Arax vs NEAR Protocol

Arax2.5/5

VS

NEAR Protocol4.1/5

Feature	AraxVisit	NEAR ProtocolVisit
Ratings
Our score	2.5/5	4.1/5
User rating	No reviews yet	No reviews yet
Performance	2.5	4.5
Fees	2.5	4.5
Ecosystem	3.0	3.5
Decentralization	2.0	4.0
Developer experience	2.5	4.0
Specs
Layer	Not disclosed	Layer 1
Consensus / design	Not disclosed	Proof of Stake
Native token	Not disclosed	NEAR
EVM compatible	Not disclosed	No
Smart contract languages	Not disclosed	Rust, JavaScript
Block time	Not disclosed	600ms
Finality	Not disclosed	1.2s
Mainnet since	Not disclosed	2,020
Throughput (TPS)	Not disclosed	1000000
Sequencer	Not disclosed	Not applicable
Data availability	Not disclosed	NEAR Protocol
Gas paid in	Not disclosed	NEAR
Company
Founded	—	2020
Headquarters	—	Switzerland
Investors	Not disclosed	Andreessen Horowitz, Accomplice, Metastable Capital, Arrington Capital +6
Strengths and weaknesses
Pros	Participated in the NATO DIANA defense innovation accelerator program Offers no-code smart contract generation for real-world asset tokenization Integrates DePIN mesh delivery networks for reduced enterprise bandwidth costs Supports regulated RWA trading on partner exchanges including Ping Exchange	Fast 1.2-second transaction finality with 600ms block times Cross-chain swap execution across 35+ separate blockchain networks Sub-cent execution fees on NEAR Intents transactions Annual token issuance reduced from 5% to 2.5% in October 2025
Cons	Integrates with Core Blockchain architecture Past filing delays at the parent company Ecosystem tools integrate with frameworks such as CorePass for digital identity functions	Not natively EVM-compatible at the primary Layer-1 execution level Cross-chain intents face reorg exposure on connected networks, including a $600K incident in April 2026 Historical exploits in third-party ecosystem contracts, including $3M lost on Skyward Finance in 2022
Best for	Enterprises tokenizing real-world commodities, Organizations tracking auditable ESG data, Corporate teams adopting DePIN infrastructure	Developers writing smart contracts in Rust, Users swapping across chains without manual bridges, Teams deploying autonomous AI agent systems

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