NEAR Protocol Launches 600ms Blocks, 1.2-Second Finality Unlocking DeFi Use Cases

NEAR Protocol has announced a major performance upgrade on its mainnet, achieving 600 millisecond block times and finality in 1.2 seconds. This advancement delivers both rapid block production and secure transaction finality, positioning NEAR as a blockchain that combines speed with reliability. The faster finality unlocks new use cases, particularly in decentralized finance (DeFi), such as high-frequency loops including delta-neutral rebalancing, cross-centralized and decentralized exchange arbitrage, and oracle-free perpetual contracts. The improved latency is being highlighted as a critical metric alongside transactions per second (TPS), emphasizing NEAR’s focus on reducing confirmation delays. Users are encouraged to experience the enhanced performance firsthand through applications like Nightly. This upgrade reflects NEAR Protocol’s commitment to delivering a blockchain that meets the demands of speed-sensitive applications without compromising security. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant