NEAR Protocol Launches Confidential Intents to Support Confidential Execution Features
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NEAR Protocol has announced the launch of Confidential Intents, providing developers with access to confidential execution infrastructure. Developers and dApps can offer confidential trading features through the NEAR Intents 1Click Swap API. Confidential Intents utilize encryption, eliminating the need for client-side proofs and simplifying wallet usage; user data is encrypted separately. Integration requires only the addition of one parameter, with no need for reconstruction. Over $1.5 billion in ZEC has been settled through NEAR Intents, and within weeks of going live on near.com, 42% of transaction volume utilized the confidential mode, with daily confidential TVL exceeding $30 million.
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