{"id":635798,"date":"2026-07-28T13:52:51","date_gmt":"2026-07-28T13:52:51","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/28\/the-real-reason-defi-projects-that-survived-2022-crash-are-shutting-down-now\/"},"modified":"2026-07-28T13:52:51","modified_gmt":"2026-07-28T13:52:51","slug":"the-real-reason-defi-projects-that-survived-2022-crash-are-shutting-down-now","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/28\/the-real-reason-defi-projects-that-survived-2022-crash-are-shutting-down-now\/","title":{"rendered":"The real reason DeFi projects that survived 2022 crash are shutting down now"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/bear.jpg\" alt=\"The real reason DeFi projects that survived 2022 crash are shutting down now\" class=\"type:primaryImage\" \/><\/p>\n<p>DeFi projects that survived the fallout from the Terra and FTX collapses in 2022 are dying out in 2026. But analysts say it\u2019s not a case of industry consolidation \u2014 but the opposite. <\/p>\n<p>When DeFi dashboard Zapper announced this month that it would shut down after nearly seven years, it joined a growing list of decentralized finance projects that have folded in 2026. <\/p>\n<p>Bitcoin DeFi platform Botanix, <a href=\"https:\/\/cointelegraph.com\/news\/step-finance-solanafloor-remora-markets-wind-down-operations\">Solana portfolio tracker Step Finance<\/a>, DeFi <a href=\"https:\/\/cointelegraph.com\/news\/parsec-defi-nft-analytics-platform-closes-market-volatility\">analytics platform Parsec<\/a> and <a href=\"https:\/\/cointelegraph.com\/news\/odos-protocol-shut-down-4-years\">DEX aggregator Odos Protocol<\/a> also wound down or are winding down this year after multiple market cycles.<\/p>\n<p>The carnage isn\u2019t limited to DeFi \u2014 RootData has <a href=\"https:\/\/www.rootdata.com\/archives\/detail\/2026%20Crypto%20Dead%20Projects%20List?k=NDU0NzYz\" rel=\"noopener noreferrer\" target=\"_blank\">tracked<\/a> 101 \u201cdead\u201d crypto projects in total this year as of July 26  \u2014 but it accounts for more than half the cadavers.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/magazine\/the-2022-bear-market-didnt-kill-these-defi-projects-what-changed\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>DeFi projects that survived the fallout from the Terra and FTX collapses in 2022 are dying out in 2026. But analysts say it\u2019s not a case of industry consolidation \u2014 but the opposite. When DeFi dashboard Zapper announced this month that it would shut down after nearly seven years, it joined a growing list of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":635799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-635798","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/635798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=635798"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/635798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/635799"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=635798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=635798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=635798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}