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API docs81 Crypto Projects Shut Down in 2026
The bear market keeps claiming victims. Since January, 81 crypto projects have announced they’re shutting down, including some of the industry’s biggest names:
• Exchanges: BitMEX, BitMart, CoinEx, AscendEX, Bit.com
Chains & L2s: Blast, Abstract, Polygon zkEVM, Loopring, Sophon
• DeFi: Balancer, Radiant, ZeroLend, Angle, Seamless
• NFTs & wallets: Blur, Foundation, Magic Eden Wallet, Leap Wallet
The reasons are mostly the same: trading volumes collapsed, airdrop farmers left, and some protocols never recovered from hacks, as with Balancer and Radiant.
April was the worst month with 16 shutdowns, and the pace hasn’t slowed since: Blur, Abstract and Blast all announced closures in October alone.
Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points
The bear market keeps claiming victims. Since January, 81 crypto projects have announced they’re shutting down, including some of the industry’s biggest names:
• Exchanges: BitMEX, BitMart, CoinEx, AscendEX, Bit.com
Chains & L2s: Blast, Abstract, Polygon zkEVM, Loopring, Sophon
• DeFi: Balancer, Radiant, ZeroLend, Angle, Seamless
• NFTs & wallets: Blur, Foundation, Magic Eden Wallet, Leap Wallet
The reasons are mostly the same: trading volumes collapsed, airdrop farmers left, and some protocols never recovered from hacks, as with Balancer and Radiant.
April was the worst month with 16 shutdowns, and the pace hasn’t slowed since: Blur, Abstract and Blast all announced closures in October alone.
Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points
