Introducing NEAR Intents ❇️: THORSwap’s new revolutionary Cross-Chain Provider

10d ago•

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THORSwap is excited to officially unveil NEAR Intents: a revolutionary cross-chain protocol that has been quietly powering seamless swaps on our platform since June 12, 2025.

After four months, NEAR Intents has emerged to become one of our leading swap providers, powering swaps between Bitcoin, Ethereum, Solana, Zcash, XRP, TRON, Base, Dogecoin, and more, including of course NEAR Protocol itself.

Processing more than $22.8M in volume over the first 30 days, over the past four months, THORSwap users have organically traded over $132.8M+ in cross-chain volume. The recent growth of Zcash has only further accelerated usage and adoption.

Thanks to THORSwap’s robust backend powered by SwapKit, our NEAR Intents integration provides users access to more chains/assets, better pricing and an exceptional user experience.

Proven Performance

Since our June 12 stealth launch, NEAR Intents has demonstrated exceptional real-world performance:

$22.8M+ in volume processed in the first 30 days.
$130M+ volume in 120 days.

Case study

On July 22, 2025, a THORSwap user executed a 4.64 BTC to ETH.USDT swap worth $538,837 at the time. The result? Not only did they receive an extra $423.20 (extra!) in positive slippage, the swap only took 3 min 35 sec from mining BTC block till mining Ethereum block:

NEAR Intents has proven performance at scale.

What Are NEAR Intents?

NEAR Intents transforms cross-chain trading through an intent-based execution model that abstracts away blockchain complexity entirely. Traditional cross-chain swaps require users to understand multiple networks, manage gas tokens across chains, and manually execute multi-step transactions. NEAR Intents eliminates all of this friction.

Consider it an evolution of the classic Atomic Swap model, except instead of navigating complex transaction flows or waiting for a peer-to-peer swap UX, users simply express their intent: “I want to swap BTC for ETH” — and NEAR’s decentralized solver network handles everything automatically. Sign one transaction, and competitive relayers execute optimal routing across Bitcoin, Ethereum, Solana and many leading chains/ecosystems.

Source: NEAR Intents Developer Documentation

How NEAR Intents Works

Zcash to Solana cross-chain swap in a single seamless swap!

On THORSwap, NEAR Intent quotes are expressed natively as one of our many cross-chain providers. As always, users still choose supported assets for trading, confirm a quote and swap in one seamless transaction.

Under the hood, the cross-chain swap is completed in three key stages:

Intent Creation: broadcasts your desired trade outcome (the ‘Intent’ ie (ex: Swap BTC for ETH) to network of Market Makers (also called ‘Solvers’).
Market Makers Compete: A off-chain decentralized network of Market Makers (aka solvers) compete to fulfill your intent with the best pricing and fastest execution.
Intent Execution: If the quote from the Market Maker is accepted, the intent is executed by calling a “Verifier” smart contract on NEAR Protocol. This contract securely verifies and settles the final transaction.

This solver-based architecture creates a competitive marketplace where relayers are incentivized to provide optimal pricing and lightning-fast execution, benefiting our users with superior trade outcomes.

Once the swap is completed, the assets are received directly into your own self-custodial wallet, delivering the same smooth non-custodial cross-chain experience THORSwap’s known for since 2021.

Key Advantages of NEAR Intents

At THORSwap, we work rigorously with SwapKit to ensure all supported cross-chain providers are non-KYC, non-custodial and can deliver great execution. NEAR Intents nails all three: standing out as an innovative leader in cross-chain interoperability with key advantages:

Gas Abstraction: No need to hold native gas tokens on multiple chains. Relayers handle all chain-specific fees, and costs are simply deducted from your swap output.
Superior Pricing: Competitive solver markets ensure you get optimal execution rates. Compared to fixed liquidity pools, solvers actively seek the best available prices across diverse range of market makers and venues.
Lightning-Fast Settlement: NEAR Protocol’s 1.2-second finality enables near-instant cross-chain swaps. This ensures minimal delay between the native network’s own execution speed.
Permissionless & Secure: NEAR Intents is a decentralized solver network with minimal custodial risk. Your assets remain secure throughout the entire process.

Supported Chains on THORSwap

NEAR Intents currently powers cross-chain swaps for:

Bitcoin ($BTC)
Ethereum ($ETH) and other ERC20 assets
NEAR Protocol ($NEAR) and other NEP141 assets
Zcash ($ZEC)
Solana ($SOL) and SPL assets
TRON ($TRX) & TRON.USDT
XRP Ledger ($XRP)
Dogecoin ($DOGE)
Avalanche ($AVAX)
BNB Smart Chain ($BNB) and BEP20 Assets
Arbitrum ($ARB), ARB.ETH and other ERC20 Assets
And soon Polygon, Optimism, Berachain, Gnosis and more to launch

As THORSwap continues expanding chain support, NEAR Intents provides the infrastructure to seamlessly connect new ecosystems without traditional bridge dependencies.

Getting Started with NEAR Intents on THORSwap

Swapping to Native $NEAR is just as seamless as swapping to Native $BTC and more!

NEAR Intents is already live and working behind the scenes on THORSwap. To experience it:

Visit app.thorswap.finance
Select any supported cross-chain swap pair (e.g., BTC → ETH, ZEC → SOL, NEAR → USDT)
Connect your wallet and review the quote
Sign once — NEAR Intents handles the rest automatically
Voila! Sit back and wait to receive your assets. Track your swap in Transaction History.

That’s it. No bridges to navigate, no complex multi-step flows. Just pure, seamless cross-chain execution.

Join the Intent-Based Revolution

THORSwap’s integration of NEAR Intents marks a pivotal advancement in cross-chain DeFi. By combining THORSwap battle-tested platform as the OG Bitcoin DEX with NEAR Intents’ intelligent solver networks, we’re delivering the fastest, most efficient cross-chain trading experience available today.

In a world moving toward AI-driven transactions, chain abstraction, and seamless multi-chain experiences, NEAR Intents is leading the way to build the foundation for Web3’s Multichain future.

Experience it today at thorswap.finance

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For more information, visit our documentation or join our Discord community for 24/7 support.

Disclaimer: Cryptocurrencies and DeFi activities carry inherent risks. Always DYOR (Do Your Own Research) and consider your risk tolerance before engaging in any financial actions. The integration details shared above may be subject to change. Keep an eye on official THORSwap channels for the latest updates.

About THORSwap

THORSwap is the leading multi-chain decentralized exchange (DEX) aggregator powered by SwapKit. Perform cross-chain swaps in a permissionless, trustless, and non-custodial manner.