118 crypto projects died in 2026.
Every crypto shutdown of the year: why it closed, when, how much it raised, who backed it, and which ones still have withdrawals open.
Deadlines still open. Get your funds out before the final day.
BlastLayer 2Oct 26final day
BalancerDEXOct 30final day
MyNearWalletWalletOct 31final day
Lisk ChainLayer 2Oct 31final day
HeyWalletWalletNov 1final day
BlurNFTsNov 12final day
Echo ProtocolLendingNov 19final day
AbstractLayer 2Dec 15final day
CoinExExchangeDec 22final day
Neon EVMInfrastructureDec 31final day
StandXPerp DEXJan 31, 2027final day
BitMartExchangeJan 31, 2027final day
Angle ProtocolStablecoinMar 1, 2027final day
Family WalletWalletApr 1, 2027final dayAll 118 projects · $998M raised
| Project | Status | Cause | Backed by | |||
|---|---|---|---|---|---|---|
| Echo ProtocolLending | Winding down | Exploited | Oct 19 | Nov 19 | Undisclosed | Spartan Group, ABCDE Capital +1 |
| StandXPerp DEX | Winding down | Users left | Oct 15 | Jan 31, 2027 | None | — |
| BlurNFTs | Winding down | Pivoted away | Oct 12 | Nov 12 | $11M | Paradigm, eGirl Capital |
| AbstractLayer 2 | Winding down | Ran out of money | Oct 6 | Dec 15 | $11M | Founders Fund |
 ArtizenNFTs | Winding down | Ran out of money | Oct 6 | No date | $2.2M | — |
| MyNearWalletWallet | Winding down | Pivoted away | Oct 6 | Oct 31 | None | — |
| BlastLayer 2 | Winding down | Ran out of money | Oct 2 | Oct 26 | $20M | Paradigm, Standard Crypto |
| Neon EVMInfrastructure | Winding down | Users left | Oct 1 | Dec 31 | $45M | Jump Capital |
| CoinExExchange | Winding down | Shut by its owner | Sep 15 | Dec 22 | Parent co. | CoinEx |
 CoinEx Smart ChainLayer 1 | Winding down | Shut by its owner | Sep 15 | No date | Parent co. | CoinEx |
 OneSwapDEX | Closed | Shut by its owner | Sep 15 | — | Parent co. | CoinEx |
| BalancerDEX | Winding down | Exploited | Sep 14 | Oct 30 | $39.25M | — |
| HeyWalletWallet | Winding down | Users left | Sep 12 | Nov 1 | None | — |
 Cascade (ex-Perennial)Brokerage | Closed | Exploited | Sep 12 | Sep 12 | $15M | Polychain, Variant +1 |
 Router ProtocolCross-chain | Closed | Ran out of money | Sep 5 | Sep 30 | $4.58M | Coinbase Ventures |
 Full SailDEX | Closed | Exploited | Sep 1 | — | None | — |
| Lisk ChainLayer 2 | Winding down | Users left | Aug 25 | Oct 31 | $6M | — |
 Shipyard (IPFS)Infrastructure | Closed | Ran out of money | Aug 24 | Sep 30 | Parent co. | Protocol Labs |
 Solana IDIdentity | Closed | Users left | Aug 19 | Sep 30 | $250K | Blockchain Founders Group |
 PaystreamDeFi | Winding down | Ran out of money | Aug 15 | No date | $750K | — |
 TrepaPrediction market | Closed | Users left | Aug 10 | Sep 30 | $670K | Colosseum |
 FireplacePrediction market | Closed | Users left | Aug 10 | Sep 30 | $1.5M | — |
 Step AppGaming | Closed | Users left | Aug 5 | Aug 21 | $3.43M | — |
 Proof of PlayGaming | Winding down | Ran out of money | Aug 4 | No date | $33M | a16z crypto |
 POAPNFTs | Winding down | Users left | Aug 3 | No date | $10M | — |
| BitMartExchange | Winding down | Shut by its owner | Jul 26 | Jan 31, 2027 | $10M | — |
 DangoPerp DEX | Closed | Ran out of money | Jul 25 | Aug 13 | $3.6M | Hack VC, Lemniscap |
 BitMEXExchange | Closed | Shut by its owner | Jul 23 | Sep 23 | Parent co. | HDR Global |
 OdosDEX aggregator | Closed | Undisclosed | Jul 23 | Jul 30 | Undisclosed | Uniswap Labs Ventures, CE Innovation Capital |
 Movement LabsLayer 1 | Closed | Bankruptcy | Jul 22 | — | $41.4M | Polychain Capital |
SecondFiWallet | Closed | Undisclosed | Jul 22 | — | None | — |
 Summer.fiDeFi | Closed | Exploited | Jul 20 | Jul 20 | $11M | — |
 Xenea WalletWallet | Closed | Undisclosed | Jul 13 | Jul 9 | None | — |
