NEAR Intents reports $3.8 million loss after smart contract bug

NEAR Intents, a multichain execution and settlement protocol built around intent-based transactions, has confirmed a security incident that resulted in approximately $3.8 million in losses. In a statement issued on X on Oct. 1, the team said the issue was caused by a bug in how the Omni deposit and withdrawal infrastructure interacted with its smart contract. The platform said it would fully compensate the affected funds. Earlier today NEAR Intents services were stopped after a security incident was detected. The incident was caused by a bug in the Omni deposit and withdrawal infrastructure interaction with NEAR Intents smart contract. The preliminary report indicates the total loss of… — NEAR Intents (@near_intents) October 1, 2026 The smart-contract vulnerability has been patched, and NEAR Intents and near.com were expected to resume operations within about an hour, as noted by the team. However, deposits and withdrawals on BSC, Polygon, TON, Optimism, Avalanche, Stellar, Monad, LayerX, Adi, Scroll and Plasma were expected to remain unavailable for about 12 hours while Omni-related fixes were completed. NEAR Intents said users holding assets from the affected networks would not l...