59 teams measured NEAR. Do their numbers agree?

We took 367 numbers published by 59 teams in this track, recomputed every one from raw public data, and built an investment thesis using only the numbers that hold up.

TrackInvestment ThesisTeams checked59Numbers recomputed367Data to2026-11-12
What we checked316 / 367

published numbers are reproduced within 5% from raw data. 43 more are within 15%; 8 are further apart.

What no single team saw46 → 1

46 teams publish NEAR Intents (NEAR's cross-chain swap and settlement product. Users trade, NEAR takes a fee.) figures, and all 46 read them from the same source. We added an independent on-chain check. It agrees.

The investment thesis13–19%

of NEAR's new supply (NEAR creates new tokens every epoch to pay validators (about 2.5% a year). Each new token dilutes existing holders.) is offset by captured revenue (The part of Intents fees that NEAR keeps. It arrives as NEAR in three public wallets.). Owning NEAR is a bet that this revenue grows about 5.4×, not a claim that the token is cheap.

Every square is one number a team published

Within 5% of ours: 316Within 15%: 43Further apart: 8
Hover a square for the team, the published value and ours. Each number is compared on the day it was published.

How it works

  1. Collect367 numbers from 59 public repositories, each with its exact sentence and the commit that wrote it.
  2. DownloadRaw data from DefiLlama, NearBlocks and a NEAR archival node, saved byte for byte with SHA-256 hashes.
  3. RecomputeEvery number for the day it was published, under each standard definition (30, 90 or 365 days…).
  4. Build and testA thesis from what replicates. Its 5 kill conditions run as code and are re-checked every day.

Re-checked every day. Newest snapshot 2026-11-14 (data to 2026-11-13, 4 snapshots so far): all 5 kill conditions hold; 90-day on-chain cover of net issuance 18.7%; last 30 days: Intents volume $3.797B, fees $6.267M, captured revenue $1.802M, 678,139 transactions a day; NEAR $3.42; past days changed by DefiLlama since the snapshot before: 3. Every snapshot side by side.

Three findings

What comparing 59 teams shows that no single thesis can

Confirmed independently

1The teams agree because they read one source

All 46 teams that publish NEAR Intents volume, fees or revenue cite DefiLlama, which reads datasets NEAR itself uploads to Dune. Their agreement is one measurement read 46 times, not 46 confirmations.

So we measured revenue a second way. It arrives as NEAR in three public wallets, and an archival node can read their balances at past blocks. Their growth is 0.98–1.01× the reported revenue over 30, 90 and 360 days.

The revenue figure behind every Intents thesis is real, and it can be checked on chain without trusting anyone.

Route the teams usedNEAR datasetson DuneDefiLlamaadapter46 teams, one numberRoute we added, independent of DefiLlama3 revenue walletson NEARArchival nodepast balances0.98–1.01× of reportedrevenue ✓ they agree
Explained

2Where the numbers differ, the definition differs, not the data

5 teams publish NEAR's price change over a year, from +19% to +97%. 3 of them are within 5% of ours once the window and the end day match, the other 2 within 15%. Comparing two single days gives +41%; comparing two 30-day averages gives +91%, because the price jumped in early November 2025.

The same holds for base-layer fees in dollars (-55%, -40% or -28% in a year): each number is reproduced within 5% once the window and the end day match.

A single number without its definition means little. The spread between teams is the honest error bar.

NEAR price change over one year

Published by a teamOur recomputation, per definition
+0%+30%+60%+90%+120%+19%+41%+91%+96%+97%+41%ours, day vs day+91%ours, 30-day means
Unexplained

3One figure does not replicate, and we say so

3 teams print 30-day Intents fees of $5,458,382 (or a rounded version), all committed the same day. Our total for the day before is $5.96M, 9% higher. No 30-day window in the chart comes within 5%: the closest is $5.78M, for the window ending 8 Nov.

Meanwhile 8 other teams' fee totals land within 5% of our line on their own publication days. Nor did the source rewrite that window: across our 4 daily snapshots its total moved by 0.01%.

We publish what we cannot explain instead of tuning it away.

Intents fees over 30 days, by the day the window ends

OursTeam, within 5%Team, 5 to 15% off
$5.0M$5.4M$5.8M$6.2M$6.6M$5,458,382 ± 5%10-2611-0411-13

The investment thesis

NEAR is a growth bet on Intents revenue, not a bargain

NEAR creates about 2.5% new tokens a year. Revenue from NEAR Intents now offsets part of that dilution, and the base layer offsets almost none. The thesis holds as long as that revenue keeps growing and stays in the wallets.

All NEAR created in the last 90 days = 100%

19%
80% not offset: holders are diluted
Intents revenue, held on chain (18.6%)Base-layer fee burn (1.2%)Gap to close: revenue must grow about 5.4×

Evidence for

  • Demand moved to Intents and grows: $32.9B settled in a year; the 30-day average is +48% on a year ago.
  • NEAR keeps a rising share of fees: 18% over a year, 30% over the last 30 days.
  • The revenue is verifiable: the wallets hold 4.28M NEAR and their total has never fallen.
  • The offset is rising: 11.3% of new supply in the first half of the year, 14.6% in the second.

Evidence against

  • The base layer collapsed: transactions -85%, new accounts -96% in a year.
  • Holders are still diluted: 80% of new supply is offset by nothing.
  • The yield is thin: captured revenue is 0.48% of a $4.7B market cap a year; the market pays 210× revenue.
  • The captured NEAR is held, not burned: it could be spent. The thesis depends on it not being spent.

Full argument, with every figure tied to the metric that produced it (a test fails if they disagree): THESIS.md.

Falsification

Five kill switches, checked automatically every day

If any of these fails on new data, we drop the thesis: python3 -m replicated.checks exits with an error. A scheduled job downloads fresh data every day at 15:00 UTC and re-runs them.

K1Holds

Intents volume is higher than a year ago (30-day mean).

Today 43.8% · must be above 0%

K2Holds

Reported captured revenue matches what the revenue wallets received on chain (90 days).

Today 0.979x · must be between 0.9x and 1.1x

K3Holds

Captured NEAR has not left the revenue wallets between any two samples.

Today 1.08x · must be at least 1x

K4Holds

Captured revenue offsets at least 10% of net issuance (90 days, on chain).

Today 18.7% · must be at least 10%

K5Holds

The cover over the last 180 days is higher than over the 180 days before.

Today 14.7% · must be above the earlier half-year (11.3%)

Four dated predictions, written on 2026-11-11

P1Pending

90-day on-chain cover of net issuance is at least 18% (18.2% when written).

Today 18.7% · must be at least 18% · due 2027-02-09

P2Pending

180-day on-chain cover reaches 18% (14.5% when written).

Today 14.7% · must be at least 18% · due 2027-05-10

P3Pending

Captured NEAR is still held or has been burned, not spent: wallet total has not fallen.

Today 1.08x · must be at least 1x · due 2027-05-10

P4Pending

Intents volume is at least 25% above its level of November 2026.

