July 17, 2025 – The Sui Foundation and NEAR Protocol have announced a strategic integration: NEAR Intents now supports the Sui blockchain, enabling instant, intent-driven asset swaps across more than 20 major blockchains directly into Sui—no bridges, no wallets, no gas headaches.
🚀 Key Highlights:
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One-click cross-chain swaps: Users can seamlessly convert assets like BTC, ETH, SOL, XRP, DOGE, and ZEC into native SUI, with no manual bridging or token wrapping.
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Intent-based UX: The integration leverages NEAR’s unique “intents” model—users specify what they want (e.g., “swap 1 ETH to SUI”), and the network finds the best path and executes the trade on their behalf.
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Frictionless experience: No need to manage gas across chains, approve smart contracts, or interact with multiple UIs. Everything completes within seconds.
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Composability: Developers can now embed peer-to-peer swaps, gifting via links, and other cross-chain features directly into Sui-based dApps.
💬 Industry Commentary:
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Illia Polosukhin, NEAR co-founder: “Swapping native assets in one click brings true interoperability to all of Web3 and unlocks powerful new DeFi and AI use cases.”
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Christian Thompson, Sui Foundation Managing Director: “This integration gives users control over value exchange—fast, private, and intuitive.”
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Alex Shevchenko, Aurora Labs CEO: “Now anyone can swap across 20+ chains into Sui in seconds, all on-chain and without losing composability.”
📈 Strategic Implications:
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DeFi growth on Sui: With over $1.7 billion in total value locked and more than $8.1 billion in monthly DEX volume, Sui is rapidly becoming a key player in the cross-chain economy.
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Developer enablement: This integration reduces the complexity of building multi-chain apps. No need for custom bridges or third-party aggregators—just plug in NEAR Intents and go.
NEAR Intents is live on Sui now, with more token support and advanced features coming soon.
Updated: July 17, 2025
