NEAR Protocol jumps nearly 28% as confidential perpetual futures launch

  • NEAR Protocol launched confidential perpetual futures on near.com through Hyperliquid.
  • NEAR rose nearly 28% in 24 hours to about $3.47 on Sept. 18, extending its weekly gain beyond 40%.
  • Confidential Intents exceeded $70 million in total value locked on Sept. 15, triggering a 333,333-token incentive snapshot.

NEAR Protocol’s token rose nearly 28% in 24 hours to about $3.47 on Sept. 18, extending its seven-day advance beyond 40% after the launch of confidential perpetual futures on near.com. Hyperliquid provides execution and liquidity, while NEAR’s Confidential Intents infrastructure supplies the privacy layer, allowing traders to open positions without publicly linking them to their accounts. More than 50 perpetual markets are available, with leverage of up to 40x. Confidential Intents exceeded $70 million in total value locked on Sept. 15, while cumulative Intents volume surpassed $19 billion across more than 35 chains.

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