Today 43.8% · must be at least 25% · due 2027-11-11

Same conditions as a table, thesis snapshot next to the newest one
IdConditionDueThesis snapshot 2026-11-13StatusNewest snapshot 2026-11-14Status
K1Intents volume is higher than a year ago (30-day mean).now47.9%Holds43.8%Holds
K2Reported captured revenue matches what the revenue wallets received on chain (90 days).now0.978xHolds0.979xHolds
K3Captured NEAR has not left the revenue wallets between any two samples.now1.08xHolds1.08xHolds
K4Captured revenue offsets at least 10% of net issuance (90 days, on chain).now18.6%Holds18.7%Holds
K5The cover over the last 180 days is higher than over the 180 days before.now14.6%Holds14.7%Holds
P190-day on-chain cover of net issuance is at least 18% (18.2% when written).2027-02-0918.6%Pending18.7%Pending
P2180-day on-chain cover reaches 18% (14.5% when written).2027-05-1014.6%Pending14.7%Pending
P3Captured NEAR is still held or has been burned, not spent: wallet total has not fallen.2027-05-101.08xPending1.08xPending
P4Intents volume is at least 25% above its level of November 2026.2027-11-1147.9%Pending43.8%Pending

Go deeper · Team by team

59 teams, 367 published numbers, one recomputation

Each mark is one number a team published, placed under the kind of quantity it measures. Hover for both values; click for the sentence it was read from, at a pinned commit.

Within 5%Within 15%×Not reproduced
TeamIntents volumeIntents feesCaptured revenueIssuance offsetTransactionsAccountsL1 feesPriceStakingWithin 5%
Near Insight16 of 18
NEAR Thesis (The-x-35)16 of 17
NEAR Thesis Lab (AmirAjaj)16 of 17
near-thesis (rajeshmullippa)××12 of 16
Zygostat×12 of 16
NEAR on the Evidence13 of 14
Epoch Ledger9 of 13
NEAR Demand Ledger12 of 13
Signing Layer×10 of 11
NEAR Protocol P&L Workbench10 of 10
NEAR Thesis Lab (wwaterfall2027)10 of 10
nearbreakeven9 of 10
Semilla1 NEAR Thesis10 of 10
NEAR Investment Thesis: the evidence8 of 9
NEAR Moat Map9 of 9
NEAR Intents Thesis Engine8 of 8
NEAR Intents Value Accrual Thesis6 of 8
NEAR Thesis Scorecard7 of 8
NEAR Usage Thesis (Raindess69)8 of 8
NEAR Intents thesis: usage vs value capture5 of 7
Price Is Not Revenue×6 of 7
NEAR as a Cross-Chain Settlement Business3 of 6
NEAR Thesis Lab (yema7582)6 of 6
NEAR Value Capture & Token Economics×4 of 6
NEAR, Cross-Examined4 of 6
zeat6 of 6
Dark Matter3 of 5
From clicks to settlement5 of 5
NEAR Hub: The Long Case4 of 5
NEAR Usage Thesis (lisaaai200)5 of 5
Usage Before Price?5 of 5
Flow, Not Price4 of 4
NEAR Intents Thesis (HATWHY4041)4 of 4
NEAR, on evidence4 of 4
near-posterior3 of 4
NEAR: Beyond the Price3 of 4
NEAR: On The Evidence (tobadaniel)2 of 4
NearQuery4 of 4
stakeout2 of 4
Coverage×0 of 3
NEAR Agent Census×2 of 3
NEAR Books3 of 3
NEAR by the Numbers3 of 3
NEAR's agent economy, measured3 of 3
NePu1 of 3
Basanos2 of 2
NEAR Holders' Claim2 of 2
NEAR Intents Thesis — Tested2 of 2
NEAR Retention2 of 2
NEAR to its peers2 of 2
near-thesis: NEAR on the evidence1 of 2
The Bear Case, Run Live2 of 2
thesis-ci2 of 2
Tideline2 of 2
Headroom0 of 1
NEAR Agent-Safe Keys1 of 1
NEAR to 20311 of 1
roll call1 of 1
vet4021 of 1
All teams50 of 5434 of 4260 of 7171 of 9022 of 2226 of 2722 of 253 of 528 of 31316 of 367

Each number is compared on one day: the end day its sentence states, otherwise the last complete day before the commit that wrote it. There is no search over days. Where a family has several standard definitions (30, 90 or 365 days; net or gross issuance), the closest is used and named in the data tables below, so a match shows that a standard definition gives the number, not that the team computed it that way. Validators and stake (31 numbers) have no history in the data: each is compared on the first daily snapshot fetched on or after the day it was committed, or on our earliest (2026-11-11) if it was committed before. On our snapshot day instead of each publication day, 271 of 367 are within 5%: a correct 30-day number drifts as the window moves on.

Go deeper · Definitions

Six quantities, the teams' numbers next to ours

Each row has its own scale starting at zero. Circles are numbers published by other teams; diamonds are our recomputation under different, equally defensible definitions. The circles spread about as widely as the diamonds do.

Published by a teamOur recomputation, per definition
Issuance offset by Intents revenue33 team numbers024.0%Issuance offset by fee burn17 team numbers02.00%Growth needed to offset issuance19 team numbers012.0xIntents gross fees, 30 days13 team numbers0$8.00MCaptured revenue, annualized18 team numbers0$32.0MNEAR price change over a year5 team numbers0+120%

Go deeper · Revenue

The revenue is on chain, and it is all still there

Reported revenue does not have to be taken on trust. It arrives as NEAR in three wallets, and their balances at past block heights can be read from any archival node.

Revenue wallets against reported revenue

NEAR held by the three wallets at 30-day block samples, next to DefiLlama's reported revenue accumulated from the first sample.
0.0M1.2M2.4M3.6M4.8M2025-09-192026-04-172026-11-13On chainReported

Share of new supply offset, per 30-day step

Growth of the wallets divided by growth of total supply, both from block data. Lumpy, which is why a single 30-day reading misleads.
0%6%12%18%24%Nov 25Jan 26Mar 26May 26Jul 2620%Sep 2616%Nov 26

Go deeper · Usage

Usage left the base layer and went to Intents

Two charts, two scales: transactions and dollars are not comparable on one axis. Intents volume and fees come from one upstream source (finding 1), so agreement between teams on these is not independent confirmation.

Base-layer transactions per day

30-day mean, weekly samples. Now 669K, -85% in a year.
02.0M4.0M6.0M8.0M2025-01-092025-12-112026-11-12

NEAR Intents volume per day

30-day mean, weekly samples. Now $126M, +48% in a year.
$0$50M$100M$150M$200M2025-01-092025-12-112026-11-12

Go deeper · Data

Every claim we checked

"Commit date" is when the sentence quoting the number was committed. "Ours" is the closest standard definition on the day in "Compared on". A match means a standard definition gives the published number, not that the team computed it that way. Snapshot 2026-11-13; every figure on this page is generated by python3 -m replicated.page from raw data committed with its hashes.