 ZapperPortfolio tracker | Closed | Ran out of money | Jul 9 | Aug 3 | $16.5M | — |
 Ctrl WalletWallet | Closed | Users left | Jul 7 | Aug 3 | $32M | Mechanism Capital |
 MoonbeamLayer 1 | Pivoted | Pivoted away | Jul 3 | Jul 31 | $32.4M | CoinFund, Binance Labs |
 AscendEXExchange | Closed | Bankruptcy | Jul 1 | Jul 11 | $50M | Polychain Capital, Hack VC |
 LoopringLayer 2 | Closed | Users left | Jun 28 | Jul 3 | $45M | — |
 SophonLayer 2 | Pivoted | Pivoted away | Jun 25 | Jun 26 | $84.01M | YZi Labs (prev Binance Labs), HTX Ventures (previously Huobi Ventures) +1 |
 Ionic ProtocolLending | Closed | Exploited | Jun 18 | Jun 18 | None | — |
 Soundness LabsInfrastructure | Closed | Ran out of money | Jun 18 | — | None | — |
 PowerloomInfrastructure | Closed | Ran out of money | Jun 16 | Jul 21 | $3.1M | Protocol Labs, Blockchain Capital +1 |
 Satori FinancePerp DEX | Closed | Ran out of money | Jun 16 | Jul 16 | $10M | Polychain Capital, Coinbase Ventures +1 |
 VentualsPerp DEX | Closed | Pivoted away | Jun 15 | Jun 18 | Undisclosed | Paradigm |
 Fishing FrenzyGaming | Closed | Users left | Jun 15 | Jun 25 | $1.7M | — |
 OpenRank (Karma3 Labs)Infrastructure | Closed | Ran out of money | Jun 15 | — | $4.5M | Galaxy, IDEO CoLab |
 Pudgy PartyGaming | Pivoted | Pivoted away | Jun 13 | — | Parent co. | Igloo (Pudgy Penguins) |
 BotanixBitcoin L2 | Closed | Users left | Jun 10 | Jul 9 | $11.5M | Polychain Capital |
 HyliLayer 1 | Closed | Ran out of money | Jun 10 | — | $3.4M | Framework Ventures |
 Radiant CapitalLending | Winding down | Exploited | Jun 1 | No date | $12.34M | Binance Labs |
 RovaSocial | Closed | Undisclosed | Jun 1 | — | None | — |
 DogechainLayer 2 | Closed | Users left | Jun 1 | Aug 8 | None | — |
Zero NetworkLayer 2 | Closed | Pivoted away | May 22 | Jul 31 | $22.5M | Wintermute Ventures |
 EverclearCross-chain | Closed | Ran out of money | May 21 | May 21 | $28.8M | Polychain Capital |
 SyndicateInfrastructure | Closed | Ran out of money | May 21 | — | $27.8M | a16z |
 Fantasy TopGaming | Closed | Users left | May 20 | Jun 25 | $4.25M | Dragonfly, Manifold Ventures |
 Ranger FinancePerp DEX | Closed | Ran out of money | May 14 | — | $1.9M | MetaDAO ICO |
 LegendDeFi | Closed | Ran out of money | May 13 | Jul 12 | $15M | a16z, Coinbase Ventures |
 Code4renaSecurity | Closed | Ran out of money | May 13 | — | $6M | Paradigm |
 Stream FinanceDeFi | Winding down | Exploited | May 11 | No date | $1.5M | Polychain Capital |
 DL NewsMedia | Closed | Ran out of money | May 7 | May 31 | Parent co. | DefiLlama |
 PhiSocial | Closed | Users left | May 4 | May 25 | $2M | Neoclassic Capital |
 CarrotDeFi | Winding down | Exploited | May 1 | No date | $600K | DRiP |
 CharmVerseDAO tooling | Closed | Undisclosed | Apr 30 | Apr 30 | $3.8M | The Spartan Group, Alliance +1 |
 SwellchainLayer 2 | Pivoted | Pivoted away | Apr 28 | Jun 17 | $3.75M | Framework Ventures, IOSG |
 Over ProtocolLayer 1 | Closed | Users left | Apr 28 | — | $8M | — |
 LuckioGaming | Closed | Users left | Apr 24 | — | None | — |
 BeetsDEX | Closed | Undisclosed | Apr 17 | — | None | — |
 Mint BlockchainLayer 2 | Closed | Users left | Apr 17 | Apr 17 | $5M | — |
Pixel Heroes AdventureGaming | Closed | Ran out of money | Apr 17 | — | None | — |
 XOCIETYGaming | Closed | Ran out of money | Apr 16 | — | $7.5M | Hashed, Sui Foundation |
 77-BitGaming | Closed | Ran out of money | Apr 16 | — | None | — |
 OpulousDeFi | Closed | Exploited | Apr 15 | Apr 30 | $6.45M | Algorand, R3 +1 |
 FoundationNFTs | Closed | Ran out of money | Apr 15 | Apr 27 | $10M | a16z, Variant |
 MegaphoneSocial | Closed | Undisclosed | Apr 12 | — | $4.6M | — |
