The Real Reason DeFi Projects That Survived 2022 Crash Are Shutting Down Now
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4 Articles
Cointelegraph
BITRSSThe Real Reason DeFi Projects That Survived 2022 Crash Are Shutting Down Now
DeFi projects that survived crypto’s darkest days in 2022 are shutting down en masse in 2026. But the most commonly advanced explanation for the phenomenon isn’t supported by the data.
Crypto projects that had resisted the collapses of Terra and FTX now close their doors. Zapper, Botanix, Step Finance, Parsec and Odos held during the most violent years of the market. However, their disappearance in 2026 shows that surviving a crash is not enough. The danger now comes from a more fragmented, more demanding and less generous market. The article They had resisted the crypto crash of 2022, they abandoned in 2026 appeared first on …
Why Some DeFi Survivors of 2022 Are Now Shutting Down
Decentralized finance is shedding projects again. DeFi dashboard Zapper announced it will shut down after nearly seven years, adding to a wave of closures and wind-downs that have marked 2026 across multiple segments of the industry. Earlier this year, Bitcoin DeFi platform Botanix, Solana portfolio tracker Step Finance, DeFi analytics platform Parsec, and DEX aggregator Odos Protocol also moved toward shutdown or completion of operations. RootD…
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