NEAR Value
NEAR issuance, L1 fee burn and Intents buyback funding in one token economy.
Issuance & value capture
L1 + INTENTSL1 · ESTIMATENew issuance$3.03M
628,392.07 NEAR
L1 · ESTIMATEL1 fee burn$19.1K
3,961.36 NEAR
INTENTS · DEMANDIntents buyback funding$426.1K
88,747.83 NEAR equivalent
L1 + INTENTSIssuance covered14.7%
Fee burn + buyback funding
By USD value
Share of new issuanceUSD value
L1 fee burn 0.6%Intents funding 14.1%Uncovered 85.3%
Net supply change+624,431 NEAR
After fee burn · buybacks stay in supply
Funding needed for parity7.1× current Intents funding
At current issuance and fee burn
TOKEN & NETWORK
NEAR · Native L1 tokenNEAR L1
Total supply1.31B NEAR
1,310,084,684 NEAR
No fixed maximumStaked NEAR593.81M NEAR
593,806,269 NEAR
45.33% of total supply
Annual issuance cap2.5% / year
Up to $146.84M / year
32.75M NEAR / year90% security10% treasury
Where new NEAR goes
7 DAYSNew issuance$3.03M
628,392.07 NEAR
Security funding 90%$2.73M
565,552.87 NEARValidators & stakers
Protocol treasury 10%$303.2K
62,839.21 NEARtreasury.near
Network economics
Transaction fees$27.4K
5,659.08 NEAR
4,192,766 transactionsToken burn$19.1K
3,961.36 NEAR
70% of transaction feesNet supply change+$3.01M
624,430.72 NEAR
2.49% annualizedPRODUCT
Cross-chain executionNEAR Intents
Fees$1.22M253,901.3 NEAR equivalent
Revenue$426.1K88,747.83 NEAR equivalent
Buyback funding$426.1K88,747.83 NEAR equivalent
34.8%Fee capture
$7.16MTotal buyback funding
NEAR demandBuybacks stay in total supply
COMBINED VIEW
L1 + IntentsHistory & treasury
Supply, stake & treasury
Total supply$6.01B1,310,053,077.82 NEAR
Oct 26$6.89B$5.89B
Oct 20Oct 26
Issuance & value capture
7 DAYS · USDNew issuanceBuyback fundingFee burn
Oct 26Issuance $473.1KBuyback funding $77.6KBurn $2.4K
Treasury & revenue funds
Earned from Intents
Revenue from product fees.
| Wallet | NEAR | wNEAR | USD | |
|---|---|---|---|---|
| Front-end revenuefefundsadmin.sputnik-dao.near ↗ | 1,943,902.15 | 0 | $8,715,128.13 | |
| 1Click revenue1csfundsadmin.sputnik-dao.near ↗ | 270.88 | 0 | $1,214.42 | |
| Buyback fundbuybacks.multisignature.near ↗ | 2,090,700.47 | 0 | $9,373,271.43 |
Funded by issuance
About 10% of newly issued NEAR goes to the protocol treasury; 90% funds validators and stakers.
| Wallet | NEAR | wNEAR | USD | |
|---|---|---|---|---|
| Protocol treasurytreasury.near ↗ | 1,487,098.53 | 0 | $6,667,133.03 |
All figures
7 DAYS| Metric | NEAR | USD | Token impact |
|---|---|---|---|
| L1New issuance | 628,392.07 | $3,031,904.81 | Supply ↑ |
| L1Security funding | 565,552.87 | $2,728,714.33 | 90% of issuance |
| L1Protocol treasury | 62,839.21 | $303,190.48 | 10% of issuance |
| L1Network fees | 5,659.08 | $27,352.45 | Funds fee burn |
| L1Fee burn | 3,961.36 | $19,146.72 | Supply ↓ |
| L1Net supply change | 624,430.72 | $3,012,758.09 | Issuance − burn |
| IntentsProduct fees | 253,901.3equivalent | $1,223,609 | Revenue source |
| IntentsCaptured revenue | 88,747.83equivalent | $426,054 | Funds buybacks |
| IntentsBuyback funding | 88,747.83equivalent | $426,054 | Demand · supply unchanged |
Sources & calculations +
New issuance
Supply change + estimated fee burnIssuance covered
(Fee burn + buyback funding) / new issuanceNet supply change
Ending total supply − starting total supply- burn
- Fee-share model: network transaction fees × (1 − burnt_gas_reward). Contract rewards apply to eligible execution gas, so this is a simplified burn estimate, not an exact supply-burn ledger.
- supply
- Total supply comes from a finalized mainnet block; active stake is summed from current_validators in that block’s epoch, excluding proposals and next-epoch stake. NEAR has no fixed supply cap. Annual issuance and its 90/10 allocation are current-supply policy estimates before fee burn, not trailing-year observations.
- history
- Permanent daily history starts on 2026-10-01. Periods include completed UTC calendar days only; missing observations are unknown, never zero. Daily USD values use each day’s price. Historical stake and four treasury balances are pinned to the final produced block before the next midnight. Buyback funding is not subtracted from total supply.
- intents
- DefiLlama daily charts, matched to the same completed UTC dates. Revenue is external NEAR/wNEAR inflow to the three designated funds, excluding transfers within that group. Sweeps and fee accrual can occur on different dates; daily capture can exceed 100%.
- buybacks
- Source-reported buyback funding is the same captured revenue classified for holders, not an additional revenue stream. Independently executed purchases are not totaled. Buybacks remain in total supply and are not subtracted from observed net issuance.
- coverage
- Native NEAR and wNEAR held by the named accounts. Delegated stake, other assets and grants/spending are not reconciled. Wallet balances are holdings, not cumulative revenue or cumulative purchases.
- issuance
- Observed change in end-of-day total supply plus the modeled fee burn. This reconstructs gross issuance; it is not an epoch-reward audit.
- valuation
- Network and issuance USD sum each day at its NearBlocks daily price. Intents NEAR equivalents sum daily USD divided by that same daily price; these are not verified acquisition quantities. Wallet holdings use the separately timestamped reference price.
- allocation
- Security and protocol-treasury funding use the published measured 90/10 split as an estimate. Protocol treasury is distinct from the NEAR Foundation budget. The RPC protocol_reward_rate field does not establish the post-July-2026 split.