🔥NEAR Intents has really become popular recently, but it's not at all "mystical", it's all valuable insights.

🔹Everyone knows how troublesome cross-chain transactions used to be: first bridging over, then exchanging, and finally bridging back, with various gas traps in between. NEAR Intents @NEARProtocol has completely simplified this process—you just need to say "what you want to do", for example, exchanging ETH for SOL on Solana, and the rest of the routing, finding the best price, and execution is all handled by solvers in the network competing to do it, with everything finally settled on NEAR. Users are happy, and NEAR is happy too, because every cross-chain intent generates a settlement fee, which is the true value capture for NEAR.

🔹What's even more intense is that Intents has brought non-EVM assets into the DeFi arena, especially Zcash (ZEC). Previously, ZEC could only rely on slogans to participate in DeFi, but now Raydium has directly launched the ZEC/SOL trading pair, with a 24-hour volume of tens of millions of dollars, all thanks to Intents' seamless integration. Users trading ZEC on Solana can even get better prices than on centralized exchanges, with an experience as smooth as native assets.

🔹Rhea Finance has seized this opportunity. It has created a multi-chain unified lending market, primarily focusing on non-EVM heavyweights like ZEC and BTC. You can directly use ZEC as collateral to borrow USDC or USDT on Base or Solana, with interest rates significantly higher than those on EVM chains (USDC can reach 10-12% APY). The entire process requires no manual bridging, gas fees are as low as around 0.3 dollars, and transactions either complete entirely or not at all, executed atomically.

🔹Data looks the best: Rhea now occupies 94% of NEAR DeFi TVL, close to 120 million dollars, with a trading volume of 940 million in the past 30 days, averaging over 30 million daily. The protocol's revenue has already been used to buy back 2.5 million RHEA tokens, a tangible positive feedback loop. More importantly, it has truly activated the liquidity of ZEC, with ZEC's TVL on Rhea reaching 6.5 million dollars, several times higher than traditional chains.

🔹The community sentiment is also taking off. NEAR's own engineer Evgeny directly stated: "Don't miss NEAR after missing out on ZEC's tenfold increase." Mert from Helius, ZachXBT from the privacy circle, and Eric Wall are all testing the cross-chain experience of ZEC, all expressing that "this is what privacy coins should look like." The sentiment is visibly heating up.

🔹In short, Rhea is the strongest proof of NEAR Intents landing: non-EVM assets can finally play DeFi without pain, liquidity is flowing in, NEAR collects settlement fees, and the ecosystem's TVL and daily active users are both soaring. Next, Rhea will also go on Sui and Aptos, and the Kinsu App in ConsumerFi is using Rhea as a yield base, offering a stable return of 6%+ to tens of millions of Web2 users.

🔹The cross-chain era is not about who has more chains, but about who can turn intentions into reality. NEAR Intents + Rhea have already written the answer on the chain.