Sui announces integration with NEAR Intents, introducing fast cross-chain exchange for the ecosystem

According to 深潮 TechFlow, on July 21, Sui announced its integration with NEAR Intents, which is built on the NEAR Blockchain. This integration allows Sui users to bypass the traditional complex smart contract processes and simply express their intentions. The requests will be automatically routed and executed along the optimal path by a “solver”, enabling seamless interactions with 20 chains and over 80 types of assets, providing a fast and simple cross-chain exchange experience. Users can now directly exchange assets from other chains such as NEAR, BTC, ETH, SOL, XRP, DOGE, ZEC into the Sui ecosystem without relying on bridges or intermediary tools.

The integration is now officially online and available for use. Developers can now directly integrate NEAR Intents into Sui applications, enhancing functionality and expanding user coverage. In the coming weeks, more Sui native assets will also be included in support, further expanding its application value.

The integration of Sui with NEAR Intents will enhance the interoperability of the Sui ecosystem, further building a flywheel for ecological growth, especially at the critical juncture of the rapid development of Sui DeFi. As of now, Sui’s TVL has exceeded 2.2 billion USD, ranking 8th among all blockchains. In the past 30 days, the trading volume of Sui DEX has exceeded 8.1 billion USD, ranking 8th. Meanwhile, the market capitalization of Sui stablecoins surpassed 1 billion USD in June, growing over 180% since the beginning of the year.