NEAR Protocol trading volume reaches $10.41 billion in Q3 2026

NEAR Protocol reported a significant increase in trading volume through its Intents product, reaching $10.41 billion in the third quarter of 2026. This represents a 66.8% increase from the previous quarter and a massive 891% growth compared to the same period last year.

Monthly data indicates a steady upward trend, with volumes rising from $2.40 billion in July to $4.80 billion in September. The Intents product, which enables users to swap assets across more than 25 different chains, has become a significant revenue driver. Over the last 12 months, Intents earned approximately $8.5 million in revenue, including $2.3 million in the last 30 days.

Since February 2026, a portion of this revenue has been used to buy back NEAR tokens on the open market. Total buybacks have reached approximately $6.7 million to date, with Q3 buybacks ($3.07 million) doubling those from Q2.