Zapper provided crypto market data to over 2 million monthly active users and oversaw more than $13 billion in processed transactions during its peak.
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.
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