Update
NEAR's Revenue Buybacks Removed $NEAR from Circulation
NEAR's revenue dashboard indicates that Intents buybacks have permanently removed 3.96 million $NEAR from circulation. These buybacks are held in three revenue wallets: multisignature.near with 2,036,316 $NEAR, fefundsadmin.sputnik-dao.near with 1,922,573 $NEAR, and 1csfundsadmin.sputnik-dao.near with 271 $NEAR. The total supply of NEAR is 1.31 billion, making the 3.96 million $NEAR 0.30% of the total supply. DefiLlama's methodology confirms these buybacks are not burned, and NEAR's Feb 24 tokenomics post notes that governance retains discretion over the deployment, holding, or redistribution of accumulated assets. $NEAR is the fifth-largest market by 24-hour volume on Hyperliquid's main perp dex, with a volume of $294 million.