{"schema_version":2,"updated":"2026-10-24T07:57:30.312Z","license":"https://creativecommons.org/licenses/by/4.0/","cite_as":"Own Your Mind, \"Decentralised AI Freedom and Returns score dataset\", https://ownyourmind.ai/integrity/","attribution":"Own Your Mind (ownyourmind.ai). Link the specific project review when citing a single project.","integrity_notice":{"summary":"Each integrity record carries its own record_type, verdict and assessment_level. A 'claim' record quotes the project's own published statement; a 'reported' value is that claim, not a verified fact, unless verdict is 'match'. A 'finding' record is our own measurement and grades no one's claim. assessment_level 'not-assessed' means unchecked, never clean. Findings are dated snapshots, not a live feed.","verdicts":{"match":"verified against independent data","inflated":"reported higher than independent data shows","understated":"reported lower than independent data shows","outdated":"was accurate when reported; on-chain reality has since moved","established":"our own independent measurement; there is no project claim to grade","unverified":"independently checkable, not yet checked","unverifiable":"checked, could not independently confirm"},"record_types":{"claim":"the project's own published statement, quoted verbatim, graded against independent data","finding":"our own measurement for a score dimension; no claimant and never a verdict on a claim"},"methodology":"https://ownyourmind.ai/resources/integrity-checks/"},"slug":"near","markdown":"https://ownyourmind.ai/projects/near.md","title":"NEAR Protocol","token":"NEAR","category":"platform","freedomScore":6.2,"returnsScore":7.3,"freedomGrade":"C","returnsGrade":"B","url":"https://ownyourmind.ai/projects/near/","integrity":{"assessment_level":"onchain-reconciled","last_assessed":"2026-10-13","emission_honesty":null,"reconciliations":[{"metric":"protocol_revenue","assessment_level":"onchain-reconciled","record_type":"finding","verdict":"established","claim_holds_up":false,"finding":"NEAR's base-chain gas revenue is small beside Intents, and its dollar run-rate has turned up since mid-September 2026.","independent":{"value":"$873,358 trailing-year and $12,777,623 all-time protocol revenue, re-read 2026-10-13. DeFiLlama now counts only the burned 70% of gas as revenue (gross gas $1,246,805 trailing-year), so the drop from $1,271,551 on 2026-09-18 is a basis change: on the gross basis the year is flat. The 30-day window is $128,399, against $39,266 on 2026-09-18, and NearBlocks puts most of that rise down to NEAR's price, with daily gas in NEAR up about 1.9x from August to early October.","source":"DeFiLlama open-source on-chain adapter (near) + NearBlocks charts API (daily txn_fee, 2026-10-13) + Token Terminal (Pro, read via authenticated browser 2026-06-12)"},"assessed_date":"2026-10-13","severity":"info"},{"metric":"intents_gross_fees","assessment_level":"onchain-reconciled","record_type":"finding","verdict":"established","claim_holds_up":false,"finding":"NEAR Intents settlement fees are growing, with the 30-day run-rate ahead of the trailing year.","independent":{"value":"$51.94M trailing-year and $54.29M all-time gross Intents fees, re-read 2026-10-13; 30 days $7.87M, which annualises to about $95.8M. The 30-day run-rate is running ahead of the trailing year rather than behind it.","source":"DeFiLlama open-source on-chain dimension adapter (near-intents), cross-confirmed first-hand on the near-intents Fees tab 2026-08-04"},"assessed_date":"2026-09-24","severity":"info"},{"metric":"intents_protocol_revenue","assessment_level":"onchain-reconciled","record_type":"claim","verdict":"unverified","claim_holds_up":false,"claim":{"quote":"NEAR Intents has already directed revenue to over 1M in $NEAR buyback.","source_url":"https://www.near.org/blog/evolving-near-tokenomics","archive_url":null,"date":"2026-02-24"},"reported":{"value":"Intents revenue has funded over 1M in NEAR buybacks (as of February 2026)","source":"NEAR blog, Evolving NEAR Tokenomics","self_reported":null},"independent":{"value":"$8.45M trailing-year protocol-retained Intents revenue, re-read 2026-10-20 ($7.51M on 2026-10-07, $6.60M on 2026-09-24). The buyback slice is growing with the gross fees it is taken from.","source":"DeFiLlama open-source on-chain dimension adapter (near-intents), cross-confirmed first-hand on the near-intents Fees tab 2026-08-04"},"assessed_date":"2026-09-24","severity":"info"},{"metric":"published_revenue_30d","assessment_level":"onchain-reconciled","record_type":"claim","verdict":"match","claim_holds_up":true,"claim":{"quote":"NEAR