DeFi dashboard Zapper announced it will shut down on August 3rd

Comparatively, Seb Audet, CEO of DeFi portfolio tracker Zapper, announced on social platforms on Wednesday that after nearly 7 years of operation, the company decided to completely shut down. All features, including the official website, mobile apps, and API services, will be officially launched on August 3.

Established in 2019, Zapper was a mainstream portfolio tracking tool in the DeFi sector. Features include liquidity pool monitoring, yield farm tracking, DEX aggregation, and NFT support. At its peak, the project had 2 million monthly active users and processed over $13 billion in transactions. Zapper previously received $15 million in Series A funding led by Framework Ventures, with investors including Mark Cuban and other well-known investors. Audet said that after evaluating various options, the company believes an orderly shutdown is currently the best option.