NEAR Protocol Surpasses Avalanche in 24-Hour DEX Volume

NEAR Protocol recorded $197.55 million in 24-hour decentralized exchange volume on October 1, 2026, slightly outpacing Avalanche's $193.92 million. Growth on the NEAR network is largely attributed to its intent-based trading architecture, NEAR Intents, which has processed over $31 billion in cumulative volume. Additionally, rising interest in liquidity projects like Rhea Finance and advancements in privacy features have contributed to the network's activity.