is earning revenue, in real time.","source_url":"https://revenue.near.org/","archive_url":null,"date":"2026-09-23"},"reported":{"value":"NEAR earns revenue, tracked live; the 30-day tiles read $6.73M gross and $1.85M net on 2026-09-29 (about $5.98M and $2.16M on a first read on 2026-09-23)","source":"NEAR Revenue Dashboard (revenue.near.org), read in a browser 2026-09-23","self_reported":null},"independent":{"value":"Revenue is being earned on both legs the dashboard tracks. On 2026-09-29 the dashboard's 30-day net tile read $1.85M against $1,780,636 from the two DeFiLlama adapters over the 30 days to 2026-09-28 ($1,711,121 Intents plus $69,515 base chain), a 3.9% gap; its gross tile read $6.73M against $6,749,403, 0.3% apart. On 2026-08-13 the net tile read $500.0K against $518,859, a 2.2% gap.","source":"DeFiLlama open-source on-chain dimension adapters: summary/fees/near-intents (dailyRevenue + dailyFees) and summary/fees/near (dailyRevenue + dailyFees), read 2026-09-29"},"assessed_date":"2026-09-24","severity":"info"},{"metric":"inflation_parameters","assessment_level":"onchain-reconciled","record_type":"claim","verdict":"match","claim_holds_up":true,"claim":{"quote":"The target value is computed in such a way that, on an annualized basis, it will be 2.5% of the total supply.","source_url":"https://docs.near.org/protocol/network/validators","archive_url":null,"date":null},"reported":{"value":"Validator rewards equal 2.5% of total supply a year","source":"NEAR documentation, Validators page","self_reported":null},"independent":{"value":"The live protocol config returns max_inflation_rate = 1/40 (2.5%) at protocol version 86, matching the docs exactly. Total supply read 1,303,466,759.24 NEAR from the finalised block header.","source":"NEAR JSON-RPC EXPERIMENTAL_protocol_config + block(finality=final), read on three independent endpoints (rpc.mainnet.near.org, free.rpc.fastnear.com, near.lava.build), 2026-08-13"},"assessed_date":"2026-09-24","severity":"info"},{"metric":"validator_set","assessment_level":"onchain-reconciled","record_type":"claim","verdict":"match","claim_holds_up":true,"claim":{"quote":"The top 100 validators are responsible for producing and validating blocks, as well as producing chunks.","source_url":"https://docs.near.org/protocol/network/validators","archive_url":null,"date":null},"reported":{"value":"100 block and chunk producer seats","source":"NEAR documentation, Validators page","self_reported":null},"independent":{"value":"414 validators in the active set at epoch 4859, staking 558,484,160 NEAR (42.7% of total supply), with 100 block-producer seats as documented. Stake is comparatively well spread for an L1: the largest validator holds 5.7%, the top 10 hold 37.8%, and it takes 9 validators to reach a third of stake (8 at the 13 August read).","source":"NEAR JSON-RPC validators + block(finality=final), 2026-10-13; NearBlocks validators API cross-check (412 validators, halt coefficient 9)"},"assessed_date":"2026-09-24","severity":"info"},{"metric":"open_source_footprint","assessment_level":"onchain-reconciled","record_type":"finding","verdict":"established","claim_holds_up":false,"finding":"NEAR's reference client, nearcore, is public under GPL-3.0 and actively developed, inside an org of 289 public repositories.","independent":{"value":"Confirmed. The github.com/near org carries 289 public repositories; the reference client nearcore is GPL-3.0, 2,610 stars, not archived, and was pushed the same day we ran the check with 484 open issues.","source":"GitHub API (near org + near/nearcore), 2026-08-13"},"assessed_date":"2026-09-24","severity":"info"},{"metric":"chain_tvl","assessment_level":"onchain-reconciled","record_type":"finding","verdict":"established","claim_holds_up":false,"finding":"DeFi capital on NEAR is tracked from DeFiLlama's chain series as a trailing 7-day median.","independent":{"value":"$224,009,067 trailing-7-day median DeFi TVL on NEAR, re-read 2026-09-29 ($196,950,406 on 2026-09-24). DeFiLlama's daily series rose from about $140M on 15 September to about $204M on 23-24 September and has held above it since.","source":"DeFiLlama /v2/historicalChainTvl/Near (7-day median)"},"assessed_date":"2026-09-24","severity":"info"},{"metric":"foundation_treasury","assessment_level":"onchain-reconciled","record_type":"finding","verdict":"unverifiable","claim_holds_up":false,"finding":"The NEAR Foundation's treasury cannot be measured from public sources: no disclosure names its accounts, and most of it is reported as fiat held off-chain.","independent":{"value":"NOT MEASURABLE