- NEAR Intents permits one-click swaps into Sui from 20+ chains with out utilizing bridges.
- Integration helps 100+ property, bettering cross-chain entry to Sui’s rising DeFi ecosystem.
- Sui’s TVL hits $1.7B as NEAR Intents boosts liquidity and developer adoption.
A brand new blockchain integration has gone reside, linking NEAR Protocol and Sui Community by NEAR Intents, a product meant to simplify asset transfers throughout completely different chains. The launch will allow customers to swap property from over 20 blockchains immediately into Sui with out requiring bridges, gasoline on a number of networks, or a number of pockets approvals.
NEAR Intents permits customers to carry out cross-chain asset swaps by expressing their desired motion, similar to exchanging tokens, with out manually coping with good contracts or a number of protocols. The system depends on solvers, which determine probably the most environment friendly route for fulfilling the person’s request. This mechanism permits seamless execution of swaps from native tokens on chains like Bitcoin, Ethereum, Solana, Dogecoin, XRP, NEAR, and Zcash immediately into Sui’s ecosystem.
With this integration, customers not must depend on token bridges or custodial intermediaries. Swaps are executed immediately on-chain and accomplished in seconds. Over 100 native property can be found by the interface, providing broad entry with minimal interplay, usually in simply three clicks.
Intents Structure Enhances Consumer Management
The intent-based system removes the necessity for handbook gasoline administration or advanced person interfaces. Transactions similar to over-the-counter trades and peer-to-peer present transfers can be accomplished utilizing the identical course of. Moreover, based on the report, customers retain management over their property all through the transaction, and swaps are finalized with out compromising pace or safety.
Illia Polosukhin, co-founder of NEAR Protocol, acknowledged that the combination expands entry to unified liquidity and simplifies person expertise by enabling native asset swaps in a single step. The method is designed to work with out exposing customers to friction factors widespread in conventional cross-chain functions.
Integration Timed With Sui’s DeFi Progress
The launch comes at a time of elevated exercise within the Sui ecosystem. In line with latest knowledge, Sui now holds over $1.7 billion in whole worth locked (TVL), rating it ninth amongst all blockchain networks. Within the final 30 days, Sui recorded $8.1 billion in decentralized trade (DEX) buying and selling quantity, inserting it eighth within the world rankings.
Additionally, the market cap of the stablecoin developed by Sui surpassed the billion-dollar mark in June 2025, greater than 180 p.c because the begin of the 12 months. New NEAR Intents integration matches this progress path because it eliminates friction in onboarding the person and higher the interoperability of property.
Builders constructing on Sui can now use NEAR Intents inside their decentralized utility to facilitate cross-chain performance while not having to depend on bridges or multi-chain coordination layers. The combination has been launched, and extra Sui-native tokens must be supported within the coming weeks.
