Aptos and NEAR Partner for One-Click Cross-Chain Swaps

The collaboration integrates NEAR Intents and ShelbyServes’ hot storage, aiming to deliver seamless liquidity, instant transfers, and Web2-grade speed for Web3 applications.

NEAR
APT

Summary

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Terms & Concepts
  • Cross-Chain Swap: A process enabling users to exchange tokens between different blockchain networks without relying on centralized exchanges.
  • NEAR Intents: A mechanism within the NEAR ecosystem designed to simplify user actions by abstracting complex blockchain operations into single, user-friendly interactions.
  • Hot Storage: A form of cryptocurrency storage that remains connected to the internet for instant access and faster transactions, often used in active trading and liquidity provision.