from public sources, established rather than assumed. The two nameable Foundation accounts hold 63,965.65 NEAR combined, 0.0049% of the 1.3039B supply. foundation.near holds 869.32 NEAR, has zero staked across all 40 staking pools it has ever delegated to, and has no lockup contract. nf-payments.near holds the rest, mostly 61,881 NEAR staked with one validator. No published disclosure names a Foundation account set, and the majority of the self-reported treasury is fiat held off-chain.","source":"NEAR mainnet RPC (rpc.mainnet.fastnear.com + free.rpc.fastnear.com), account and staking-pool view calls, 2026-08-17"},"assessed_date":"2026-09-24","severity":"medium"},{"metric":"circulating_share","assessment_level":"onchain-reconciled","record_type":"finding","verdict":"established","claim_holds_up":false,"finding":"Aggregators disagree on NEAR's circulating supply by about 4% of total supply, and no holder of that gap has been identified.","independent":{"value":"The two aggregators disagree by ~54.0M NEAR. CoinGecko reports circulating 1,303,818,416 against its OWN total of 1,303,818,394, so its circulating figure exceeds its total and it plainly models no lock-up. NearBlocks reports circulating 1,249,836,992 of 1,303,845,705, i.e. 95.86% circulating and 54,008,711 NEAR non-circulating. Chain total supply confirmed on two independent RPC endpoints.","source":"NEAR mainnet RPC total_supply (two endpoints) + CoinGecko + NearBlocks, 2026-08-17"},"assessed_date":"2026-09-24","severity":"medium"},{"metric":"protocol_reward_rate","assessment_level":"onchain-reconciled","record_type":"claim","verdict":"match","claim_holds_up":true,"claim":{"quote":"After that a fraction of the reward goes to the treasury and the remaining amount will be used for computing validator rewards","source_url":"https://nomicon.io/Economics/Economics.html","archive_url":null,"date":null},"reported":{"value":"A fraction of each epoch's reward goes to the protocol treasury (TREASURY_PCT 0.1)","source":"NEAR protocol specification (Nomicon, Economics)","self_reported":null},"independent":{"value":"Measured, treasury.near receives 10.0% of new supply at each epoch boundary: 2,638.65 of 26,345 NEAR at block 219,167,534 and 2,654.20 of 26,526 NEAR at 219,124,334; 10.11% over 7 days and 10.15% over 28 days on an archival node. The balance does not move inside an epoch, so this is protocol issuance, not transfers. The protocol_reward_rate config field reads [0, 1] at protocol version 86 and does not reflect what the chain pays.","source":"NEAR JSON-RPC: block headers (total_supply) and view_account(treasury.near) either side of epoch boundaries, rpc.mainnet.fastnear.com and archival-rpc.mainnet.fastnear.com, read 2026-10-09"},"assessed_date":"2026-10-09","severity":"info"},{"metric":"liquidity_depth","assessment_level":"onchain-reconciled","record_type":"finding","verdict":"established","claim_holds_up":false,"finding":"NEAR is listed across a broad set of exchanges, including Binance, Coinbase, OKX, Kraken and KuCoin, though much of the reported volume sits on second-tier venues.","independent":{"value":"All five confirm, and the volume floor is cleared several times over: 151 tickers on 89 venues, the widest coverage in our corpus, at $535.76M reported 24h volume and a 10.27% 7-day median turnover. The composition is worth stating alongside it. Binance leads at 16.2% and KuCoin follows at 10.0%, but BTCC, Toobit, CoinW and Websea occupy four of the next six places, so a material share of the reported flow sits on second-tier venues rather than on the tier-1 names the claim rests on.","source":"CoinGecko tickers (paginated) + turnover from src/data/turnover.json, read 2026-09-06"},"assessed_date":"2026-09-24","severity":"info"},{"metric":"consensus_censorship_surface","assessment_level":"onchain-reconciled","record_type":"finding","verdict":"established","claim_holds_up":false,"finding":"Nine validators together hold more than a third of NEAR stake, enough to halt the chain, out of an active set of over four hundred.","independent":{"value":"414 active validators, and the Nakamoto halt coefficient is 9: that many colluding validators exceed one third of stake and can stop the chain. The top ten hold 37.85% of stake, and 42.67% of supply is bonded. The coefficient was 8 at the 7 September read.","source":"near consensus read via scripts/refresh-validator-sets.ts (2026-10-12) and a direct NEAR JSON-RPC validators read (2026-10-13, epoch 4859), cross-checked against the NearBlocks validators API"},"assessed_date":"2026-10-13","severity":"medium"}],"facts":[]}}