Key terms
How an RFQ swap works
1
You request a quote
On swap.l2pass.com you choose the source token and network, the destination token and network, the amount and the receiving address. L2Pass asks all of its routing venues at once, and L2Pass RFQ is one of them.
2
Solvers compete
Solvers on NEAR Intents quote what they can deliver. The route card shows the expected output, the minimum received, the estimated time and the fees.
3
You set a refund address and pay
You set a refund address on the source chain, then send the quoted amount to the one-time deposit address by wallet, address or QR code.
4
The swap settles
The winning solver delivers the destination tokens to your receiving address. You can follow the status in Recent swaps: Awaiting deposit, Deposit confirmed, then Complete.
L2Pass RFQ compared with L2Pass Private
Both routes use the same NEAR Intents solver network and the same deposit-address flow.
A private swap is not anonymity: your wallet address is still shared with providers, and compliance screening still applies. See What is a private swap.
Why use an RFQ route
- One payment from anywhere. You can pay from any wallet or exchange, without connecting a wallet or signing a contract call on the source chain.
- Many networks. One route can connect chains that have no direct bridge between them, such as Tron, Bitcoin, Zcash, Solana and TON.
- Price shown up front. The amount you will receive already includes all fees and is shown before you pay.
Things to know
- Minimum amount. RFQ routes can have a minimum swap amount. If your amount is below it, the route is listed as unavailable with the minimum shown.
- Timing. RFQ swaps typically take from about 30 seconds to a few minutes, longer for networks with slow block confirmation such as Bitcoin or Zcash.
- No partial fills. A swap completes in full or does not execute.
- Refunds. If a swap cannot complete, your deposit is returned to the refund address; provider and network fees may be deducted. If a provider flags a swap as high risk under AML or sanctions rules, it decides whether to complete, refund or hold it, and a refund is not guaranteed.
- Sending from an exchange. Check that the amount that arrives matches the quote, since some exchanges deduct their withdrawal fee from it.
FAQ
Is L2Pass RFQ non-custodial?
Is L2Pass RFQ non-custodial?
Yes. L2Pass never holds your tokens or private keys. You send tokens to a deposit address for your quote, and the swap is filled by solvers on NEAR Intents.
What does L2Pass RFQ cost?
What does L2Pass RFQ cost?
The L2Pass fee is 0% on stablecoin swaps and up to 0.2% on other assets. NEAR Intents and the networks charge their own fees. The amount shown in the quote already includes all of them.
Do I need to connect a wallet?
Do I need to connect a wallet?
No. You can pay by sending tokens to the deposit address from any wallet or exchange, using the address or QR code. You can also pay from a connected wallet.
What happens if no solver fills my swap?
What happens if no solver fills my swap?
The swap does not execute, and your deposit is returned to the refund address, minus any provider or network fees.
Links
- Open L2Pass Swap
- L2Pass Swap fees explained
- How L2Pass compares routes
- USDT from Tron to Ethereum
- L2Pass Swap FAQ