All 367 claims from 59 repositories
MetricProjectPublishedCommit dateCompared onOursGapResultSource
active_accounts_per_dayThe Bear Case, Run Live58,223.002026-11-102026-11-0958,222.730.0%reproducedquote
active_accounts_per_dayNEAR, Cross-Examined58,223.002026-11-132026-11-1263,922.639.8%closequote
active_accounts_per_dayNEAR Thesis (The-x-35)62,933.002026-11-122026-11-1162,933.130.0%reproducedquote
active_accounts_per_dayZygostat64,800.002026-11-142026-11-1364,821.970.0%reproducedquote
active_accounts_vs_peakNEAR Intents thesis: usage vs value capture-97.002026-11-072026-11-06-97.180.2%reproducedquote
active_accounts_vs_peakNEAR Thesis (The-x-35)-96.902026-11-122026-11-11-96.880.0%reproducedquote
active_accounts_vs_peakNEAR Thesis Lab (AmirAjaj)-96.802026-11-132026-11-12-96.830.0%reproducedquote
active_accounts_vs_peaknearbreakeven-96.802026-11-132026-11-12-96.830.0%reproducedquote
active_accounts_vs_peakNEAR as a Cross-Chain Settlement Business-92.102026-11-112026-11-10-92.130.0%reproducedquote
active_accounts_yoySigning Layer-79.002026-11-082026-11-06-78.670.4%reproducedquote
active_accounts_yoyNEAR Demand Ledger-78.002026-11-112026-11-10-76.282.2%reproducedquote
active_accounts_yoyNEAR, Cross-Examined-78.002026-11-132026-11-12-75.573.1%reproducedquote
active_accounts_yoynear-thesis (rajeshmullippa)-77.002026-11-052026-11-04-77.080.1%reproducedquote
active_accounts_yoyNEAR, on evidence-76.202026-11-032026-11-02-76.210.0%reproducedquote
active_accounts_yoyNEAR Thesis Lab (yema7582)-76.102026-11-042026-11-03-76.180.1%reproducedquote
active_accounts_yoyNEAR Thesis Scorecard-76.002026-11-012026-10-31-76.080.1%reproducedquote
active_accounts_yoyDark Matter-76.002026-11-082026-11-07-75.920.1%reproducedquote
active_accounts_yoyNEAR Thesis Lab (AmirAjaj)-75.602026-11-132026-11-12-75.570.0%reproducedquote
active_accounts_yoyNEAR on the Evidence-75.302026-11-112026-11-10-75.350.1%reproducedquote
active_accounts_yoyZygostat-75.002026-11-142026-11-13-75.080.1%reproducedquote
active_accounts_yoyNEAR Usage Thesis (lisaaai200)-73.502026-11-012026-10-31-73.510.0%reproducedquote
breakeven_multipleTideline4.902026-11-142026-11-134.981.6%reproducedquote
breakeven_multipleNEAR Thesis (The-x-35)5.102026-11-122026-11-115.070.6%reproducedquote
breakeven_multipleNEAR Moat Map5.102026-11-142026-11-134.982.3%reproducedquote
breakeven_multipleNear Insight5.162026-11-132026-11-095.120.8%reproducedquote
breakeven_multipleNEAR Thesis Lab (wwaterfall2027)5.202026-11-122026-11-115.072.5%reproducedquote
breakeven_multipleNEAR Hub: The Long Case5.202026-11-132026-11-095.121.6%reproducedquote
breakeven_multipleNEAR Books5.302026-10-212026-10-205.473.1%reproducedquote
breakeven_multipleNEAR Usage Thesis (Raindess69)5.302026-11-022026-11-015.221.5%reproducedquote
breakeven_multipleDark Matter5.302026-11-072026-11-065.133.2%reproducedquote
breakeven_multipleNEAR Intents Value Accrual Thesis5.602026-11-012026-10-315.691.6%reproducedquote
breakeven_multipleEpoch Ledger5.602026-11-122026-11-115.079.5%closequote
breakeven_multipleNear Insight6.222026-11-132026-11-096.170.7%reproducedquote
breakeven_multiplenearbreakeven6.392026-11-132026-11-126.755.7%closequote
breakeven_multiplezeat6.502026-11-132026-11-126.753.9%reproducedquote
breakeven_multiplePrice Is Not Revenue6.702026-11-122026-11-016.660.6%reproducedquote
breakeven_multiplenear-thesis: NEAR on the evidence7.202026-11-012026-10-316.667.5%closequote
breakeven_multipleNePu7.602026-11-032026-11-026.6512.5%closequote
breakeven_multipleCoverage8.402026-11-122026-11-126.7519.6%not reproducedquote
breakeven_multiplePrice Is Not Revenue9.402026-11-122026-11-016.6629.1%not reproducedquote
burn_coverNEAR Agent Census0.582026-11-102026-11-090.8444.9%not reproducedquote
burn_coverNEAR Investment Thesis: the evidence0.802026-11-112026-11-100.782.6%reproducedquote
burn_coverNEAR Holders' Claim0.802026-11-112026-11-100.782.6%reproducedquote
burn_coverNEAR Intents thesis: usage vs value capture0.842026-11-072026-11-060.840.2%reproducedquote
burn_coverCoverage0.922026-11-122026-11-120.858.0%closequote
burn_coverHeadroom0.932026-11-142026-11-130.858.6%closequote
burn_coverEpoch Ledger0.982026-11-122026-11-111.1012.5%closequote
burn_coverNEAR Hub: The Long Case1.002026-11-132026-11-090.8614.0%closequote
burn_coverNEAR, Cross-Examined1.002026-11-132026-11-121.109.5%closequote
burn_coverNear Insight1.002026-11-132026-11-090.8614.0%closequote
burn_coverNEAR Usage Thesis (Raindess69)1.152026-11-022026-11-011.204.1%reproducedquote
burn_coverNEAR Protocol P&L Workbench1.172026-11-132026-11-121.203.0%reproducedquote
burn_coverNEAR Thesis Lab (wwaterfall2027)1.302026-11-122026-11-111.291.0%reproducedquote
burn_coverNEAR Thesis Lab (yema7582)1.342026-11-042026-11-031.340.3%reproducedquote
burn_coverNEAR Demand Ledger1.882026-11-112026-11-101.870.5%reproducedquote
burn_covernear-thesis (rajeshmullippa)1.902026-11-052026-11-041.880.9%reproducedquote
burn_coverNEAR Thesis Scorecard2.002026-11-012026-10-311.952.4%reproducedquote
fees_over_l1_feesUsage Before Price?32.002026-11-012026-10-3032.421.3%reproducedquote
fees_over_l1_feesSemilla1 NEAR Thesis34.902026-11-092026-11-0834.880.1%reproducedquote
fees_over_l1_feesZygostat45.002026-11-142026-11-1347.335.2%closequote
fees_over_l1_feesNEAR on the Evidence45.902026-11-112026-11-1046.431.2%reproducedquote
fees_over_l1_feesNEAR Protocol P&L Workbench46.002026-11-132026-11-1246.000.0%reproducedquote
fees_over_l1_feesNEAR Intents Thesis — Tested48.002026-11-042026-11-0349.693.5%reproducedquote
intents_capture_shareNEAR Thesis Lab (wwaterfall2027)17.002026-11-122026-11-1117.392.3%reproducedquote
