NSWAP · in two pages
nearswaps litepaper
The short version of the nearswaps whitepaper: the one trading hub for everything on NEAR, what the fee is, how NSWAP is sold, what staking and burning give, and the dates.
Version 1.0, last changed
30 October 2026. The short version of the nearswaps whitepaper. The token is NSWAP.
What nearswaps is
The one trading hub for everything on NEAR. Tokens, new launches, NFTs, money from other chains, orders that fire on their own and trades placed by your own AI agent, all behind one door: one site, one wallet connection, one fee, one points balance, one token. Live at nearswaps.com from 19 November 2026. Every trade is signed in your own NEAR wallet.
Today NEAR is in pieces: liquidity on Rhea, Intear and three launchpads, NFTs on four or five markets, bridging on another site, and hardly a stop-loss anywhere. nearswaps puts it under one roof:
- Swap: one quote across every Rhea and Intear pool, best route, fee shown before you sign.
- Terminal: charts, one-tap buy and sell, stop-loss and limit orders checked about every second, and 1-click trading from a balance only you can withdraw.
- Bridge: BTC, ETH, SOL, ZEC, USDC and USDT from their own chains into NEAR tokens, over any page, through NEAR Intents.
- NFT Marketplace: fixed-price listings with royalties paid, plus listings from Tradeport, near.cooking and Mintbase in the same view, with a basket.
- Pulse: every launchpad's new tokens in one feed, with a one-tap buy and a token check.
- Agents: a limited key with a spending policy, so your AI agent trades from a balance only you can withdraw.
- Top Traders, Portfolio, Learn.
The fee
| Who | Trading fee |
|---|---|
| Everyone | 0.5% |
| Stakers (100,000+ NSWAP, 30-day lock) | 0.25% |
| Unrealized, for comparison | 0.75% |
The trading fee covers swaps, Terminal, 1-click, auto order fills and cross-chain. NFT sales carry a 2.5% market fee, 0.5% when bought through nearswaps from another market.
The token
One token for every room of the hub. The same NSWAP stake or burn lowers the fee on swaps, Terminal, 1-click, auto orders and cross-chain, and every fee the hub earns, NFT sales included, feeds the same staking pool.
| Name | NSWAP, the nearswaps token |
| Supply | 1,000,000,000, all sold to the public on JustHoot on 19 November 2026 |
| Team allocation | none minted. The project buys 15% to 20% on the open market, like everyone else |
| Airdrop | 5% of supply to nearswaps points holders (10 points per $1 swapped from 19 Nov, 16:00 UTC). One season of three to six months; it closes at an unannounced moment, so there is no last-day rush |
| Reserve | the other 10% to 15%, locked 6 months, then released over 18 months, in a published lockup contract |
| Pool liquidity | locked for good by JustHoot's design |
| Transfer tax | expected 1%, set on launch day. On every buy, sell and send: 75% to the project, 20% burned, 5% to holders in NEAR |
| Governance | none. Fee discounts, staking income and burn rights only |
Staking
Stake 100,000 or more NSWAP for 30 days and you pay 0.25% instead of 0.5%, and you share the staking pool: 50% of all site fees, paid in NEAR every month, in proportion to your stake. Unstake any time after the lock, no fee.
Burning
Burn tokens for good and the wallet keeps the right:
| Burn | You get |
|---|---|
| 50,000 | 0.25% fee for one year |
| 1,000,000 | no trading fee for one year |
| 5,000,000 | no trading fee for life, 0.25% of all site fees paid monthly for life, and a limited-edition NFT. Capped at 100 positions, ever |
Lifetime positions are paid out of the staking pool first; stakers share what is left. With all 100 lifetime positions taken, half the supply is burned. The NFT can be sold; the fee rights stay with the wallet that burned.
For scale
Illustrations at the standard 0.5% fee, not forecasts:
| Monthly volume | Site fees | Staking pool | One lifetime position |
|---|---|---|---|
| $1,000,000 | $5,000 | $2,500 | $12.50 |
| $10,000,000 | $50,000 | $25,000 | $125 |
| $100,000,000 | $500,000 | $250,000 | $1,250 |
Dates
- 15 Nov 2026: soft launch.
- 19 Nov 2026, 14:00 UTC: public launch. NSWAP launches on JustHoot the same day, time announced on X. Points from 16:00 UTC.
- Q1 2027: staking contract live, burn tiers open.
- February to May 2027: the first points season closes at an unannounced moment; airdrop follows. Dates after launch day are plans.
Where it goes
More of NEAR under one roof: more NFT markets, more chains as NEAR Intents adds them, every new launchpad in Pulse, trailing stops and DCA. Anything traded on NEAR should be tradable here, at the best route, with the same fee tiers and the same token behind it.
The plain truth
The token can lose all its value. Fee income depends on volume nobody can know in advance. Contracts can have bugs; the staking contract's code is published before it goes live. Fee tiers and airdrop terms can change, announced on the site first, and never for tokens already staked or burned. Nothing here is financial advice.
Full details: the nearswaps whitepaper.