cross-chain swaps

NEAR

2026-10-19 09:50:11

NEAR Intents posts $130.7 million in 24-hour cross-chain swap volume

NEAR Intents recorded $130.7 million in cross-chain swap volume over the past 24 hours, lifting its 30-day total to $4.59 billion and pushing cumulative volume since launch above $35 billion. A large share of recent activity came from privacy-focused trades, which reached $91.9 million in the last day and accounted for 9.4% of monthly volume. The main flow was direct cross-chain transfers between Zcash and Bitcoin, with on-chain radar tracking several large transactions by institutional players. Separately, NEAR co-founder Illia Polosukhin said users can now migrate NEAR account keys to the post-quantum ML-DSA standard. Bitwise’s NEAR ETF also logged $2.61 million in net inflows in a single day, bringing cumulative inflows to $83.05 million, according to the report cited by Techub from U.Today.

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Zcash

2026-10-19 07:38:04

Zcash proposes quantum defense for cross-chain swaps with one viewing key per transaction

Zcash developers have outlined a new engineering proposal aimed at reducing a future quantum-computing privacy risk tied to cross-chain swaps. The plan focuses on transactions routed through NEAR Intents, where failed swaps can leave a refund address on NEAR’s public blockchain. Because that address uses Zcash public-key formatting derived from a wallet’s viewing key, the team argues that a sufficiently powerful quantum computer could one day reverse that relationship and expose more of a user’s transaction history than intended. The proposed fix comes from Zakura, the next-generation software stack for the Zcash network. Under the design, each ZEC swap conducted through NEAR Intents would receive its own dedicated viewing key. That would limit the damage from any single key compromise to one transaction rather than an entire account’s incoming payment history, amounts, and attached private memos. Spending keys would remain in the user’s main wallet. Zakura also says wallets built on its open-source libraries, including Vizor, could support the feature within weeks, while hardware wallets would need firmware updates. To address the recovery burden created by potentially hundreds of viewing keys, the proposal uses private information retrieval, or PIR, so wallets can locate refund outputs without scanning the full chain for every key.

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Zcash

2026-10-19 06:48:09

Zcash plans per-swap viewing keys for cross-chain trades to limit future quantum risk

Zcash’s Zakura development team has outlined a post-quantum security upgrade aimed at cross-chain swaps routed through NEAR Intents, according to CoinDesk. The proposal would generate a separate viewing key for each ZEC swap while keeping spending keys inside the user’s main account structure. The change is designed to address a long-term privacy issue created when refund addresses are posted on NEAR’s public ledger during cross-chain matching. Even if no refund is triggered, that address remains on-chain as metadata. The concern is not about immediate exposure under current computing models. It is about a future scenario in which practical quantum computers running Shor’s algorithm could derive private parameters from public-key material. Because many Zcash addresses can map back to a shared master viewing key, a single compromised refund address could expose a much broader transaction history. Zakura’s approach tries to contain any future break to one isolated swap. To deal with the operational burden of managing many one-time keys, the team also said it is integrating Private Information Retrieval, or PIR, into wallet synchronization so clients can locate relevant refund blocks without revealing the exact addresses or data patterns being queried.

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THORChain

2026-10-12 00:19:33

THORChain says RUNE is fully unlocked, with supply reduced to 360 million

THORChain said its native token, RUNE, is now 100% unlocked, while the token’s supply has continued to decline over time. According to the protocol, RUNE was initially issued with a supply of 1 billion tokens, which was later reduced to 500 million. In May, THORChain said it burned 64.4 million RUNE from reserves under ADR-023, bringing the supply down again to 360 million. The project also outlined how system revenue is distributed. Nodes are required to bond RUNE to help secure THORChain and receive 59% of system revenue, which comes from fees paid by users making cross-chain swaps. Another 20% is currently directed to protocol-owned liquidity. THORChain said it deposits RUNE every three days into the pool with the highest fee-to-depth ratio, with half of that amount retained in RUNE and held by the protocol.

