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NEAR Protocol

NEAR Protocol

The Blockchain for the Open Web

Launch Year
2020
Consensus
Nightshade Proof of Stake
Max Supply
Unlimited
Block Time
~1 second
NEAR
NEAR
NEAR Protocol
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
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NEAR Protocol Price Chart

NEAR / USD
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About NEAR Protocol

NEAR Protocol is a high-performance, developer-friendly blockchain designed for building decentralized applications (dApps). Founded by Alex Skidanov and Illia Polosukhin, NEAR uses a unique sharding mechanism called Nightshade that enables it to process transactions at speeds rivaling centralized systems. NEAR stands out for its human-readable account names, low transaction fees, and an ecosystem rapidly expanding into DeFi, NFTs, and AI applications.

History

2018
NEAR Protocol founded by Alex Skidanov and Illia Polosukhin, both former Google engineers
2020
NEAR mainnet launches with Nightshade sharding architecture
2021
NEAR raises $150 million; ecosystem fund established for developer grants
2022
NEAR becomes hub for Web3 projects as Aurora (EVM layer) gains traction
2023
NEAR integrates AI tools for blockchain development; Foundation focuses on AI+Web3 convergence

How to Swap NEAR

Swap NEAR Protocol tokens on SyntheticSwap with zero registration required. Select NEAR as your input or output token, enter your NEAR wallet address and desired amount, and confirm the exchange. The swap is processed at current market rates with your assets delivered directly to your wallet without any intermediary custody.

How to Store NEAR

NEAR tokens can be stored in the official NEAR Wallet (wallet.near.org) which supports human-readable account names. MyNEARWallet and Meteor Wallet are popular alternatives with additional DeFi features. Hardware wallets with NEAR support, such as Ledger, offer the highest security for long-term storage. NEAR accounts use readable addresses instead of cryptographic hashes, making fund management easier.

Frequently Asked Questions