CoW Swap is expanding to Solana, leveraging $NEAR Intents as backend infrastructure to power the intent-based decentralized exchange on the blockchain. The announcement comes as $NEAR Intents continues to develop cross-chain intent settlement capabilities.
CoW Swap operates on a Coincidence of Wants (CoW) model, allowing users to express trading intents that are settled through batch auctions rather than traditional automated market maker (AMM) mechanics. $NEAR Intents provides the underlying intent-solving infrastructure enabling this functionality across blockchains.
The expansion marks CoW Swap’s entry into the Solana ecosystem, broadening the protocol’s multichain presence beyond Ethereum and other networks where it currently operates. $NEAR Intents has positioned itself as the backend for intent-based applications, enabling developers to build intent settlement layers on multiple blockchain networks.
Sources: $NEAR Intents