Near Protocol Coins, what exactly are they? Near Protocol Coins are simply cryptocurrencies that are part of the Near Protocol ecosystem. The Near Protocol ecosystem is committed to making the blockchain highly scalable. Through scalability, blockchains within the Near Protocol ecosystem must handle a high throughput of transactions.

Do you want to know more about Near Protocol Coins? Then read on quickly.

1. Near Protocol (NEAR)

Near Protocol (NEAR) is a decentralized development platform designed to provide the ideal environment for decentralized applications (dApps) by solving some of the limitations of competing systems, such as low throughput, slow speeds and poor cross-compatibility. Near Protocol has therefore developed a blockchain that can process transactions at lightning speed. Near Protocol is known in the crypto world as the "Ethereum Killer.

The NEAR token, the platform's utility token, is used to boost nodes on the NEAR network and is also used to power transactions and the many NEAR smart contracts. Near Protocol is a community-managed platform, this allows NEAR token holders to participate in the blockchain governance of the NEAR platform, they can also have a validator vote on their behalf.

2. Aurora (AURORA)

Aurora (AURORA) is an Ethereum Virtual Machine (EVM) built on Near Protocol. Aurora provides a solution for developers to deploy their apps on an Ethereum-compatible, scalable and future-proof platform with high throughput and low transaction costs for users.

3. Ref Finance (REF)

Ref Finance (REF) is a DeFi marketplace for native NEAR tokens that leverages the power of Near Protocol. Ref Finance allows users to trade tokens using the Automated Market Maker exchange and provide liquidity to the system. One of Ref Finance's main goals is to collaborate with other NEAR projects. Ref Finance helps these other projects create market peers on the platform and provide them with a better market presence.

The REF cryptocurrency is Ref Finance's governance token. The REF token uses a revenue sharing protocol to offer rewards to token holders.

4. Sweat Economy (SWEAT)

Sweat Economy (SWEAT) is an ecosystem aimed at encouraging people to exercise through crypto rewards. This makes Sweat Economy a Move2Earn cryptocurrency. Sweat Economy's entire ecosystem is powered by the NEAR protocol, making the platform fast, cheap and green transactions take place.

The SWEAT token is Sweat Economy's native utility token and is designed to offer holders rewards for physical movement. SWEAT tokens are generated via user steps that are tracked, counted and converted by the Sweatcoin app.

5. Octopus Network (OCT)

Octopus Network (OCT) is an interoperable crypto network that consists of multiple chains for starting and running application-specific blockchains based on Web3, better known as appchain. An appchain is an independent blockchain used explicitly for a specific set of custom applications. Octopus Network's network provides out-of-the-box security, interoperability, on-chain governance and a complete infrastructure.

The OCT token is used within the Octopus Network to pay for network usage and validator services. OCT-token holders can also vote on developments within the network.

6. PAD.FI (PAD)

PAD.FI (PAD) is a launchpad, DEX Aggregator and Yield Aggregator in one. PAD.FI is changing the way communities and developers access open financial tools for crowdfunding, asset management and yield optimization. PAD.FI will be the DAO-led protocol on Aurora. They give the community full control over how public funds are used for the ecosystem.

7. Paras (PARAS)

Paras (PARAS) is an NFT marketplace that focuses on digital collectibles. Paras is an all-in-one digital collectibles marketplace that allows diversification of assets into digital collectibles. The ultimate goal of Paras is to create its own metaverse where the Paras platform becomes the gateway to multiple sources of entertainment.

8. Trisolaris (TRI)

Trisolaris (TRI) is a Decentralized Exchange (DEX) built on NEAR Protocol's Aurora EVM. Trisolaris has democratic governance and low cost. The platform has a user-friendly interface and is capable of providing liquidity, exchanging ERC-20 tokens and trading at high speeds. Trisolaris also aims to gradually and systematically reduce emissions from its liquidity mining programs.

The TRI token, Trisolaris' original currency, has a maximum supply of 500 million. TRI has the primary utility of helping owners achieve high yields.

9. Jumbo Exchange (JUMBO)

Jumbo Exchange is an Automated Market Maker (AMM) DEX that provides a low-cost and seamless way for anyone to trade unfettered. Jumbo Exchange allows any user to be a liquidity provider. Jumbo Exchange employs a simple and automated mode. Jumbo cleverly leverages Near Protocol architecture to fully realize the simplicity of development, matching and processing inherently present on the Near Blockchain.

10. Covalent (CQT)

The Covalent (CQT) is a data project focused on providing a multi-chain REST API. The main mission of Covalent is to enable easier and faster development through a decentralized network. Through Covalent, users can easily access the blockchain while continuing to enjoy the transparency of the Covalent network.

The CQT token, Covalent's native token, functions as an access token for the network. CQT is also used to maintain platform security and serves as access to network management on Covalent's platform.