intents_capture_shareFrom clicks to settlement17.202026-11-112026-11-1017.320.7%reproducedquote
intents_capture_shareNear Insight26.702026-11-132026-11-0827.181.8%reproducedquote
intents_capture_sharePrice Is Not Revenue26.802026-11-112026-11-0127.171.4%reproducedquote
intents_capture_sharezeat27.002026-11-132026-11-1227.210.8%reproducedquote
intents_capture_shareNEAR Moat Map27.002026-11-142026-11-1326.810.7%reproducedquote
intents_capture_shareNEAR Thesis Lab (AmirAjaj)27.202026-11-132026-11-1227.210.0%reproducedquote
intents_capture_sharenear-posterior27.202026-11-132026-11-1227.210.0%reproducedquote
intents_capture_shareNEAR to its peers27.522026-11-132026-11-1227.211.1%reproducedquote
intents_capture_shareTideline29.002026-11-142026-11-1328.760.8%reproducedquote
intents_capture_shareNEAR Thesis (The-x-35)30.002026-11-122026-11-1130.040.1%reproducedquote
intents_capture_shareZygostat31.002026-11-142026-11-1328.767.2%closequote
intents_capture_shareNEAR Intents Thesis Engine32.002026-11-122026-11-0832.140.4%reproducedquote
intents_capture_shareSemilla1 NEAR Thesis32.102026-11-092026-11-0832.140.1%reproducedquote
intents_capture_shareNear Insight32.102026-11-132026-11-0832.140.1%reproducedquote
intents_capture_shareSigning Layer33.002026-11-082026-11-0732.750.8%reproducedquote
intents_capture_shareNEAR as a Cross-Chain Settlement Business33.922026-11-112026-11-1030.4510.2%closequote
intents_capture_shareNearQuery34.002026-10-302026-10-2935.253.7%reproducedquote
intents_capture_shareFlow, Not Price34.202026-11-042026-11-0332.883.9%reproducedquote
intents_capture_shareNEAR Value Capture & Token Economics34.902026-11-032026-11-0234.152.1%reproducedquote
intents_capture_shareNEAR Intents Value Accrual Thesis36.902026-11-012026-10-3134.277.1%closequote
intents_fees_30dNEAR Demand Ledger$5.46M2026-11-112026-11-10$5.96M9.2%closequote
intents_fees_30dNEAR as a Cross-Chain Settlement Business$5.46M2026-11-112026-11-10$5.96M9.2%closequote
intents_fees_30dNEAR Investment Thesis: the evidence$5.50M2026-11-112026-11-10$5.96M8.4%closequote
intents_fees_30dNEAR Intents Value Accrual Thesis$5.75M2026-11-012026-10-31$6.18M7.5%closequote
intents_fees_30dSemilla1 NEAR Thesis$5.78M2026-11-092026-11-08$5.78M0.0%reproducedquote
intents_fees_30dNear Insight$5.78M2026-11-132026-11-08$5.78M0.0%reproducedquote
intents_fees_30dZygostat$5.83M2026-11-142026-11-13$6.27M7.5%closequote
intents_fees_30dNEAR Value Capture & Token Economics$5.99M2026-11-032026-11-02$6.15M2.7%reproducedquote
intents_fees_30dNEAR Thesis (The-x-35)$5.99M2026-11-122026-11-11$5.99M0.0%reproducedquote
intents_fees_30dNEAR Protocol P&L Workbench$6.05M2026-11-132026-11-12$6.05M0.0%reproducedquote
intents_fees_30dNEAR Intents thesis: usage vs value capture$6.13M2026-11-072026-11-06$6.14M0.2%reproducedquote
intents_fees_30dFlow, Not Price$6.15M2026-11-042026-11-03$6.07M1.2%reproducedquote
intents_fees_30dUsage Before Price?$6.26M2026-11-012026-10-30$6.26M0.0%reproducedquote
intents_fees_365dNEAR on the Evidence$53.70M2026-11-112026-11-10$54.03M0.6%reproducedquote
intents_fees_365dNEAR Thesis Lab (wwaterfall2027)$53.90M2026-11-122026-11-11$54.08M0.3%reproducedquote
intents_fees_365dNEAR Thesis Lab (AmirAjaj)$54.10M2026-11-132026-11-12$54.12M0.0%reproducedquote
intents_fees_365dNEAR Thesis (The-x-35)$54.10M2026-11-122026-11-11$54.08M0.0%reproducedquote
intents_fees_365dNEAR Retention$54.14M2026-11-142026-11-13$54.33M0.4%reproducedquote
intents_fees_365dnear-thesis (rajeshmullippa)$54.20M2026-11-052026-11-04$54.01M0.3%reproducedquote
intents_fees_365dFrom clicks to settlement$54.20M2026-11-112026-11-10$54.03M0.3%reproducedquote
intents_fees_90dNEAR Intents Thesis — Tested$17.40M2026-11-042026-11-03$17.65M1.5%reproducedquote
intents_fees_90dEpoch Ledger$18.92M2026-11-122026-11-11$18.92M0.0%reproducedquote
intents_fees_annualizedNEAR: Beyond the Price$69.69M2026-11-132026-11-12$73.59M5.6%closequote
intents_fees_annualizedNEAR Intents thesis: usage vs value capture$74.50M2026-11-072026-11-06$74.70M0.3%reproducedquote
intents_fees_annualizedUsage Before Price?$75.00M2026-11-012026-10-30$76.20M1.6%reproducedquote
intents_fees_annualizedNEAR Thesis Lab (AmirAjaj)$75.20M2026-11-132026-11-12$73.59M2.1%reproducedquote
intents_fees_annualizednear-posterior$77.50M2026-11-132026-11-12$73.59M5.0%closequote
intents_revenue_365dFrom clicks to settlement$9.30M2026-11-112026-11-10$9.36M0.6%reproducedquote
intents_revenue_365dnear-thesis (rajeshmullippa)$9.35M2026-11-052026-11-04$9.44M1.0%reproducedquote
intents_revenue_365dZygostat$9.40M2026-11-142026-11-13$9.39M0.1%reproducedquote
intents_revenue_365dNEAR Thesis Lab (wwaterfall2027)$9.41M2026-11-122026-11-11$9.40M0.1%reproducedquote
intents_revenue_365dNEAR Thesis Lab (AmirAjaj)$9.50M2026-11-132026-11-12$9.50M0.0%reproducedquote
intents_revenue_365dNEAR Retention$9.64M2026-11-142026-11-13$9.39M2.6%reproducedquote
intents_revenue_annualizedPrice Is Not Revenue$19.10M2026-11-132026-11-01$19.27M0.9%reproducedquote
intents_revenue_annualizedEpoch Ledger$20.74M2026-11-122026-11-11$20.74M0.0%reproducedquote
intents_revenue_annualizedNEAR Moat Map$21.10M2026-11-142026-11-13$21.22M0.6%reproducedquote
intents_revenue_annualizedZygostat$21.20M2026-11-142026-11-13$21.22M0.1%reproducedquote
intents_revenue_annualizedNEAR's agent economy, measured$21.60M2026-11-112026-11-10$22.08M2.2%reproducedquote
intents_revenue_annualizedzeat$21.60M2026-11-132026-11-12$21.08M2.4%reproducedquote
intents_revenue_annualizedNEAR Thesis (The-x-35)$21.90M2026-11-122026-11-11$21.90M0.0%reproducedquote
