CoW Swap is increasing to Solana, leveraging $NEAR Intents as backend infrastructure to energy the intent-based decentralized alternate on the blockchain. The announcement comes as $NEAR Intents continues to develop cross-chain intent settlement capabilities.
CoW Swap operates on a Coincidence of Desires (CoW) mannequin, permitting customers to specific buying and selling intents which might be settled via batch auctions reasonably than conventional automated market maker (AMM) mechanics. $NEAR Intents gives the underlying intent-solving infrastructure enabling this performance throughout blockchains.
The enlargement marks CoW Swap’s entry into the Solana ecosystem, broadening the protocol’s multichain presence past Ethereum and different networks the place it at present operates. $NEAR Intents has positioned itself because the backend for intent-based purposes, enabling builders to construct intent settlement layers on a number of blockchain networks.
Sources: $NEAR Intents
