DeFi Dashboard Zapper to Shut Down After 7 Years
The post DeFi Dashboard Zapper to Shut Down After 7 Years appeared on BitcoinEthereumNews.com. Decentralized finance (DeFi) analytics platform Zapper announced it will shut down next month, becoming the latest crypto platform to fold amid a market downturn. In a post to X on Wednesday, Zapper CEO Seb Audet said Zapper’s website, mobile app and API services would shut down on Aug. 3, marking the end of a seven-year run after receiving backing from the likes of billionaire investor Mark Cuban in 2021. “We evaluated a number of different options, pursued some to the fullest extent possible, and came to the realization that an orderly wind down is the best course of action,” Audet said. While Zapper didn’t share the reasons behind its decision to shut down, Audet hinted in a response that the shutdown was due to falling demand, stating: “At the end of the day, the market decides.” Cointelegraph reached out for comment but didn’t receive an immediate response. Source: Zapper Zapper adds to