intents_revenue_annualizedNEAR Thesis Lab (wwaterfall2027)$21.90M2026-11-122026-11-11$21.90M0.0%reproducedquote
intents_revenue_annualizedDark Matter$22.00M2026-11-082026-11-07$23.61M7.3%closequote
intents_revenue_annualizednearbreakeven$22.30M2026-11-132026-11-12$22.42M0.5%reproducedquote
intents_revenue_annualizedSemilla1 NEAR Thesis$22.60M2026-11-092026-11-08$22.61M0.0%reproducedquote
intents_revenue_annualizedNEAR Intents Thesis Engine$22.60M2026-11-122026-11-08$22.61M0.0%reproducedquote
intents_revenue_annualizedNEAR Thesis Lab (AmirAjaj)$23.50M2026-11-132026-11-12$22.42M4.6%reproducedquote
intents_revenue_annualizedNEAR: On The Evidence (tobadaniel)$24.50M2026-11-072026-11-06$24.53M0.1%reproducedquote
intents_revenue_annualizedSigning Layer$24.50M2026-11-082026-11-07$23.61M3.6%reproducedquote
intents_revenue_annualizednear-thesis (rajeshmullippa)$25.60M2026-11-052026-11-04$24.25M5.3%closequote
intents_revenue_annualizedNEAR Intents Value Accrual Thesis$25.80M2026-11-012026-10-31$25.77M0.1%reproducedquote
intents_revenue_annualizedNearQuery$26.20M2026-11-022026-11-01$25.46M2.8%reproducedquote
intents_share_of_near_dex_volumeNEAR Intents thesis: usage vs value capture83.902026-11-072026-11-0691.939.6%closequote
intents_share_of_near_dex_volumeNEAR Demand Ledger92.602026-11-112026-11-1092.780.2%reproducedquote
intents_share_of_near_dex_volumeNear Insight92.602026-11-132026-11-0992.620.0%reproducedquote
intents_share_of_near_dex_volumeNEAR Thesis (The-x-35)92.902026-11-122026-11-1192.910.0%reproducedquote
intents_take_rate_bpsNEAR as a Cross-Chain Settlement Business14.532026-11-112026-11-1015.506.7%closequote
intents_take_rate_bpsNEAR Intents Value Accrual Thesis14.902026-11-012026-10-3115.192.0%reproducedquote
intents_take_rate_bpsZygostat15.402026-11-142026-11-1315.772.4%reproducedquote
intents_take_rate_bpsSemilla1 NEAR Thesis15.562026-11-092026-11-0815.560.0%reproducedquote
intents_take_rate_bpsNEAR Thesis Lab (AmirAjaj)15.602026-11-132026-11-1215.600.0%reproducedquote
intents_take_rate_bpsNEAR Intents Thesis Engine15.602026-11-122026-11-0815.560.2%reproducedquote
intents_take_rate_bpsNEAR Moat Map15.602026-11-142026-11-1315.771.1%reproducedquote
intents_take_rate_bpsEpoch Ledger15.602026-11-122026-11-1115.580.1%reproducedquote
intents_take_rate_bpsNear Insight15.602026-11-132026-11-0815.560.2%reproducedquote
intents_take_rate_bpszeat15.802026-11-132026-11-1215.601.3%reproducedquote
intents_take_rate_bpsFlow, Not Price15.802026-11-042026-11-0315.303.2%reproducedquote
intents_take_rate_bpsNearQuery15.902026-10-302026-10-2915.820.5%reproducedquote
intents_take_rate_bpsNEAR Protocol P&L Workbench16.002026-11-132026-11-1216.030.2%reproducedquote
intents_take_rate_bpsNEAR Thesis (The-x-35)16.102026-11-122026-11-1116.060.3%reproducedquote
intents_take_rate_bpsFrom clicks to settlement16.502026-11-112026-11-1016.420.5%reproducedquote
intents_volume_30dNEAR Value Capture & Token Economics$2.45B2026-11-032026-11-02$3.90B59.1%not reproducedquote
intents_volume_30dNEAR Demand Ledger$3.73B2026-11-112026-11-09$3.73B0.0%reproducedquote
intents_volume_30dNEAR Thesis (The-x-35)$3.73B2026-11-122026-11-11$3.73B0.0%reproducedquote
intents_volume_30dNEAR Thesis Lab (wwaterfall2027)$3.73B2026-11-122026-11-11$3.73B0.0%reproducedquote
intents_volume_30dNear Insight$3.73B2026-11-132026-11-09$3.73B0.1%reproducedquote
intents_volume_30dNEAR as a Cross-Chain Settlement Business$3.76B2026-11-112026-11-10$3.76B0.0%reproducedquote
intents_volume_30dstakeout$3.76B2026-11-142026-11-13$3.80B1.0%reproducedquote
intents_volume_30dNEAR Protocol P&L Workbench$3.77B2026-11-132026-11-12$3.77B0.0%reproducedquote
intents_volume_30dZygostat$3.80B2026-11-142026-11-13$3.80B0.1%reproducedquote
intents_volume_30dNEAR Intents Value Accrual Thesis$3.86B2026-11-012026-10-31$3.86B0.0%reproducedquote
intents_volume_30dvet402$3.97B2026-11-112026-10-28$3.97B0.1%reproducedquote
intents_volume_30dNEAR to 2031$4.02B2026-11-132026-11-07$3.88B3.4%reproducedquote
intents_volume_30d_vs_prevNEAR Investment Thesis: the evidence-20.702026-11-112026-11-10-20.680.1%reproducedquote
intents_volume_365dNEAR Thesis Scorecard$32.80B2026-11-012026-10-31$32.87B0.2%reproducedquote
intents_volume_365dFrom clicks to settlement$32.80B2026-11-112026-11-10$32.91B0.3%reproducedquote
intents_volume_365dNEAR on the Evidence$32.90B2026-11-112026-11-10$32.91B0.0%reproducedquote
intents_volume_365dNEAR Thesis Lab (AmirAjaj)$32.90B2026-11-132026-11-12$32.93B0.1%reproducedquote
intents_volume_365dNEAR Thesis (The-x-35)$32.90B2026-11-122026-11-11$32.92B0.1%reproducedquote
intents_volume_365dNEAR Investment Thesis: the evidence$32.91B2026-11-112026-11-10$32.91B0.0%reproducedquote
intents_volume_365dthesis-ci$32.93B2026-11-132026-11-12$32.93B0.0%reproducedquote
intents_volume_365dZygostat$33.00B2026-11-142026-11-13$32.97B0.1%reproducedquote
intents_volume_365dNear Insight$33.83B2026-11-132026-11-09$32.87B2.8%reproducedquote
intents_volume_alltimeNEAR Intents Thesis (HATWHY4041)$35.60B2026-10-292026-10-28$35.60B0.0%reproducedquote
intents_volume_alltimeNEAR Thesis Scorecard$35.70B2026-11-012026-10-31$36.01B0.9%reproducedquote
intents_volume_alltimeSemilla1 NEAR Thesis$37.00B2026-11-092026-11-08$37.01B0.0%reproducedquote
intents_volume_alltimeFlow, Not Price$37.00B2026-11-042026-11-03$36.39B1.7%reproducedquote
intents_volume_alltimeThe Bear Case, Run Live$37.01B2026-11-102026-11-09$37.17B0.4%reproducedquote
intents_volume_alltimeNEAR Demand Ledger$37.17B2026-11-112026-11-10$37.32B0.4%reproducedquote
intents_volume_alltimeNEAR on the Evidence$37.20B2026-11-112026-11-10$37.32B0.3%reproducedquote
