money out to another blockchain. That’s a separate step, so these swaps don’t include it.
$0.01
Protocol Fee, 0.01 bpsNEAR Intents’ Own Fee, 0.01 bps
Charged by the intents.near contract on fee-tagged swaps: fee() is 1 pip, which is 0.01 bps, and it has read the same at every check since at least 24 Jan 2026. It goes to the contract's fee collector, account 7066024d…7f05. Plain transfer swaps pay none.A tiny fee built into ’ code. Its setting reads 1 pip, which is 0.01 , and it hasn’t changed at any check since at least 24 Jan 2026. It goes to NEAR Intents’ fee account, and only one kind of swap pays it.
What is left after the fees above: what the solver kept, any fee charged inside its price, and price movement within the hour (prices are hourly). On fee-tagged swaps alone it is 4.1 bps; on plain transfer swaps 0.7 bps. Shown, never hidden.Everything we can’t pin to a named fee: what the trader () who filled the swap kept, any fee tucked into the price, and prices moving during the hour we measure. It’s 4.1 bps on swaps that show an app fee and 0.7 bps on the others.
Not in the split above. Funds go to the Confidential Intents treasury, the swap settles on a private chain, and funds come back. Matching each deposit into the treasury with the funds that came back out, 1,529 round trips of $10k to $100k cost 94.1 bps all-in; they are 97% of the USD of this size. Any fee on this path is hidden, so none of it is called an app fee or a solver spread, and its app fee is not read as 0.These aren’t in the split above. The money goes through the doorway into the private system (), the swap happens out of sight, and the money comes back. 1,529 of these round trips of $10k to $100k cost 94.1 bps in total, and they carry 97% of the money at this size. We can’t see the fees inside, so we don’t guess them.
4.9 bps
NEAR RevenueNEAR’s Cut
Part of the fees above, not on top of them. DefiLlama books 4.9 bps of Intents volume as NEAR revenue over the 30 days to 12 Nov, all Intents. The chain does not show which fee account is NEAR's, so it can't be traced swap by swap.The part of the fees above that NEAR keeps. It’s not an extra charge. counts it as 4.9 bps of all the money swapped over the 30 days to 12 Nov. We can’t tell which account is NEAR’s, so we can’t follow it swap by swap.
4.9 bps
BuybackBuyback
All of NEAR's captured Intents revenue over the same 30 days bought NEAR on the open market, as DefiLlama books it (buybacks began on 23 Feb 2026), so the buyback is the NEAR revenue above. The bought NEAR is not burned (DefiLlama methodology).NEAR used all of that income over the same 30 days to buy NEAR back on the open market. That’s called a , and the figures come from . Buybacks began on 23 Feb 2026. The NEAR bought back is kept, not destroyed.
Where the cost of a real public swap goes, with anything the fees do not explain shown as the rest.Where the cost of a real public swap goes, with anything we cannot explain shown as the rest.
Source: Frozen chain days in data/chain, DefiLlama hourly prices. PREREG.md section 7, amendment A2.
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Source: Frozen chain days in data/chain, DefiLlama hourly prices. PREREG.md section 7, amendment A2.
Fee Changes on a Date Axis (Elasticity)The Fee Changes We Studied (Elasticity)
UnderpoweredNot Enough Data Yet
Where the Answer SitsOur Best Guess and Its Range
Dot: the estimate. Bar: the 95% interval. Pale band: effects too small to tell from chance.Dot: our best guess. Bar: where the real answer probably is. Grey band: too small to tell apart from luck.
−3−2−1012−1.641.51
0 fees do not change volume. −1 volume falls as fast as the fee rises, so revenue stays flat. Left of −1, a higher fee loses revenue.0: fees don’t change how much people swap. −1: swapping drops as fast as fees rise, so income stays the same. Left of −1: raising the fee loses money.
28 Frozen Fee Changes28 Fee Changes We Studied
Each tick is one of the 28 fee changes that pass the rules in PREREG.md (21 usable. Left out: 6 with under $50,000 in the 7 days before; 1 because a window has under 4 days, runs past the data, lacks a control day, or another change of its own touches it).Each line is one time an app changed its fee (21 had enough data to use).
1 Oct11 Jan23 Apr2 Aug12 Nov
Minimum detectable effect: 2.02 either way (2.8 × the placebo spread, for 80% power at p = 0.05)The data can only spot a reaction bigger than 2.02. Anything smaller stays invisible.
Each tick is a fee change that held for 7 days on both sides; the plot shows how far volume moved for a given change in fee.Each line is a fee change that held for a week on both sides; the chart shows how much swapping moved.
