NEAR Intents September Fee revenue hits a new year-to-date high
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AT A GLANCE
NEAR Intents reported that September fee revenue hit a new year-to-date high, and that privacy mode may drive fund retention.
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NEAR Intents September Fee revenue hits a new year-to-date high
PANews October 3 reported, citing data from Delphi Digital, that the NEAR Intents launched by NEAR NEAR Intents achieved September the highest fee revenue of the year. Previously,NEAR adopted a measure to set the perpetual contracts of the high-performance decentralized derivatives trading platform Hyperliquid to private mode by default, and users use token swaps on NEAR Intents to deposit funds from other chains and participate in trading. The introduction of the privacy feature has led users to prefer retaining funds between trades, with confidential balances exceeding 70000000 USD on the first day after launch, which may be an early signal that market demand is translating into actual usage.
According to data from Delphi Digital,NEAR Intents achieved September the highest fee revenue of the year.
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NEAR set Hyperliquid perpetual contracts to private mode by default.
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Users can use NEAR Intents token swaps to deposit funds from other chains and participate in trading.
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Confidential balances exceeded 70000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Fee revenue reflects the revenue generated when users trade through the relevant feature. The report linked September revenue reaching a new high with Hyperliquid privacy mode for perpetual contracts and fund retention, but did not provide the underlying data details.
Why it matters to readers
If the data and statistical methodology are subsequently confirmed, this may indicate that NEAR Intents trading usage and revenue performance have improved.
This news can help beginners understand that fee revenue and fund balances are metrics for observing the usage of an on-chain trading feature, but monthly data alone cannot prove long-term growth.
Risks and unknowns
The original text only stated that the information was based on data from Delphi Digital and did not provide the original dashboard or on-chain details.
The statement that “the privacy feature led users to prefer retaining funds” was qualified with “may” in the original text, so the causal relationship has not been confirmed.
It is not yet clear September what the specific amount of fee revenue is, what the statistical methodology is, or whether it will continue.
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Related concepts
fee income
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
