NEAR Mobile

NEAR Mobile is a non-custodial cryptocurrency wallet built for the NEAR Protocol ecosystem and designed for the multichain era. Developed by Peersyst Technology, a blockchain software company based in Spain, the app launched in 2022 and is available on iOS and Android. It targets users who want self-custody of NEAR-native assets and access to cross-chain liquidity without the complexity typically associated with crypto wallets.

The Problem It Solves

Managing on-chain assets from a mobile device has historically required either giving up custody to a centralized exchange or navigating seed phrases, browser extensions, and multi-step bridging flows. NEAR Mobile addresses both friction points: it is fully non-custodial -- users retain control over their private keys at all times -- while using the FastAuth infrastructure native to NEAR Protocol to allow account creation via passkey or social login, eliminating the seed phrase requirement for new users. The result is a wallet that can be set up in seconds and controlled from a phone.

How It Works

NEAR Mobile is built as a React Native application in TypeScript, open-sourced on GitHub under the Peersyst organization. The non-custodial design means private keys are encrypted and stored locally on the device; the app does not hold funds or require users to share credentials with any server.

Cross-chain functionality is powered by NEAR Intents, a chain abstraction protocol native to NEAR Protocol. Rather than wrapping assets through a traditional bridge, NEAR Intents routes swap orders through a network of solvers who fulfill cross-chain trades using native tokens on their respective chains. From a user perspective, this means swapping assets across Bitcoin, Ethereum, Solana, and XRP directly from the app -- with no centralized exchange account and no wrapped token intermediary involved in the swap itself. The [[TOKEN:3ZLekZYq2qkZiSpnSvabjit34tUkjSwD1JFuW9as9wBG]] is available as a Solana-side asset within this system, enabling NEAR Protocol participants to move value in and out of the Solana ecosystem natively.

dApp integration is handled through One Click Connect, a protocol that links external decentralized applications to NEAR Mobile with a single authentication step, removing the need to copy-paste wallet addresses or manage separate browser extension sessions.

Key Features

Asset management and on-ramps. The app supports buying NEAR with fiat currency using local payment methods, sending and receiving NEAR and other supported tokens, and managing multiple wallet addresses from a single interface.

NEAR staking. Users can stake NEAR directly within the app on a non-custodial basis, with the protocol advertising yields up to 10% APY. There is no lock-up requirement imposed by the wallet itself; staked funds remain accessible according to NEAR Protocol standard unbonding terms.

Cross-chain swaps. The NEAR Intents integration covers Bitcoin, Ethereum, Solana, and XRP. As of early 2025, supported swap assets expanded to include XAUT, VVV, DASH, USAD, and USDCx alongside additional networks. Trading is available on NEAR Intents natively and through Rhea Finance, which integrated with the wallet in March 2025.

DeFi access. The wallet integrates Ref Finance, the primary NEAR Protocol on-chain DEX, giving users access to liquidity pools and yield-generating positions without leaving the app.

NFT management. Users can view, send, and receive NFTs held in their NEAR accounts.

Ledger support. Hardware wallet compatibility with Ledger was announced as an upcoming feature.

NPRO Utility Token

NEAR Mobile launched its native utility token, NPRO, on December 15, 2025. The total supply is fixed at 10 million tokens distributed over five years through an epoch-based bonding curve that releases decreasing amounts per epoch -- approximately 3,038 tokens in the first epoch, declining to 760 by the final epoch. The allocation is weighted toward community incentives: 60% goes to staking rewards, 15% to treasury, 10% to a liquidity pool, 10% to marketing, and 5% to the founding team.

The primary way users earn NPRO is by staking NEAR through NEAR Mobile. Half of NEAR staking rewards are used to purchase NPRO from the liquidity pool, and the other half pairs with those purchased tokens to add liquidity permanently -- a mechanism described by the team as an upward pressure liquidity algorithm. Liquidity pool tokens generated this way are permanently burned to prevent removal, and the team receives no allocation of directly released tokens.

NPRO determines access to membership tiers. The Basic tier is free and includes up to two wallet addresses, price alerts, and standard swap fees. The Premium tier requires locking 500 NPRO for one year and unlocks unlimited wallet addresses, a 25% swap fee discount, zero staking fees, premium support, and upcoming features such as portfolio analytics and downloadable statements. Locking is non-destructive: tokens remain the property of the user throughout the commitment and can be withdrawn after the lock period ends.

NPRO launched with trading on NEAR Intents and Rhea Finance. A buyback program was also initiated following the December 2025 distribution.

Team and Ecosystem Contributions

Peersyst Technology built NEAR Mobile with backing and partnership from NEAR Foundation, Meta Pool, and SWEAT. Beyond the wallet itself, Peersyst developed several foundational infrastructure pieces for the broader NEAR Protocol ecosystem: FastAuth (the passkey-based account creation system used in the wallet), NEAR Mint (a token launch platform), and One Click Connect (the dApp authentication protocol described above). The wallet had accumulated 3,407 commits on its development branch as of mid-2026 and maintained active development with regular version releases, reaching version 3.9.5 as of June 2026.

Security

NEAR Mobile is non-custodial by design. The open-source codebase is publicly auditable on GitHub. The team has also highlighted a NEAR Protocol post-quantum cryptography upgrade -- quantum-safe signing using a NIST-approved scheme went live on NEAR mainnet in July 2026 -- as directly relevant to the long-term security posture of mobile self-custody on the network. No third-party security audit of the NEAR Mobile application code has been publicly documented in available sources.

Fit in the Solana Ecosystem

The primary environment of NEAR Mobile is NEAR Protocol, but the NEAR Intents integration creates a direct bridge between NEAR Protocol liquidity and Solana. Solana-based users can deposit and withdraw native assets via NEAR Intents, and NEAR Protocol native token is available on Solana as a Solana-side asset. The cross-chain swap feature means assets held in Solana wallets are reachable from within NEAR Mobile, and vice versa, without routing through a centralized exchange or traditional bridge. For projects and users operating across both ecosystems, NEAR Mobile represents one of the available interfaces for navigating that interoperability.