NEAR Protocol (NEAR) News

What NEAR shipped last month: ✦ NEAR Intents crossed $37B+ in all-time volume and 37M+ total swaps. ✦ Confidential Intents TVL crossed $145+ million. ✦ 1,000,000+ $NEAR is now staked to power confidential inference. ✦ @brave Leo now runs on private AI inference from NEAR AI

A 5-minute walkthrough of all 13 NEAR Hackathon tracks from @joespano_ (@NEARDevHub): what each one asks for, which docs to open first, and copy-paste prompts for whatever agent you use to get you started. Watch now and start building, submissions close Nov 14, 23:59 UTC.

Builders gathering across continents for the NEAR Hackathon. Chicago, Bolivia, Malaysia & NYC meetups this November. Connect, refine ideas, and ship together. Register for an event near you 👇

October was the highest revenue-generating month all-time for NEAR Intents. Here’s a look back at the full month, including new networks, new launches, and new capabilities on https://t.co/sryybkRtlA. NEAR Intents in October, by the numbers 🧵 https://t.co/Vp8qswvT5D

Submissions are now open for the NEAR Hackathon. Two weeks to build across 13 tracks. $250,000 in prizes. No sign-up required. Build a working prototype, publish a public repository and demo post, then submit by November 14 at 23:59 UTC.

And we're off. NEAR HACKATHON is officially underway! You have two weeks to take an idea, explore one of 13 tracks, and turn it into a working project. > $250K in prizes > Submissions open until November 14 Find your track and get started here: https://t.co/sPIHZNmhZM

Make the move to https://t.co/sryybkRtlA. Bring your assets from any chain. Your balances and activity stay confidential. https://t.co/y4mMdK8LSu

The Bitcoin whitepaper, section 10: Privacy. 18 years later, https://t.co/sryybkS1b8 keeps your $BTC balances and activity out of public view. Swap, hold and pay anyone from one account. https://t.co/OSwPT5HlI4

ELECTION DAY FUTURES UPDATE: 1. S&P 500: -0.9% 2. Dow Jones: -0.5% 3. Nasdaq 100: -1.9% 4. Crude Oil: -1.0% 5. Gold: +0.7% The Nasdaq 100 is now trading at its lowest level since July 26th. Markets are pricing-in a near-certain Democrat "sweep."

BREAKING: Market expectations for a Democrat "sweep" have surged to a new record high of 91% as polls begin closing across the US. US stock market futures are down to a new low of the day, down nearly -1% since polls began closing. Markets are pricing-in a near-certain political shift in the US.

It's officially election day. History says stocks are heading higher. In fact, the S&P 500 has closed GREEN in the year following every US Midterm election since 1980. As we noted in our analysis yesterday, we believe recent weakness in markets is largely a function of the uncertainty around Midterm elections. However, when this uncertainty dissipates, markets react positively. Since 1980, the S&P 500 has averaged a +14% gain in the 12 months following US Midterm elections. Furthermore, even after divided-government outcomes, the index has averaged a +15% one-year gain, compared to +12% under single-party control. Of course, the near-term picture will come with volatility and change. But, if history is any guide, it's a great time to be bullish. Turn on our post notifications at for real-time analysis as this develops.

What's happening now in the stock market is more than just a "correction in tech stocks." Sure, AI CapEx concerns are legitimate and investors will always care about profitability. But, there's more beneath the surface here. The reality is that the market is pricing-in a major shift in the political landscape of the US. Over the last 12 months, market expectations for a Democrat "sweep" of the US Midterm elections have tripled. Over the last 45 days alone, these expectations are up +30 percentage points. As it stands, markets themselves now see a near-80% chance of a Democrat "sweep" of the US Midterm elections. President Trump has already vowed to become "Mr. Veto" if this in fact does happen. This is post is not political, it's objective. A change in the political landscape always comes with uncertainty; markets hate uncertainty. Objectively, the market is in the process of pricing-in two years of political gridlock. Could this change? Of course. But markets price-in the most probable outcome, and the odds now overwhelmingly favor the aforementioned scenario. Tomorrow sets the stage for the next two years.

