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NEAR Protocol, founded in 2017, is a fully decentralized, community-driven Layer 1 blockchain protocol and smart contract platform. NEAR aims to empower and support developers and creators worldwide, promoting the growth of open technology. The NEAR protocol is an open-source, decentralized PoS public chain platform and one of the most competitive chains for DApps today. The protocol employs sharding technology, making it developer-friendly, offering a superior sharding design compared to ETH2.0, along with top-tier engineering capabilities. Unlike ETH2.0, its sharding design prioritizes balanced network resources across shards without treating shards differently.
NEAR/USDT is a spot trading pair where NEAR is the base asset and Tether is the quote asset. The price displayed on the page represents the amount of USDT required to purchase 1 NEAR. Buy orders use USDT to exchange for NEAR, while sell orders use NEAR to exchange for USDT.
After a spot order is filled, the relevant assets will be credited to the user's spot account. Whether an order can be filled depends on the order type, order quantity, and market liquidity.