Topic · 5 pieces · 1 series

NEAR

The NEAR ecosystem: tokenomics, issuance and buybacks, launchpads and new distribution channels.

NEAR Intents settled$35B+as of 19 Oct

Intents revenue, Oct$2.19Mto NEAR buybacks

Max issuance2.5% → 1.6%HSP-029 passed

Data series

Series · Every MondayNext 16 Nov 2026

NEAR Weekly

Nov 2 to 8: Intents volume +4%, revenue −24%, $4.4M ETF outflows

First edition →

All research

Research note3 Nov 2026

Pump.fun adds NEAR: 15 NEAR tokens one step from a new audience

Pump.fun quietly added NEAR as a chain and integrated 15 NEAR tokens. Which tokens they are, how thin their liquidity is, and what earlier chain additions showed.

Research note29 Oct 2026

NEAR: lower issuance, growing buybacks. How large is the gap?

Two good things at once for NEAR: issuance is being cut and Intents revenue for buybacks keeps growing. But buybacks still cover only a fraction of new supply.

Research note20 Oct 2026

NEAR ETF ($NRR): flows since launch

Bitwise's NEAR ETF took in $88.5M in its first 15 trading days, relative to size more than SOL and XRP. Since 26 Oct it has seen its first outflows: cumulative net inflows are now $81.2M.

Research note19 Oct 2026

A map of the NEAR ecosystem

NEAR roughly doubled since mid-September and got a spot ETF. A map of 17 projects, sorted by what they do and whether they have a token.

Research note17 Oct 2026

RHEA: NEAR's liquidity hub, with real revenue and buybacks

RHEA merged Ref Finance and Burrow into ~95% of NEAR's DeFi TVL, is building the DeFi layer for shielded ZEC, and sends 100% of DEX revenue into RHEA buybacks.