NEAR Intents Posts Its Highest Monthly Fee Revenue of the Year

NEAR Intents recorded its highest monthly fee revenue of the year in September, while its privacy feature for Hyperliquid perpetual contracts drew a confidential balance above $70 million on launch day.

Users can deposit funds from other blockchains through swaps on NEAR Intents and participate in trading. Hyperliquid perpetual contracts were set to privacy mode by default.

The feature may have encouraged users to retain funds between trades. The first-day balance could be an early sign that demand was translating into use, but it does not establish how much September fee revenue came from Hyperliquid-related activity.