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[SITUATION] · [ACTIVE] · [TECHNOLOGY]

2 clusters · 8 sources · 6 days · First seen · Last updated

NEAR Protocol infrastructure and feature expansion

Overview

NEAR Protocol has implemented several technical and liquidity-focused updates. The protocol expanded its infrastructure by activating 17 independent operators on its mainnet multi-party computation network to strengthen its Chain Signatures signing layer. This was accompanied by an integration with Sunrise, a liquidity layer on Solana, which enables NEAR liquidity to flow into Solana wallets and aggregators without manual bridging.

Additionally, the protocol introduced a cross-margin option for its Hyperliquid-powered perpetuals interface. This feature allows multiple positions to utilize a single shared balance at the account level. While NEAR emphasizes the confidentiality of deposits and withdrawals to Hyperliquid accounts, the system notes that Hyperliquid’s perpetual order books remain visible on-chain.

Entities

NEAR Protocol · Sunrise · Hyperliquid

Timeline

  1. [TECHNOLOGY] 3 sources
    NEAR Protocol introduces cross-margin for Hyperliquid-powered perpetuals

    NEAR Protocol has launched cross-margin functionality for its Hyperliquid-powered perpetuals, allowing users to pool collateral across multiple positions while claiming enhanced transaction privacy.

  2. [TECHNOLOGY] 6 sources
    NEAR Protocol expands infrastructure and integrates with Solana

    NEAR Protocol has activated 17 MPC network operators and launched a liquidity integration with Solana via Sunrise, enabling seamless cross-chain trading.

Sources

ambcrypto.com · blockonomi.com · blogs.airdropalert.com · crypto.news · rande-academy.cz · tokenpost.com · tradingview.com · tronweekly.com