What a $10,000 Swap Costs

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.

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 NEAR Intents’ code. Its setting reads 1 pip, which is 0.01 bps, 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.

Solver Spread, Unexplained Rest, 3.4 bpsWhat’s Left, 3.4 bps

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 (solver) 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.

Confidential Path, Reported ApartPrivate Swaps, Counted Apart

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 (Treasury), 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.

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. DefiLlama 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.

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 buyback, and the figures come from DefiLlama. Buybacks began on 23 Feb 2026. The NEAR bought back is kept, not destroyed.