Aptos Integrates with NEAR Intents; Cross-Chain Volume Nears $1 Billion
The Aptos network has joined 20 interconnected blockchains via NEAR Intents, a cross-chain protocol leveraging NEAR's infrastructure. Key points include:
- NEAR Intents supports over 115 tokens and has processed nearly $1 billion in volume through almost 2 million swaps.
- A pull request on September 3 enabled support for the Aptos network and included APT and USDT as supported tokens.
- NEAR Protocol announced the partnership with Aptos and Shelby for decentralized AI storage shortly after the integration.
- NEAR Intents has completed $955.66 million in swaps across various blockchains, including Bitcoin, Ethereum, and Solana.
- Aptos users can conduct transactions between these networks with low fees (as low as $0.01) and quick finality (1.2 seconds).
- Cardano may be integrated into NEAR Intents by the end of September, following similar timelines as Aptos.
- In the past month, NEAR Intents achieved approximately $302.73 million in volume, showing strong growth.
- The protocol is utilized by applications like Zashi and ThorSwap to facilitate transactions.
- Aptos will unlock around $50 million in APT tokens this month, contributing to a total of $4.5 billion in expected unlocks across cryptocurrencies.
For more information on specific cryptocurrencies, visit APT.