Why is NEAR up ~59% this week? It made Hyperliquid perps private by default
NEAR is the loudest thing on the crypto tape right now — and it isn't just bitcoin beta. The token changes hands near $3.77 , up about 7% in 24 hours, 59% on the week and 116% over 30 days , on roughly $1.73bn of daily volume against a $4.9bn market cap (CoinGecko, 09:40 IST). More than a third of the float turning over in a day. The Defiant clocked Friday's leg alone at +32% , with NEAR leading the day's movers . What actually happened On 17 September , near.com switched on confidential perpetual futures . Deposits route through a "confidential shard" built on NEAR's Confidential Intents plus a trusted-execution-environment bridge, w…















