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THORWallet Integrates NEAR Intents, Expanding Cross-Chain Swaps Across Multiple Networks

THORWallet, the mobile-first non-custodial pockets bridging DeFi and TradFi, has built-in NEAR Intents to allow a brand new layer of cross-chain swap routes. The function is now stay in each the THORWallet mobile app and web app, giving customers entry to much more liquidity and chain protection throughout the DeFi panorama.

With NEAR Intents integration, THORWallet customers can now seamlessly swap property throughout dozens of supported blockchains, together with Sui, Solana, Bitcoin, Ethereum, BNB Chain, Stellar, and extra. This improve enhances THORWallet’s present integrations with THORChain, Maya, Chainflip, Unizen and 1inch, additional reinforcing its place as probably the most complete cross-chain pockets for each new and skilled crypto customers.

“Integrating NEAR Intents marks one other main step towards a completely chain-agnostic swap expertise,” mentioned Marcel Harmann, CEO of THORWallet.

“Users can now transfer liquidity freely between ecosystems with out ever giving up custody, that’s what DeFi is supposed to be.”

The NEAR Intents protocol supplies a sturdy, decentralized framework for intent-based transactions, permitting customers to execute complicated cross-chain swaps with out bridges or wrapped property. This ensures transactions stay trustless, environment friendly, and gas-optimized throughout all supported networks.

Strong Growth Momentum for THORWallet

THORWallet has proven notable development and traction these days. Analytics from the platform present whole swap quantity surpassing $1.7 billion throughout tons of of 1000’s of transactions, with whole income exceeding $3.8 million. Such metrics mirror rising consumer adoption and deeper liquidity participation.

As THORWallet continues to broaden its multi-chain options and user-facing interface, the mixing of NEAR Intents is a well timed enhancement to seize much more of the rising cross-chain demand.

NEAR Intents Scaling Rapidly

On the opposite facet, NEAR Intents is experiencing accelerated development as a common transaction layer. According to latest information, NEAR Intents processed over $2.5 billion in quantity and supported over 6 million swaps throughout 123 property in lower than a 12 months.

In September alone, the protocol generated about $483 million in buying and selling quantity, underscoring rising adoption of its cross-chain transaction capabilities. By integrating NEAR Intents, THORWallet faucets right into a high-velocity community of intent-based transactions.

Users can discover all supported NEAR Intents chains by downloading THORWallet, and begin swapping at this time!

About THORWallet DEX

THORWallet DEX is a non-custodial, mobile-first pockets that empowers customers to swap, earn, and make investments throughout a number of chains — all whereas sustaining full management of their keys.

Backed by the THORChain protocol and different main DEX integrations, THORWallet DEX bridges the hole between decentralized finance and on a regular basis usability.

About NEAR Intents

NEAR Intents is a protocol developed inside the NEAR ecosystem to allow seamless, intent-based transactions throughout a number of blockchains. By permitting customers (or brokers) to declare what they wish to obtain (e.g., “swap token A on chain X for token B on chain Y”) as a substitute of managing every step manually, NEAR Intents abstracts away cross-chain complexity and unlocks environment friendly routing throughout the multi-chain world.

The publish THORWallet Integrates NEAR Intents, Expanding Cross-Chain Swaps Across Multiple Networks appeared first on BeInCrypto.

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