NEAR Price Jumps 22% Amid Hyperliquid-Powered Confidential Perpetuals Launch

$NEAR Protocol ($NEAR) rallied on Thursday, rising by 22% to $2.98 as traders responded to the launch of confidential perpetual trading powered by Hyperliquid. During the rally, the trading volume surged 120.4% to $1.24 billion, and the market cap rose to about $3.9 billion.