Source: BigQuery intents.near logs to 3 Oct 2026, then frozen chain days. PREREG.md section 3, amendment A4.
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Source: BigQuery intents.near logs to 3 Oct 2026, then frozen chain days. PREREG.md section 3, amendment A4.
Move a Number, See the Threshold (Model)Move a Number, See the Threshold (Model)
The monthly volume at which buybacks cover issuance, for any issuance, price and buyback share you set.How much swapping a month would let buybacks cancel out the new coins, for any setting you choose.
Source: DefiLlama and NEAR RPC. Stored in data/published/model_inputs.json.
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Source: DefiLlama and NEAR RPC. Stored in data/published/model_inputs.json.
Who Brings the Volume? (Concentration)Who Brings the Volume? (Concentration)
Share from the largest integrator and the largest solvers, by swap size. Both are read from our data.If most swaps come through one app, or are filled by a few traders (), NEAR’s fee income depends on them staying.
Swap Size
Largest IntegratorBiggest App
Top-3 Solver ShareTop 3 Traders
HHI
$0 to $1k
SwapKit 72%
70%
2,060
$1k to $10k
SwapKit 78%
73%
2,083
$10k to $100k
SwapKit 70%
89%
3,239
$100k and Up
SwapKit 81%
100%
3,343
How much of each swap size comes from the largest frontend and the largest solvers on public swaps.How much of each swap size comes from the biggest app and the biggest traders.
Source: Frozen chain days in data/chain. The Treasury is never counted as a solver.
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Source: Frozen chain days in data/chain. The Treasury is never counted as a solver.
Side Measures (Set No Reading)Extra Measures (They Answer Nothing on Their Own)
Confidential ShareHow Much Goes Private
The Confidential Intents treasury carried 96% of counted USD over the last 7 frozen days. Confidential share 97%: other accounts' deposits into the treasury as a share of the flow still visible (7 of 7 days read).
Other accounts' funds going into the Treasury, as a share of the flow still visible. It sets no reading.How much of the money we can still see goes into the private system. It answers nothing on its own.
Source: dip4 transfer events (the event standard intents.near logs) to and from the Treasury on intents.near, in data/treasury. PREREG.md amendment A2 rule 8.
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Source: dip4 transfer events (the event standard intents.near logs) to and from the Treasury on intents.near, in data/treasury. PREREG.md amendment A2 rule 8.
How Much the Public Chain Still SeesHow Much the Public Chain Still Sees
3.95
3.95: DefiLlama volume divided by chain-counted USD over 7 days, on 2026-11-12 ($953M against $241M). Before 27 Oct it ran from 3.65 to 4.38. A higher ratio means the chain sees less, which is lost sight, not lost demand. It carries no line and no state: chain days reach only 23 of the 90 days before 27 Oct, too few to set one (amendment A3).
DefiLlama counts about 4.0 times the swapping we can see on the public record, in the range it had before 27 Oct (3.6 to 4.4 times).
DefiLlama volume divided by chain-counted USD: a rise means the chain sees less, not that demand fell. It has no line and no state.How much of the swapping the public record still shows. When it shows less, swaps moved out of view; it does not mean fewer people are swapping.
Public Activity on intents.nearActivity on NEAR Intents
Each week of transactions, signing accounts, receipts and NEAR burnt as gas, from the BigQuery public dataset. Treasury traffic is in these counts, so more activity is not more swaps, and signers are mostly relayers and solvers, not users.
Weekly counts of activity on NEAR Intents. They include the private system’s traffic, so more activity does not mean more swaps.
Transactions
878,046
Week to 6 Nov
21 Aug6 Nov
Signers a Day
149
Week to 6 Nov
21 Aug6 Nov
Receipts
2,701,678
Week to 6 Nov
21 Aug6 Nov
NEAR Burnt
675
Week to 6 Nov
21 Aug6 Nov
Confidential settlement begins (the week holding 27 Oct 2026)Private swaps begin (the week holding 27 Oct 2026)
Transactions, signing accounts, receipts and NEAR burnt each week, as a chart and table. Treasury traffic is in these counts, so more activity is not more swaps.Transactions and accounts each week. They include the private system’s traffic, so more activity is not more swaps.
Source: BigQuery public dataset crypto_near_mainnet_us, the last 90 finished days, re-run weekly by the activity job.
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Source: BigQuery public dataset crypto_near_mainnet_us, the last 90 finished days, re-run weekly by the activity job.