NEAR's Confidential Intents Surpasses $50 Million TVL Milestone

The total value locked (TVL) in Confidential Intents on the NEAR Protocol has surpassed $50 million, marking a significant milestone for the project.

This achievement is notable because it brings the project just $20 million away from triggering a snapshot for the [email protected] campaign.

To qualify for the rewards, users must maintain a confidential balance on near.com and execute at least one confidential swap.

The growing TVL in Confidential Intents reflects increasing user engagement within the NEAR ecosystem, which is currently showing mixed signals in the broader cryptocurrency market.