Check It Yourself

Pricing PowerWhen fees go up, do people stop swapping?

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?

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.

Solver CompetitionDo the traders really compete?

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?

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.

Path to DeflationIs NEAR's fee income growing?

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)

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.

What a $10,000 Swap Costs (Follow the Fee)

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.

Fee Changes on a Date Axis (Elasticity)The Fee Changes We Studied (Elasticity)

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.

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.

Who Brings the Volume? (Concentration)Who Brings the Swaps? (Concentration)

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.

Confidential ShareHow Much Goes Private

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.

How Much the Public Chain Still Sees

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

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.