NEAR Intents Exploited for $3.8M; Team Fixed Bug in One Hour

The speed of the fix and user compensation matter more here than the loss itself: NEAR Intents is infrastructure other protocols and market makers rely on, so a one-hour remediation sets a precedent for how intent-based systems handle failure. But the debate over whether this is 'bullish' misses the point — an exploit that required compensation still signals a bug in the intent layer, and the open question is whether similar vulnerabilities exist elsewhere in the stack. Watch how other intent projects respond, and whether this incident changes how users price smart-contract risk on NEAR.