NEAR Makes Perps Positions Confidential by Default

The NEAR Protocol has made a significant change to its near.com trading platform by making perpetual positions confidential by default.

This means that trades opened from an existing account cannot be traced back to the trader, providing an added layer of privacy for users.

The change does not require traders to opt in and applies to all positions on the platform without exception.

This move is distinct from optional privacy features because it removes the choice to expose positions, effectively making order flow on near.com anonymous.

Funding from any chain or asset remains supported, allowing traders to continue using their preferred funding sources without changing their setup.