 Seamless ProtocolLending | Closed | Users left | Apr 8 | Jul 1 | None | — |
 IntergazeNFTs | Closed | Pivoted away | Apr 3 | — | Parent co. | Initia ecosystem |
 Leap WalletWallet | Closed | Users left | Apr 2 | May 28 | $3.2M | Pantera, CoinFund +1 |
 DmailSocial | Closed | Users left | Apr 2 | — | Undisclosed | Draper Dragon, KuCoin Labs +1 |
 Magic Eden WalletWallet | Pivoted | Pivoted away | Apr 1 | May 1 | Parent co. | Magic Eden |
FeyTrading | Closed | Undisclosed | Apr 1 | — | None | — |
 UX ChainLending | Winding down | Users left | Apr 1 | No date | $41.3M | Polychain Capital |
PixilandGaming | Closed | Undisclosed | Apr 1 | — | None | — |
 YuppAI | Closed | Ran out of money | Mar 31 | Apr 15 | $33M | a16z crypto |
 MilkyWayLiquid staking | Pivoted | Pivoted away | Mar 26 | — | $6.3M | Polychain Capital, Binance Labs |
 TallyDAO tooling | Closed | Ran out of money | Mar 17 | — | $15.66M | Blockchain Capital |
 BlockfillsLending | Closed | Bankruptcy | Mar 16 | — | $37M | Susquehanna, CME Ventures |
 CreedSecurity | Closed | Undisclosed | Mar 12 | — | None | — |
 Genome ProtocolSocialFi | Closed | Users left | Mar 11 | — | $600K | — |
 CatalogNFTs | Closed | Users left | Mar 9 | Mar 9 | $2.2M | 1confirmation |
 DataHavenInfrastructure | Closed | Ran out of money | Mar 4 | Mar 4 | None | — |
| Angle ProtocolStablecoin | Winding down | Users left | Mar 4 | Mar 1, 2027 | $5.56M | a16z |
 Bit.comExchange | Closed | Shut by its owner | Mar 1 | — | Parent co. | Matrixport |
 Genso OnlineGaming | Closed | Ran out of money | Feb 26 | Apr 30 | None | — |
 ColonyLaunchpad | Closed | Ran out of money | Feb 26 | — | $21.38M | HashKey Capital, Spark Digital Capital +1 |
 Step FinancePortfolio tracker | Closed | Exploited | Feb 24 | — | $2.2M | Alameda Research |
| Closed | Exploited | Feb 24 | Feb 23 | Parent co. | Step Finance | |
 ParsecAnalytics | Closed | Ran out of money | Feb 19 | — | $5.25M | Polychain Capital |
 GOAT GamingGaming | Closed | Users left | Feb 16 | Mar 2 | $4M | TON Ventures |
 ZeroLendLending | Winding down | Ran out of money | Feb 16 | No date | $3M | Momentum 6, Blockchain Founders Fund |
 PolynomialPerp DEX | Pivoted | Pivoted away | Feb 13 | — | $1.1M | — |
NGSGaming | Closed | Undisclosed | Jan 28 | — | None | — |
 EntropyCustody | Closed | Ran out of money | Jan 24 | — | $26.95M | a16z |
 Nifty GatewayNFTs | Closed | Users left | Jan 23 | Apr 23 | Parent co. | Gemini |
 SlingshotWallet | Pivoted | Pivoted away | Jan 21 | Feb 28 | $20.59M | Ribbit Capital |
 BloktopiaGaming | Pivoted | Users left | Jan 5 | — | $4.89M | Magnus Capital, ZBS Capital +1 |
 Polygon zkEVMLayer 2 | Closed | Ran out of money | Jun 1, 2025 | Jul 1 | Parent co. | Polygon Labs |
| Family WalletWallet | Winding down | Pivoted away | — | Apr 1, 2027 | None | — |
 NFTfiNFTs | Closed | Users left | — | Aug 31 | $11.89M | 1kx, CoinFund +1 |
 OxiumDEX | Closed | Users left | — | Aug 1 | None | — |
 Pingu ExchangePerp DEX | Closed | Users left | — | Jul 31 | None | — |
 Corn NetworkLayer 2 | Pivoted | Pivoted away | — | Jun 30 | $16.5M | Polychain Capital, YZi Labs (Binance Labs) +1 |
 0xPPLSocial | Closed | Users left | — | Jun 30 | Undisclosed | Peak XV, AllianceDAO +1 |
 RodeoNFTs | Closed | Pivoted away | — | Mar 10 | Undisclosed | 1kx |
 WebN GroupIncubator | Closed | Ran out of money | — | Feb 25 | None | — |
 BuckStablecoin | Closed | Ran out of money | — | — | None | — |
 CoinflareExchange | Winding down | Ran out of money | — | No date | None | — |
 Voodoo TradePerp DEX | Closed | Users left | — | — | None | — |
CERTIFICATE OF DEATH
Registry of crypto projects, year 2026
“Penguin money kept it alive for 18 months.”