intents_volume_alltimenearbreakeven$37.61B2026-11-132026-11-12$37.61B0.0%reproducedquote
intents_volume_alltimeNEAR Protocol P&L Workbench$37.61B2026-11-132026-11-12$37.61B0.0%reproducedquote
intents_volume_alltimeNEAR: Beyond the Price$37.61B2026-11-132026-11-12$37.61B0.0%reproducedquote
intents_volume_avg_30dNEAR Intents Thesis Engine$123.80M2026-11-112026-11-08$123.82M0.0%reproducedquote
intents_volume_avg_30dNEAR Thesis (The-x-35)$124.00M2026-11-122026-11-11$124.38M0.3%reproducedquote
intents_volume_avg_30dNEAR Demand Ledger$124.26M2026-11-112026-11-10$125.26M0.8%reproducedquote
intents_volume_avg_30dnearbreakeven$125.80M2026-11-132026-11-12$125.81M0.0%reproducedquote
intents_volume_avg_30dBasanos$125.80M2026-11-132026-11-12$125.81M0.0%reproducedquote
intents_volume_avg_30dNEAR: Beyond the Price$125.81M2026-11-132026-11-12$125.81M0.0%reproducedquote
intents_volume_avg_30dNEAR Usage Thesis (Raindess69)$127.59M2026-11-022026-11-01$127.28M0.2%reproducedquote
intents_volume_avg_30dnear-thesis (rajeshmullippa)$129.90M2026-11-052026-11-04$133.25M2.6%reproducedquote
intents_volume_avg_30dNePu$130.40M2026-11-032026-11-02$129.90M0.4%reproducedquote
intents_volume_avg_30dSigning Layer$134.10M2026-11-082026-11-06$134.13M0.0%reproducedquote
intents_volume_avg_30dNEAR Books$149.00M2026-10-212026-10-20$149.01M0.0%reproducedquote
intents_volume_yoyZygostat44.002026-11-142026-11-1343.770.5%reproducedquote
intents_volume_yoyNEAR Thesis Lab (AmirAjaj)47.902026-11-132026-11-1247.880.0%reproducedquote
intents_volume_yoyNEAR Demand Ledger59.002026-11-112026-11-1057.822.0%reproducedquote
intents_volume_yoySemilla1 NEAR Thesis60.002026-11-092026-11-0859.950.1%reproducedquote
intents_volume_yoyNear Insight60.002026-11-132026-11-0959.440.9%reproducedquote
intents_volume_yoySigning Layer79.002026-11-082026-11-0692.0916.6%not reproducedquote
intents_volume_yoynear-thesis (rajeshmullippa)128.002026-11-052026-11-04108.3515.4%not reproducedquote
issuance_coverZygostat8.702026-11-142026-11-1312.8447.6%not reproducedquote
issuance_coverNear Insight11.652026-11-132026-11-0912.809.9%closequote
issuance_coverNePu12.002026-11-032026-11-0213.139.4%closequote
issuance_coverCoverage12.002026-11-122026-11-1212.988.2%closequote
issuance_coverzeat15.002026-11-132026-11-1215.080.5%reproducedquote
issuance_coverPrice Is Not Revenue15.002026-11-122026-11-0115.010.1%reproducedquote
issuance_coverEpoch Ledger15.002026-11-122026-11-1114.990.1%reproducedquote
issuance_coverNEAR Agent Census15.102026-11-102026-11-0915.160.4%reproducedquote
issuance_coverNEAR Hub: The Long Case15.102026-11-132026-11-0915.160.4%reproducedquote
issuance_coverNEAR Holders' Claim16.002026-11-112026-11-1016.120.7%reproducedquote
issuance_coverNear Insight16.072026-11-132026-11-0916.200.8%reproducedquote
issuance_coverNEAR Hub: The Long Case16.102026-11-132026-11-0916.200.6%reproducedquote
issuance_coverNEAR Books17.302026-10-212026-10-2017.300.0%reproducedquote
issuance_coverEpoch Ledger17.702026-11-122026-11-1118.524.6%reproducedquote
issuance_coverNEAR Usage Thesis (Raindess69)18.002026-11-022026-11-0117.970.2%reproducedquote
issuance_coverNEAR's agent economy, measured18.002026-11-102026-11-0918.341.9%reproducedquote
issuance_coverNEAR Intents Thesis Engine18.002026-11-112026-11-1018.412.3%reproducedquote
issuance_covernearbreakeven18.102026-11-132026-11-1218.753.6%reproducedquote
issuance_covernear-posterior18.502026-11-132026-11-1218.751.4%reproducedquote
issuance_coverNEAR on the Evidence18.602026-11-112026-11-1018.640.2%reproducedquote
issuance_coverEpoch Ledger18.802026-11-122026-11-1118.750.3%reproducedquote
issuance_coverNEAR Usage Thesis (Raindess69)19.002026-11-022026-11-0119.160.9%reproducedquote
issuance_coverDark Matter19.002026-11-072026-11-0618.512.6%reproducedquote
issuance_coverNEAR Thesis Lab (wwaterfall2027)19.002026-11-122026-11-1118.751.3%reproducedquote
issuance_coverNEAR Moat Map19.002026-11-142026-11-1319.100.5%reproducedquote
issuance_coverNear Insight19.392026-11-132026-11-0919.540.8%reproducedquote
issuance_coverZygostat19.602026-11-142026-11-1320.082.4%reproducedquote
issuance_coverBasanos19.702026-11-132026-11-1219.961.3%reproducedquote
issuance_coverNEAR Thesis (The-x-35)19.802026-11-122026-11-1119.720.4%reproducedquote
issuance_coverNEAR Thesis Lab (AmirAjaj)19.902026-11-132026-11-1219.960.3%reproducedquote
issuance_coverNEAR, Cross-Examined20.002026-11-132026-11-1219.960.2%reproducedquote
issuance_covernear-thesis (rajeshmullippa)20.602026-11-052026-11-0419.555.1%closequote
issuance_coverNEAR: On The Evidence (tobadaniel)21.002026-11-072026-11-0619.726.1%closequote
l1_fees_usd_30dZygostat$129,5002026-11-142026-11-13$129,3320.1%reproducedquote
l1_fees_usd_30dNEAR Protocol P&L Workbench$131,4762026-11-132026-11-12$131,4760.0%reproducedquote
l1_fees_usd_30dnearbreakeven$131,5002026-11-132026-11-12$131,4760.0%reproducedquote
l1_fees_usd_30dNEAR Investment Thesis: the evidence$136,7462026-11-112026-11-10$137,5060.6%reproducedquote
l1_fees_usd_30dstakeout$137,0002026-11-142026-11-13$129,3325.6%closequote
l1_fees_usd_30dUsage Before Price?$190,0002026-11-012026-10-30$193,1641.7%reproducedquote
l1_fees_usd_365dthesis-ci$1.15M2026-11-132026-11-12$1.15M0.3%reproducedquote
l1_fees_usd_365dNEAR to its peers$1.15M2026-11-132026-11-12$1.15M0.3%reproducedquote
l1_fees_usd_365dNEAR on the Evidence$1.17M2026-11-112026-11-10$1.16M0.6%reproducedquote
l1_fees_usd_365dnear-thesis (rajeshmullippa)$1.19M2026-11-052026-11-04$1.19M0.2%reproducedquote
l1_fees_usd_365dNEAR Thesis Lab (yema7582)$1.21M2026-11-042026-11-03$1.19M0.9%reproducedquote
