Zapper Shuts Down Amid Wider Crypto Sector Closures

DeFi portfolio tracking platform Zapper will shut down on August 3, 2026, after nearly seven years in operation. In a statement, CEO Seb Audet attributed the decision to weak demand, saying 'At the end of the day, the market decides.'

Zapper's growth was rapid - it had 2 million monthly active users and processed over $13 billion in transactions at its peak. The platform, which connected crypto wallets to track DeFi positions and manage yield farms, raised $15 million in a Series A funding round in May 2021.

This shutdown is part of a wider wave of closures in the crypto sector. TapTools, a Cardano analytics platform, shut down in June, followed by Botanix, a Bitcoin DeFi platform. Other platforms like Nifty Gateway and Rodeo have also ceased operations.