NEAR Enables Privacy by Default for Perpetual Futures Trades

Privacy-by-default on perpetual futures is a meaningful shift because it changes the baseline rather than offering an opt-in toggle, which matters for traders who currently treat on-chain position visibility as a given. The pairing of NEAR's network with Hyperliquid's infrastructure also suggests privacy is being positioned as a competitive feature for perp venues rather than a standalone product. The open question is whether default anonymity becomes a differentiator other chains feel compelled to match, or remains a niche setting with limited effect on where liquidity actually settles.