nearswaps

Learn · NEAR trading

What is the best DEX on NEAR?

There is no single best DEX on NEAR; it depends on the token. Rhea Finance holds the deepest pools for NEAR, stablecoins and most established tokens. Intear DEX is where TEAR and Intear launchpad tokens trade. nearswaps is not a DEX: it routes each swap through Rhea and Intear DEX pools and shows the route before you sign.

Last checked

The venues, side by side

VenueWhat it isUsed by nearswaps?
Rhea FinanceThe exchange most NEAR tokens trade on: classic, stable and DCL (concentrated) pools. Contracts v2.ref-finance.near and dclv2.ref-labs.near.Yes: classic, stable and DCL pools, through its own router.
Intear DEXIntear's exchange (dex.intear.near) with its own launch pools; Intear's router quotes it.Yes: TEAR and Intear launchpad tokens, quoted by Intear's router.
Launchpad poolsNearly and JustHoot launches trade on their own Rhea DCL pools; Shards launches on their own bonding curve, then their own pool.Yes: through those pools.
Jump DeFiA NEAR DeFi app; its site (jumpdefi.xyz, read 20 October 2026) lists a swap, pools, farms, NFT staking, the Jump Pad launchpad and a token kit.No.
AggregatorsServices that route one swap over other exchanges' pools, for example Intear's DEX Aggregator over Rhea, Rhea DCL, Aidols and Intear DEX pools (source).Partly: nearswaps runs its own routing for Rhea and asks Intear's router for Intear DEX.
NEAR IntentsA solver network that fills swaps across chains through deposit addresses.Yes: for paying in from, or selling to, another chain.

Where the liquidity is

Intear's public token index (prices.intear.tech, read on 20 October 2026) lists the main pool of each token. For wNEAR it is Rhea pool 6063 with about $4.26M of liquidity, for native USDC Rhea pool 4512 with about $5.90M, for stNEAR and LiNEAR Rhea pools 3514 and 3515. TEAR's main pool is Intear DEX pool 274. Figures move every minute; each token page shows the main pool.

How to pick for one trade

  • Look at the price impact for your size in the quote: the deepest pool for that token gives the lowest.
  • Compare pool fees: a Rhea classic pool picks 0.2%, 0.3% or 0.6%, or a custom fee from 0.01% to 19.99%, when it is created, and DCL pools can have several fee tiers (Rhea guide); Intear launch pools often charge 5%, and brand-new launches can start far higher and fall over hours.
  • Check the token, not the venue: the token check shows every pool holding it, who holds the liquidity, and what a 10 and 100 NEAR sell would cost.

What nearswaps adds on top of the pools

Split routing across up to 3 routes, stop-loss and limit orders, 1-click trading, a token check, cross-chain pay-in and pay-out, and charts. It charges a 0.5% site fee on top of the pool fee. Head-to-head pages: vs Rhea, vs Intear and vs NEAR Intents.

Questions people ask

Which DEX has the most liquidity on NEAR?

Rhea Finance, for NEAR, stablecoins and most established tokens. Intear's index on 20 October 2026 lists Rhea pools as the main pool for wNEAR, USDC, stNEAR and LiNEAR. Intear DEX leads for TEAR and Intear launchpad tokens.

Is Ref Finance the same as Rhea Finance?

Yes. In 2025 Ref Finance merged with Burrow, the NEAR lending protocol, and rebranded as Rhea Finance (Rhea history). Its exchange contracts still carry the Ref Finance account names, such as v2.ref-finance.near, and the REF token still trades.

Does nearswaps route through Jump DeFi?

No. It routes through Rhea pools, Intear DEX and the launchpads' own pools.

Is an aggregator better than a single DEX?

It can be, because one trade can be split across pools. The nearswaps router already splits a Rhea swap over up to 3 separate routes in 5% steps when that pays more than one pool.

Is nearswaps a DEX?

No. It is a front end: it finds the route, builds the transaction and your wallet signs it. The pools belong to Rhea, Intear and the launchpads.