l1_fees_usd_yoyNEAR, on evidence-55.302026-11-032026-11-02-55.300.0%reproducedquote
l1_fees_usd_yoyNEAR Investment Thesis: the evidence-40.002026-11-112026-11-10-39.212.0%reproducedquote
l1_fees_usd_yoyNEAR Usage Thesis (lisaaai200)-27.602026-11-012026-10-31-27.630.1%reproducedquote
mcap_over_feesNEAR Moat Map57.002026-11-142026-11-1358.823.2%reproducedquote
mcap_over_feesNEAR Thesis Lab (AmirAjaj)61.002026-11-132026-11-1263.904.8%reproducedquote
mcap_over_feesEpoch Ledger61.002026-11-122026-11-1164.485.7%closequote
mcap_over_feesNEAR Thesis (The-x-35)61.402026-11-122026-11-1164.485.0%closequote
mcap_over_feesNEAR: Beyond the Price66.092026-11-132026-11-1263.903.3%reproducedquote
mcap_over_feesNEAR Intents thesis: usage vs value capture70.402026-11-072026-11-0664.198.8%closequote
mcap_over_feesUsage Before Price?71.002026-11-012026-10-3069.671.9%reproducedquote
mcap_over_feesnear-thesis: NEAR on the evidence73.902026-11-012026-10-3174.701.1%reproducedquote
mcap_over_revenueNEAR Thesis Lab (AmirAjaj)195.002026-11-132026-11-12209.747.6%closequote
mcap_over_revenueNEAR Thesis (The-x-35)205.002026-11-122026-11-11214.644.7%reproducedquote
mcap_over_revenuenear-thesis (rajeshmullippa)206.002026-11-052026-11-04207.170.6%reproducedquote
mcap_over_revenueNEAR Moat Map209.002026-11-142026-11-13204.522.1%reproducedquote
mcap_over_revenueSemilla1 NEAR Thesis211.002026-11-092026-11-08216.432.6%reproducedquote
mcap_over_revenueNEAR Thesis Lab (wwaterfall2027)214.002026-11-122026-11-11214.640.3%reproducedquote
mcap_over_revenueNEAR Intents Thesis Engine217.002026-11-112026-11-08216.430.3%reproducedquote
mcap_over_revenueDark Matter218.002026-11-082026-11-07206.035.5%closequote
mcap_over_revenueNEAR Intents Value Accrual Thesis224.002026-11-012026-10-31218.012.7%reproducedquote
mcap_over_revenueEpoch Ledger227.002026-11-122026-11-11214.645.4%closequote
net_inflationNEAR Agent Census2.412026-11-102026-11-092.482.8%reproducedquote
net_inflationNEAR Moat Map2.452026-11-142026-11-132.460.3%reproducedquote
net_inflationnearbreakeven2.472026-11-132026-11-122.470.1%reproducedquote
net_inflationNEAR Agent-Safe Keys2.472026-11-132026-11-122.470.1%reproducedquote
net_inflationNEAR Hub: The Long Case2.472026-11-132026-11-092.480.3%reproducedquote
net_inflationroll call2.472026-11-142026-11-132.470.0%reproducedquote
net_inflationNEAR Thesis Scorecard2.482026-11-012026-10-312.480.1%reproducedquote
net_inflationNEAR Intents Thesis (HATWHY4041)2.482026-10-292026-10-282.480.1%reproducedquote
net_inflationNEAR Value Capture & Token Economics2.482026-11-032026-11-022.480.1%reproducedquote
net_inflationnear-posterior2.482026-11-122026-11-122.480.0%reproducedquote
net_inflationNEAR Intents Thesis Engine2.482026-11-122026-11-112.480.1%reproducedquote
net_inflationNEAR Thesis Lab (wwaterfall2027)2.482026-11-122026-11-112.480.1%reproducedquote
net_inflationNEAR Thesis Lab (yema7582)2.482026-11-042026-11-032.480.0%reproducedquote
net_inflationSigning Layer2.482026-11-082026-11-072.480.0%reproducedquote
net_inflationzeat2.482026-11-132026-11-122.480.0%reproducedquote
net_inflationNEAR Protocol P&L Workbench2.482026-11-132026-11-122.480.0%reproducedquote
net_inflationNear Insight2.482026-11-132026-11-112.480.1%reproducedquote
net_inflationNEAR Usage Thesis (Raindess69)2.492026-11-022026-11-012.480.5%reproducedquote
net_inflationNEAR Thesis Lab (AmirAjaj)2.502026-11-132026-11-122.480.8%reproducedquote
net_inflationNEAR, Cross-Examined2.502026-11-132026-11-122.480.8%reproducedquote
net_inflationNEAR on the Evidence2.512026-11-112026-11-102.481.2%reproducedquote
new_accounts_yoyNEAR Usage Thesis (lisaaai200)-96.202026-11-012026-10-31-96.200.0%reproducedquote
new_accounts_yoyNEAR Demand Ledger-96.002026-11-112026-11-10-95.610.4%reproducedquote
new_accounts_yoynear-thesis (rajeshmullippa)-96.002026-11-052026-11-04-95.830.2%reproducedquote
new_accounts_yoySigning Layer-96.002026-11-082026-11-07-95.820.2%reproducedquote
new_accounts_yoyNEAR Thesis Lab (yema7582)-95.702026-11-042026-11-03-95.690.0%reproducedquote
new_accounts_yoyNEAR on the Evidence-95.602026-11-112026-11-10-95.600.0%reproducedquote
price_yoyNEAR Demand Ledger19.002026-11-112026-11-1019.432.3%reproducedquote
price_yoyNEAR on the Evidence41.402026-11-112026-11-1038.317.5%closequote
price_yoyNEAR: On The Evidence (tobadaniel)90.802026-11-082026-11-0777.8714.2%closequote
price_yoyNEAR Usage Thesis (lisaaai200)96.402026-11-012026-10-3196.390.0%reproducedquote
price_yoyNEAR, on evidence97.302026-11-032026-11-0297.340.0%reproducedquote
revenue_over_l1_feesNEAR Intents Thesis (HATWHY4041)10.602026-10-292026-10-2810.570.2%reproducedquote
revenue_over_l1_feesSigning Layer11.702026-11-082026-11-0711.600.8%reproducedquote
revenue_over_l1_feesNEAR Usage Thesis (Raindess69)13.002026-11-022026-11-0113.493.8%reproducedquote
revenue_over_l1_feesnearbreakeven13.972026-11-132026-11-1214.020.3%reproducedquote
revenue_over_l1_feesnear-thesis (rajeshmullippa)21.002026-11-052026-11-0413.5435.5%not reproducedquote
revenue_yield_on_mcapNearQuery0.432026-10-302026-10-290.430.8%reproducedquote
revenue_yield_on_mcapNEAR's agent economy, measured0.452026-11-112026-11-100.463.3%reproducedquote
revenue_yield_on_mcapNEAR Intents Value Accrual Thesis0.452026-11-012026-10-310.461.9%reproducedquote
revenue_yield_on_mcapSemilla1 NEAR Thesis0.472026-11-092026-11-080.461.7%reproducedquote
revenue_yield_on_mcapZygostat0.472026-11-142026-11-130.494.0%reproducedquote
revenue_yield_on_mcapNEAR Moat Map0.482026-11-142026-11-130.491.9%reproducedquote
revenue_yield_on_mcapSigning Layer0.512026-11-082026-11-060.510.3%reproducedquote
