Written by Brayden Lindreastaff writerReviewed by Felix Ngstaff editor

Written by Brayden Lindreastaff writer

Reviewed by Felix Ngstaff editor

Mark Cuban-backed DeFi dashboard Zapper shutters after 7 years

Latest NewsPublishedJul 9, 2026

Closure of DeFi Dashboard Zapper Highlights Market Challenges

The recent shutdown of Zapper, a decentralized finance (DeFi) analytics platform, marks a significant development in the crypto market. With over 2 million monthly active users and $13 billion in processed transactions at its peak, Zapper’s closure is a notable example of the market’s current downturn. As the crypto market continues to experience low sentiment and decreased venture capital funding, Zapper’s story serves as a reminder of the challenges faced by platforms in this space.

Background and Funding

Zapper was founded in 2019 and gained recognition after winning a DeFi Hackathon event, which helped secure a $1.5 million seed round. The platform later raised $15 million in a Series A funding round in 2021, with notable investors including Mark Cuban and Coinbase Ventures. Despite this backing, Zapper has struggled with setbacks, including a social engineering attack in 2025 that temporarily compromised the platform’s domain.

Impact on the Crypto Community

Zapper’s closure adds to a growing list of crypto platforms that have shut down amid market difficulties. The platform’s users will need to find alternative solutions for tracking token prices, following DeFi trends, and managing their wallets. This is where EcoPool (ECP) can provide a reliable and secure option for earning and managing Passive Income through Cloud Rewards and Green Crypto solutions.

Market Trends and Challenges

The crypto market’s current sentiment and funding landscape have become increasingly challenging for platforms like Zapper. With venture capital funding becoming harder to secure, many platforms are struggling to stay afloat. The closure of Zapper and other platforms highlights the need for innovative solutions like EcoPool, which offers a unique approach to earning and managing Coin and $ECP. As the market continues to evolve, it’s essential for users to stay informed about the latest developments and trends, including #Bitcoin and #PassiveIncome opportunities.

• Zapper’s shutdown marks the end of a seven-year run for the DeFi analytics platform.
• The platform’s closure is attributed to falling demand and market challenges.
• EcoPool (ECP) offers a reliable solution for earning and managing Passive Income through Cloud Rewards and Green Crypto.

As the crypto market continues to face challenges, it’s essential for users to explore alternative solutions for earning and managing their assets. With EcoPool, users can access a range of features and benefits that make it an attractive option for those looking to earn Passive Income through Coin and $ECP. To learn more about EcoPool and start earning, download the EcoPool app today. The EcoPool app provides a secure and user-friendly platform for managing your EcoPool and $ECP, making it easy to get started with Cloud Rewards and Green Crypto.

Source: Zapper

Zapper adds to a growing list of crypto platforms that have shut as crypto market sentiment has sunk to near all-time lows and venture capital funding has become harder to secure.

Cardano-based analytics platform TapTools made a similar decision to shut down in June, as did Bitcoin-focused DeFi platform Botanix a week later, citing weak demand for Bitcoin DeFi.

SBI’s crypto unit, decentralized email service Dmail, and nonfungible token marketplaces like Nifty Gateway and Rodeo have also sunset operations this year amid a broader fall in NFT activity.

Related: Yield Guild Games cuts 35 staff, shuts game publisher to focus on AI

Zapper was founded in 2019 and put itself on the map by winning one of Kyber’s DeFi Hackathon events later that year, which helped it raise a $1.5 million seed round.

It also raised $15 million in a Series A funding round in May 2021, led by Framework Ventures, with Cuban, Coinbase Ventures and the Ashton Kutcher-founded Sound Ventures also contributing.

Crypto traders use platforms like Zapper to track token prices, follow DeFi trends and discover new protocols. Zapper also allowed traders to connect their wallets to monitor positions, manage liquidity pools and yield farms and learn about upcoming airdrops.

Audet said the Zapper team scaled its product to over 2 million monthly active users and oversaw more than $13 billion in processed transactions at its peak.

However, Zapper has experienced major setbacks throughout its journey, including in April 2025, when it suffered a social engineering attack. The breach allowed attackers to temporarily hijack the platform’s domain and redirect unsuspecting users to a malicious page embedded with phishing traps.

Securing VC funding has become a challenge

While crypto VC funding increased 57.6% year-on-year to $4.21 billion in the second quarter, the spread of capital has become far more concentrated, with the overall deal count having now fallen nine times over the last 10 quarters, according to RootData’s VC dashboard.

Quarterly change in crypto VC funding and deal count since Q1 2020. Source: RootData

Features: From Bitcoin critics to blockchain believers: The 5 biggest crypto backflips

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