NEAR Intents reaches $29.5 billion in accumulated DEX volume. NEAR Intents on the NEAR Protocol is achieving figures that can no longer be ignored. The accumulated DEX trading volume on the platform has reached $29.5 billion. In just the past seven days, NEAR Intents processed $1.04 billion in trades, according to data from DeFiLlama. The platform also recorded a record-high single-day volume of $300 million on Thursday. No bridges, no wrapped tokens. The mechanism behind these numbers is relatively simple—at least from the user’s perspective. NEAR Intents is a multi-chain trading protocol that allows users to simply specify the outcome they want, after which third parties compete to deliver the best execution. For example, if a user wants to swap native BTC for SOL, they only need to state their desired outcome. A brief auction period of about one second is then opened. During this time, all connected solvers evaluate the feasibility of the trade and submit competitive quotes. Solvers do not draw liquidity directly from on-chain pools. Instead, they source liquidity from wherever the best prices are available—including order books of centralized exchanges (CEXs), OTC desks, other DEXs, and cross-chain arbitrage opportunities. Notably, this process requires no bridges or wrapped tokens. NEAR Intents also does not maintain its own liquidity pools. Liquidity is provided by solvers, enabling them to access sources that traditional AMMs cannot directly tap into—such as CEX order books, OTC desks, and arbitrage opportunities across multiple DEXs. The protocol currently supports over 31 blockchains. Users simply submit a trade request as an “intent,” and solvers compete to execute it at the best possible price by combining liquidity from both DeFi and CeFi. The final trade is settled atomically via a Verifier smart contract on NEAR. The entire process typically completes in under a minute. The protocol is growing at a rapid pace. Behind the $29.5 billion figure lies a steep growth trajectory. NEAR Intents reached $5 billion in accumulated trading volume in November 2025. By January 2026, this figure had doubled to $10 billion. Since then, the platform has continued accelerating. Recent weekly trading volumes indicate that adoption of NEAR Intents is still rising significantly. Starting in February 2026, revenue generated by NEAR from Intents is being used to buy back $NEAR tokens on the open market, thereby creating additional value for token holders. The protocol currently charges a base fee of just 1 basis point (0.01%), making NEAR Intents highly competitive compared to traditional cross-chain solutions. Not just for manual trading. NEAR Intents’ solver model also enables applications beyond manual trading. The “intent” model is especially well-suited for AI-driven trade execution. An autonomous agent can sign and broadcast an intent without needing to directly manage gas fees, bridge approvals, or the sequence of cross-chain transactions. The solver network handles routing and finds the optimal execution path. This positions NEAR Intents as an infrastructure layer capable of serving both everyday DeFi users and the rapidly growing market of autonomous on-chain agents.