NEAR Protocol Unveils Perpetual Trading with Up to 40x Leverage

NEAR Protocol has launched perpetual trading with up to 40x leverage, marking its entry into high-stakes, high-speed trading. The feature allows users to open positions across dozens of markets and deposit assets from over 35 chains into Hyperliquid's order books.

The move is a strategic bet on capturing the attention of active traders who seek leveraged exposure to crypto markets. By routing deposits through Hyperliquid, NEAR aims to remove friction points in DeFi trading and attract retail and institutional players alike.

While the launch represents NEAR's expansion into leveraged trading infrastructure, compliance with existing digital asset regulations is a top priority. The platform emphasizes that its new trading options fit within existing rules, positioning itself as a compliant player rather than one operating in a regulatory gray zone.