Crypto Projects Shut Down in 2026
1. Dango - July 25, 2026
2. BitMEX - July 23, 2026 (full closure Sept 23)
3. Odos - July 23, 2026 (full shutdown July 30)
4. Movement Labs - July 22, 2026
5. SecondFi - July 22, 2026
6. Xenea - July 13, 2026
7. AscendEX - July 11, 2026 (operations ceased ~July 1)
8. Zapper - July 9, 2026
9. Ctrl Wallet - July 7, 2026 (full close Aug 3)
10. Loopring - July 3, 2026
11. Polygon zkEVM - July 1, 2026
12. Sophon - June 26, 2026
13. Ionic - June 18, 2026
14. Soundness - June 18, 2026
15. Swell - June 17, 2026
16. Powerloom - June 16, 2026
17. Satori - June 16, 2026
18. Ventuals - June 15, 2026
19. Fishing Frenzy - June 15, 2026
20. Pudgy Party - June 13, 2026
21. Botanix - June 10, 2026
22. Hyli - June 10, 2026
23. Radiant Capital - June 1, 2026
24. Zero Network - May 22, 2026
25. Everclear - May 21, 2026
26. Syndicate - May 21, 2026
27. Fantasy - May 20, 2026
28. Legend - May 13, 2026
29. Phi - May 4, 2026
30. Carrot - May 1, 2026
31. Genso Online - April 30, 2026
32. Luckio - April 24, 2026
33. Beets - April 17, 2026
34. Mint Blockchain - April 17, 2026
35. Pixel Heroes Adventure - April 17, 2026
36. XOCIETY - April 16, 2026
37. 77-Bit - April 16, 2026
38. Opulous - April 15, 2026
39. Foundation - April 15, 2026
40. Megaphone - April 12, 2026
41. Seamless Protocol - April 8, 2026
42. Intergaze - April 3, 2026
43. Dmail - April 2, 2026
44. Leap Wallet - April 2, 2026
45. Fey - April 1, 2026
46. Magic Eden Wallet - April 1, 2026
47. Yupp - March 31, 2026
48. MilkyWay - March 26, 2026
49. Tally - March 17, 2026
50. Blockfills - March 16, 2026
51. Genome Protocol - March 11, 2026
52. Datahaven - March 4, 2026
53. Angle Protocol - March 4, 2026
54. Step Finance - February 24, 2026
55. Remora Markets - February 24, 2026
56. Parsec - February 19, 2026
57. Polynomial - February 13, 2026
58. NGS - January 28, 2026
59. Entropy - January 24, 2026
60. Slingshot - January 21, 2026
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226.4K @wyckoffweb After seeing more than 60 crypto projects shut down this year, you begin to wonder where all the $30M, $50M and $100M funding went.
> AscendEX raised around $63M.
> Loopring raised around $45M through its ICO.
> ICON raised around $43M through its ICO.
> Syndicate Labs raised $27.8M.
> Entropy raised around $27M.
> Everclear raised around $26.7M.
> Ctrl Wallet raised $7.2M from investors, plus around $19.4M through its token sale.
Ten of the largest confirmed examples raised close to $310M combined when funding and token sales are counted.
Yet they still ended up shutting down or winding down.
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641 @frankk_onchain Crypto Projects That Announced Their Shutdown in July 2026
• BitMart (CEX) — Winding down operations after citing challenging market conditions and a strategic business review.
• BitMEX (Perps Pioneer) — Shutting down following a strategic review by HDR Global Trading.
• AscendEX (CEX) — Closed after regulatory pressure (MiCA), financial difficulties, and a failed strategic transaction.
• Dango (Perps DEX) — Shutting down after failing to find a sustainable commercial path.
• Odos (DEX Aggregator) — Moving to read-only mode before permanently shutting its services.
• Loopring (zk-Rollup DEX) — Sunsetting its relayer due to low adoption and an outdated architecture.
• Polygon zkEVM (Layer 2 Network) — Mainnet Beta sequencer sunset as part of Polygon's product strategy.
• Ctrl Wallet (Wallet) — Winding down following a security incident, with users advised to export recovery phrases.
• Zapper (DeFi Portfolio Tracker) — Closing after nearly seven years as the team concluded it was no longer sustainable.
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