All of NEAR Intents' confidential money moves through one public account. In = Shield. Out = Unshield. We count both, straight from the chain — what happens in between stays private.
Window: 24 hours · 7 days · 30 days
① money enters publicly → ② trades privately — invisible, on purpose → ③ exits publicly. Net boundary flow is measured separately from the source-reported TVL.
TVL: As of 2026-09-28 UTC. Source: NEAR Revenue. Source-reported daily value; not a live balance.
Counting since Jul 20. Older history is still filling in, so these totals only cover part of the window. 2 recorded stream gap(s) — windows overlapping them are marked incomplete.
Top assets
What's actually going private. Stablecoins usually run the show.
Biggest single moves
Shield sizes
Not just whales — everything from double-digit transfers to $1M+ blocks.
Live feed
| Time (UTC) | Direction | Asset | Est. USD |
|---|---|---|---|
| 2026-09-29 18:32 UTC | Shield | USDC (eth) | $206 |
| 2026-09-29 18:32 UTC | Shield | USDT (eth) | $206 |
| 2026-09-29 18:32 UTC | Unshield | USDT (bsc) | <$1 |
| 2026-09-29 18:32 UTC | Unshield | USDT (eth) | <$1 |
| 2026-09-29 18:32 UTC | Unshield | BNB (bsc) | <$1 |
| 2026-09-29 18:32 UTC | Unshield | SOL (sol) | $44 |
| 2026-09-29 18:32 UTC | Unshield | USDT (eth) | $44 |
| 2026-09-29 18:32 UTC | Shield | USDT (eth) | <$1 |
Full feed with filters: Transfers. Want the raw data? JSON · CSV — free, no key.
How we count
- Moved through is the matched flow — the smaller of in vs out. Most confidential swaps go in and come back out within minutes, so either gross side alone overstates it, and adding them counts the same money twice.
- Net is estimated Shield USD minus estimated Unshield USD in this window. It is a flow, not a current balance: price changes, coverage gaps, and different valuation times prevent equating it with TVL. Reported TVL comes separately from NEAR Revenue with its own source date and caveat.
- USD values are estimates at the moment we saw each transfer, priced from public token feeds.
- Past the treasury, nothing is visible — to us or anyone else. That's the product. The way in and out is public, and that's what this page counts.
Read up on it
- How Confidential Intents works — NEAR's own architecture explainer.
- A confidential swap, step by step — the docs walkthrough of exactly what this page counts.
- Shielded, not anonymous — the skeptical read on what stays visible.
Frequently asked questions
- How much money moves through confidential on NEAR Intents?
- $1.2B made the round trip through private execution in the last 30 days, across 556,580 transfers. The difference between estimated inflows and outflows is net boundary flow; it is not a current TVL balance.
- How can you see this if it's confidential?
- Every dollar enters and leaves through one public account — the Confidential Treasury on intents.near. Going in and coming out is public. Everything in between (balances, swaps, who traded what) is private. We count the doorway, not the room.
- Why not add Shield and Unshield into one number?
- Because most confidential swaps go in and come back out within minutes. Add the two sides and you count the same money twice. The honest numbers are each side on its own — and the net difference between them.