Great to see near:native rejoin the Bitwise 10 Crypto Index ETF $BITW! BITW is the largest crypto index ETF and anyone buying it now owns NEAR by default. Small weight for now (cap weighted) but big signal for allocators. Last time NEAR was in, BITW traded OTC. Now it's an https://t.co/ftgvr5SRA2

solana:8SMMso8Muv8d6i4WmMDthKt6TN1ysN6937sx3DKLXZqB has been allocated as part of the @NEARProtocol Hackathon Nov 1–14 prize pool Build the next wave of cross-chain DeFi with the RHEA X Chain SDK, powered by NEAR Intents. Let's build. https://t.co/dEeJysY87A https://t.co/irPdKbHwUV

NEAR Hackathon Track: Privacy & Private AI. ⠀ Confidential compute, private finance and AI that protects sensitive data, build on TEEs and NEAR AI Cloud. ⠀ Intelligence without exposure. ⠀ Full hackathon details:

BREAKING: Short interest in the Nasdaq 100 ETF, $QQQ, is up to ~82 million shares, its highest since March 2023. Over the last several weeks, this figure has surged +18 million shares, or +28%. Year-to-date, short interest in $QQQ has nearly doubled. Meanwhile, short interest in the S&P 500 ETF, $SPY, has declined -30 million shares since March, to ~92 million shares, near its lowest in at least 5 years. By comparison, during the 2022 bear market, short interest peaked at ~90 million shares for $QQQ and ~180 million shares for $SPY. Short interest in tech is very high right now.

NEAR AI Red is a new program for security teams putting private, verifiable AI to work. Participants receive: - Early access to upcoming models - Dedicated support - Input into the roadmap Apply at https://t.co/FdBHUK3un2

NEAR Hackathon Track: AI Security & Defense. Build spending limits, policy engines, sandboxed wallets, reputation and scam detection. Give AI funds without giving it the keys to everything. Get started 👇 https://t.co/UIr8pVect0

November 11th in London: NEAR x @Ondo mixer during Digital Asset Summit. Meet the teams bringing tokenized US stocks and ETFs to near.​com, available from 30+ chains and confidential by default. Apply to attend: https://t.co/YkWIuZ3AHR

BREAKING: Spot Bitcoin ETFs attracted +$176 million in inflows on Tuesday, following +$110 million in inflows on Monday. This was driven by the largest Bitcoin ETF, $IBIT, which attracted +$150 million on Tuesday and +$112 million on Monday. So far in October, $IBIT has seen +$986 million in inflows, putting it on track for its 4th consecutive monthly inflow, the longest streak since October 2025. Over this period, the fund has attracted +$5.7 billion, turning year-to-date inflows back to positive, at +$3.7 billion. Meanwhile, $IBIT assets under management (AUM) are up to $65.5 billion, near their highest since January 2026. Demand for Bitcoin is rising again.

The disconnect between oil stocks and the broader market has rarely been wider: The 6-month correlation between the S&P 500 Energy Sector and the S&P 500 is down to -0.38, near its lowest on record. This marks a sharp reversal from a positive correlation of +0.74 observed in June 2025. In the last week of September, this figure fell as low as -0.45, the lowest reading in data going back to the 1980s. The only other time since the late 1980s when the correlation between these two indices turned negative was in 2000 and 2001, during the Dot-Com Bubble burst. This all comes as the S&P 500 Energy Sector has rallied +23.1% over the last 6 months, significantly outperforming the S&P 500’s gain of +7.1%. Energy stocks are having a historic year amid the Iran War.

BREAKING: Trading turnover in 9 China ETFs favored by state-backed investors surged to $12.6 billion on Friday, its highest since July 20th and 2nd-highest since January. This figure has quadrupled since the beginning of the month. The surge was led by the E Fund ChiNext ETF, which attracted +$2.9 billion in inflows, its largest daily intake in 2 years. This follows +$6.9 billion in inflows into these 9 ETFs on Thursday, their largest daily inflow since April 2025. Meanwhile, the CSI Index is down -19% from its June 22nd peak, to near its lowest since July. At the same time, China’s margin debt has declined -18%, or -$830 million, to its lowest since October 2025, as investor appetite for leverage has rapidly weakened. China’s stock market is under pressure.