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Research

NEAR Perps Separates Confidential Funding From Position Secrecy

NEAR documents perps access through Hyperliquid, with confidentiality attached to deposits and withdrawals.

Published
Conceptual routing instrument with an opaque funding chamber and visible entry and exit connections.
Technical illustration

NEAR's September 17 issuer release lists confidential perps among near.com's services. Its product documentation describes direct Hyperliquid integration and funding converted through NEAR Intents into the required margin asset.

The privacy boundary is narrower than a secret order book: the FAQ specifies confidential deposits and withdrawals for a dedicated Hyperliquid trading account. That does not establish that positions themselves are hidden. The product also warns of leveraged-trading losses and geographic restrictions.

References