revenue_yield_on_mcapNEAR: On The Evidence (tobadaniel)0.522026-11-072026-11-060.511.6%reproducedquote
staked_sharenear-thesis (rajeshmullippa)43.802026-11-05snapshot 2026-11-1144.411.4%reproducedquote
staked_shareNEAR Demand Ledger44.302026-11-11snapshot 2026-11-1144.410.2%reproducedquote
staked_shareNEAR on the Evidence44.302026-11-11snapshot 2026-11-1144.410.2%reproducedquote
staked_sharestakeout44.302026-11-14snapshot 2026-11-1444.961.5%reproducedquote
staked_shareNEAR by the Numbers44.312026-11-09snapshot 2026-11-1144.410.2%reproducedquote
staked_shareNEAR Investment Thesis: the evidence44.402026-11-10snapshot 2026-11-1144.410.0%reproducedquote
staked_shareNEAR Intents Thesis Engine44.402026-11-11snapshot 2026-11-1144.410.0%reproducedquote
staked_shareEpoch Ledger44.402026-11-12snapshot 2026-11-1244.430.1%reproducedquote
staked_shareNear Insight44.402026-11-13snapshot 2026-11-1344.951.2%reproducedquote
staked_shareNEAR Thesis (The-x-35)44.502026-11-12snapshot 2026-11-1244.430.2%reproducedquote
staked_shareNEAR Thesis Lab (AmirAjaj)44.902026-11-13snapshot 2026-11-1344.950.1%reproducedquote
staked_shareNEAR Value Capture & Token Economics45.272026-11-03snapshot 2026-11-1144.411.9%reproducedquote
staked_shareNEAR Thesis Scorecard45.302026-11-01snapshot 2026-11-1144.412.0%reproducedquote
tx_vs_peakNEAR as a Cross-Chain Settlement Business-93.002026-11-112026-11-10-93.040.0%reproducedquote
tx_vs_peakPrice Is Not Revenue-92.202026-11-122026-11-11-92.000.2%reproducedquote
tx_vs_peakSigning Layer-92.002026-11-082026-11-07-92.000.0%reproducedquote
tx_vs_peaknearbreakeven-91.902026-11-132026-11-12-91.930.0%reproducedquote
tx_vs_peakNEAR Intents thesis: usage vs value capture-91.802026-11-072026-11-06-91.870.1%reproducedquote
tx_vs_peakNEAR Usage Thesis (Raindess69)-91.002026-11-022026-11-01-91.520.6%reproducedquote
tx_yoyPrice Is Not Revenue-85.202026-11-122026-11-11-84.940.3%reproducedquote
tx_yoyNEAR Investment Thesis: the evidence-85.102026-11-102026-11-09-85.090.0%reproducedquote
tx_yoyNEAR Demand Ledger-85.002026-11-112026-11-10-85.140.2%reproducedquote
tx_yoynear-thesis (rajeshmullippa)-85.002026-11-052026-11-04-84.850.2%reproducedquote
tx_yoySemilla1 NEAR Thesis-85.002026-11-092026-11-08-85.200.2%reproducedquote
tx_yoyZygostat-85.002026-11-142026-11-13-84.510.6%reproducedquote
tx_yoySigning Layer-85.002026-11-082026-11-07-85.200.2%reproducedquote
tx_yoyNEAR, Cross-Examined-85.002026-11-132026-11-12-84.760.3%reproducedquote
tx_yoyNear Insight-85.002026-11-132026-11-10-85.140.2%reproducedquote
tx_yoyNEAR Thesis Lab (AmirAjaj)-84.802026-11-132026-11-12-84.760.0%reproducedquote
tx_yoyNEAR, on evidence-84.402026-11-032026-11-02-84.410.0%reproducedquote
tx_yoyNEAR Thesis Lab (yema7582)-84.402026-11-042026-11-03-84.400.0%reproducedquote
tx_yoyNEAR Usage Thesis (lisaaai200)-84.202026-11-012026-10-31-84.250.1%reproducedquote
tx_yoyNEAR Thesis Scorecard-84.002026-11-012026-10-31-84.250.3%reproducedquote
tx_yoyNEAR on the Evidence-84.002026-11-112026-11-10-84.020.0%reproducedquote
tx_yoyNEAR Intents Thesis (HATWHY4041)-83.002026-10-292026-10-28-83.400.5%reproducedquote
validatorsnear-thesis (rajeshmullippa)3352026-11-05snapshot 2026-11-113514.8%reproducedquote
validatorsNEAR Demand Ledger3382026-11-11snapshot 2026-11-113513.8%reproducedquote
validatorsNEAR on the Evidence3382026-11-11snapshot 2026-11-113513.8%reproducedquote
validatorsstakeout3382026-11-14snapshot 2026-11-143555.0%closequote
validatorsNEAR by the Numbers3392026-11-09snapshot 2026-11-113513.5%reproducedquote
validatorsNEAR Investment Thesis: the evidence3512026-11-10snapshot 2026-11-113510.0%reproducedquote
validatorsEpoch Ledger3512026-11-12snapshot 2026-11-123540.9%reproducedquote
validatorsNear Insight3512026-11-13snapshot 2026-11-133561.4%reproducedquote
validatorsNEAR Thesis (The-x-35)3532026-11-12snapshot 2026-11-123540.3%reproducedquote
validatorsNEAR Thesis Lab (AmirAjaj)3542026-11-13snapshot 2026-11-133560.6%reproducedquote
validatorsNEAR Protocol P&L Workbench3562026-11-13snapshot 2026-11-133560.0%reproducedquote
validatorsNEAR Value Capture & Token Economics3752026-11-03snapshot 2026-11-113516.4%closequote
validatorsNEAR Thesis Scorecard3792026-11-01snapshot 2026-11-113517.4%closequote
validators_to_one_thirdnear-thesis (rajeshmullippa)92026-11-05snapshot 2026-11-1190.0%reproducedquote
validators_to_one_thirdNEAR by the Numbers92026-11-09snapshot 2026-11-1190.0%reproducedquote
validators_to_one_thirdNEAR on the Evidence92026-11-11snapshot 2026-11-1190.0%reproducedquote
validators_to_one_thirdEpoch Ledger92026-11-12snapshot 2026-11-1290.0%reproducedquote
validators_to_one_thirdNEAR Protocol P&L Workbench102026-11-13snapshot 2026-11-13100.0%reproducedquote
Data behind the charts
SampleWallets, NEARReported cumulative, NEAR
2025-09-1900
2025-10-191212
2025-11-18215,144262,641
2025-12-18427,524453,400
2026-01-17634,336650,765
2026-02-161,038,4871,065,352
2026-03-181,371,8031,400,495
2026-04-171,779,6761,801,487
2026-05-171,961,7542,030,563
2026-06-162,356,0032,423,293
2026-07-162,543,5372,630,070
2026-08-152,806,9502,890,869
2026-09-143,338,1573,438,641
2026-10-143,855,3203,975,889
2026-11-134,282,0064,399,635
Step endingWallet growth, NEARNet issuance, NEAROffset
2025-11-18215,1323,487,8886.2%
2025-12-18212,3802,533,7878.4%
2026-01-17206,8122,558,3768.1%
2026-02-16404,1512,548,64315.9%
2026-03-18333,3172,577,21512.9%
2026-04-17407,8722,604,47515.7%
2026-05-17182,0792,632,2096.9%
2026-06-16394,2482,625,95315.0%
2026-07-16187,5342,650,8517.1%
2026-08-15263,4132,641,52810.0%
2026-09-14531,2072,641,81920.1%
2026-10-14517,1632,644,80419.6%
2026-11-13426,6852,661,11216.0%