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    NEAR Protocol
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NEAR Protocol - Logo

NEAR Protocol(NEAR)

Standardized
Blockchains (L1)
Price
~$5.3461
Live
ATH
$20.24
2.9y ago
ATL
$0.5330
4.1y ago
Chains
NEAR Protocol - Logo
1 chain

7d price-22.3%

30d price-2.8%

90d price+14.5%

180d price+3.2%

Learn more

What is NEAR Protocol?

NEAR Protocol is a smart contract platform for decentralized applications (a blockchain). NEAR Protocol was founded by Alexander Skidanov & Ilya Polosukhin and launched in 2017.

How does NEAR Protocol work?

Validators process transactions and receive validator rewards (supply-side fees).

Who governs NEAR Protocol?

NEAR holders own and govern the protocol. They currently take (burn) all of the total transaction fees paid by users (revenue). NEAR Protocol's investors include a16z, Pantera Capital, Libertus, etc.

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Overview of NEAR

RevenueNEAR Protocol's share of the transaction fees$100Connects Validators & UsersSupply-side feesValidators' share of the transaction fees$0ValidatorsFeesTransaction fees paid by users$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

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