Every near.com launch removes one more thing you used to do somewhere else. Today, we're partnering with @Ondo to bring tokenized US stocks and ETFs into near.com, confidentially, with one account 🧵

$NEAR is now deployed on @HyperliquidX spot.

Inside every crypto user there are two wolves. One wants everyone to know their PnL. That's @fomo. The other wants no one to know they exist; that's what @NEARProtocol is for. Both will win, each by abstracting all of crypto behind a singular interface.

Ondo Stocks are now live on near․com and across @near_intents. Buy and trade NVDAon, TSLAon, AAPLon and more using crypto from 30+ supported chains.

interesting in some sense, NEAR could execute what ETH aspired to years ago i.e., it scaled via sharding & is now acting as the hub between many chains perhaps with a few tokenomics changes, you could bring back the programmable money dream monitoring *mute tweet*

the importance of NEAR is that it was very heavily venture backed and absorbed hundreds of millions of dollars of unlock sales completely. the VCs are out now. this helps resolve the debate for institutional allocators, "Can anything other than BTC work"

near intents tvl is going parabolic just crossed $200m for the first time and $500m doesnt look that far away massive

Recently many people discovered near.com and admitted the clean UX. I welcome you all! The thing that is not noticeable at first sight is the fees. We see all the fees that wallet providers take from users as we’ve built the market leading infra for swaps. For major wallets it’s 70-240 bps only to the provider. near.com is 35 bps right now (for pairs requiring trading), lowest in the market among mid to large sized wallets. This will change as near.com is adopting to the market. But right now you can get the cheapest multi chain wallet experience. With additional unique proposition of keeping your assets confidential. The technology that near.com is built on is called Confidential Intents and it’s available to everyone with no volumetric fees on deposits/withdrawals and no fees on holding assets inside the pool. In other words, it’s basically free, and the place where NEAR earns is swaps. We invite other wallet providers to use it and make assets of their users confidential.

So I tried $near intents....UI is fucking CLEAN. You you use your device's biometric data or existing passkey as sign in. Set up is literally in seconds then proceed to do swaps or perps as you normally would. The thing is, people are thinking of $NEAR only as $ZEC beta...and that is indeed one aspect....but the truth is no one actually fucking uses $ZEC and it makes no meaningful revenue. People ARE using $NEAR intents for private swaps/perps bc you can clearly see the near intents chart going parabolic like @Trader_XO posted this morning. Revenue is going parabolic too.

been thinking more on coherent messaging re: NEAR let's ideate from first principles: - the product of capitalism is markets - capitalism -> markets -> competition -> specialization -> fragmentation - within the specializations, there will be dominant leaders in each category - SoV: gold, zec, btc - trading: solana, hyperliquid, robinhood, binance - currencies: usd, eur, gbp - and on it goes: ai inference, private compute, real estate, international stocks, metals, e-commerce yada yada - this requires connective tissue, which has been traditionally served via something like binance - but one centralized company can not serve this need for infinite markets. there are too many handicaps, lack of network effects, and singular points of risk and stoppage. this is a rare case of decentralization being necessary. neutrality is non-negotiable for unstoppable global trade. - now, you may see where I'm going and say: well Ethereum and Cosmos already tried this. but that's wrong. what they tried to do was structurally flawed - those models required the succeeding nodes (L2s and L3s) to be from within the ecosystem, but that is incoherent since i) you can't force success, ii) if one were to succeed, they would just want to own the platform - the other model is of course the Solana/Hyperliquid model of having everything concentrated on the L1. this model works. however this requires a high-degree of specialization to be competitive. you won't out nasdaq solana. - but, NEAR does not need to do this. where there is concentration, there is also the need for connection. - especially with their chain signature architecture, instead of forcing new internal nodes, they can just discover the successful ones and connect them to each other without ideology (see: NEAR intents supporting ZEC but also ZEC on Solana!) - importantly, this is PvE and not zero sum. the more markets succeed, the more interesting NEAR becomes, i.e if Solana is one continent, and AI another, and Zcash another, then NEAR is the silk road. so I think the coherent message for NEAR is: the market of markets — the capital of capital

I'm liking this chart

near.com/ near used to be an L1 when they started off. they're now an onchain exchange... everything you can do on coinbase/binance, you can do on near dot com. they just route to the best venue/product incredible product execution.

Your money shouldn’t have to choose between earning and being useful. Starting today at near​.com, it no longer has to. Earn yield on your USDC, then use it just like regular USDC—pay with it, swap it, send it. It’s like magic.

NEW LAUNCH Confidential Intents is now generally available, bringing NEAR's confidential execution infrastructure to all builders. Devs and dApps can bring confidential execution to their users through the NEAR Intents 1Click Swap API. The privacy renaissance runs on NEAR 🧵

Steady lads, shipping features on near(.)com