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THORChain

2026-10-08 18:47:20

THORChain launches native Zcash swaps, enabling direct ZEC cross-chain trading

THORChain has rolled out native Zcash (ZEC) swaps, allowing users to exchange ZEC for other supported blockchain assets without relying on wrapped tokens or centralized exchanges. The launch follows the protocol’s 3.20 upgrade, which added support for both Zcash and Monero. THORChain said the Zcash pool currently has more than $50,000 in liquidity and can already process live ZEC swaps, though the pool is still in a soft-launch phase and remains under active monitoring. The protocol noted that trades could be paused temporarily if bugs or other issues need to be addressed. At its current size, the pool can comfortably handle trades in the five-figure range, while larger orders may see higher slippage and slower settlement until liquidity expands. THORChain also said its Protocol-Owned Liquidity, or POL, will be added automatically to the Zcash pool once the fee-to-depth ratio is high enough. POL was introduced in version 3.20 and lets the protocol deploy a portion of liquidity fees, now set at 20%, into supported pools. With the integration, Zcash becomes the 14th native blockchain connected to THORChain’s cross-chain liquidity network.

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THORChain

2026-10-09 13:46:13

THORChain rolls out native Zcash swaps, enabling direct ZEC cross-chain trades

THORChain has launched native Zcash swaps, allowing users to exchange ZEC directly for assets on other supported blockchains without using wrapped tokens or centralized exchanges. The rollout came with protocol version 3.20, which added support for both Zcash and Monero. At launch, the Zcash pool held more than $50,000 in liquidity, and the network had already started processing live ZEC swaps. The pool is still in a soft-launch phase, with performance under monitoring and trading subject to temporary pauses if bugs or other issues appear. At its current size, the pool is better suited for five-figure trades, while larger swaps may face higher slippage and slower settlement until liquidity expands. THORChain also said protocol-owned liquidity can automatically join the Zcash pool once the fee-to-depth ratio is high enough. That mechanism was introduced in the 3.20 upgrade and allows part of liquidity fees, set at 20% at the time, to be deployed into supported pools. With the integration, ZEC holders can swap native assets against supported assets such as Bitcoin, Ethereum, and stablecoins while keeping self-custody. Zcash brings the number of native blockchains supported by THORChain’s cross-chain liquidity network to 14.

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ether.fi

2026-10-06 23:57:36

ether.fi moves payment infrastructure to MoonPay as assets under management top $6 billion

ether.fi said it has partnered with MoonPay and will migrate its core payments infrastructure to MoonPay’s integrated stack, linking fiat on-ramps, on-chain transfers and off-ramps while keeping users in a self-custody setup. The companies plan to roll out four products: Headless Ramps for embedded on- and off-ramping, Trade for cross-chain swaps and routing, Enterprise virtual accounts that support ACH, SWIFT and SEPA, and crypto top-ups. After the integration, users will only need to complete identity verification once. The company also disclosed fresh usage figures for its card business. ether.fi said card spending reached $123.7 million in September across 1.5 million transactions, up more than fivefold year over year. Since April 2025, cumulative spending has reached $918.1 million. The platform’s assets under management now exceed $6 billion, according to the company’s statement.

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THORWallet

2026-10-05 09:11:25

THORWallet adds Monero support with native XMR transfers and account management

Decentralized wallet THORWallet has integrated Monero, giving users direct access to the Monero network from within the app. The rollout adds core XMR functions, including sending and receiving the privacy-focused cryptocurrency. Users can also create and manage multiple Monero accounts under the same wallet seed, while choosing either a custom Monero node or the default node provided by the app. THORWallet said its Monero setup uses a lightweight design, with keys, balances, and transaction history calculated and stored on the user’s device. Separately, Monero support on THORChain is still undergoing testing and audit work. Once that process is complete, THORWallet plans to enable native cross-chain swaps inside the app between XMR and assets such as Bitcoin and Ethereum, according to the update cited by BeInCrypto.

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