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DappRadar Shuts Down After Seven Years, Citing Financial Strain

source-logo  coindoo.com 18 November 2025 02:30, UTC
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One of the most widely used data sources in the decentralized application sector is disappearing. DappRadar is shutting down, ending a seven-year run as a go-to analytics hub for blockchain activity.

Key Takeaways:
  • DappRadar is shutting down after seven years due to financial unsustainability.
  • The platform will stop tracking blockchains and DApps within days.
  • Details about the RADAR token and DAO will be announced separately.
  • RADAR price dropped about 30% following the shutdown announcement.

The decision was confirmed by the founders in a public update stating that the platform will gradually disable its tracking systems over the next few days. The team cited the high cost of operating large-scale analytics infrastructure in the current market climate as the main reason for shutting down.

After seven years, it's time to say goodbye. pic.twitter.com/QGfRRe6Gts

— DappRadar (@DappRadar) November 17, 2025

Token and DAO Status Still Unclear

Users are now waiting to learn what will happen to both the RADAR token and the DappRadar DAO. The founders said that separate instructions will be issued for token holders and governance participants, but no timeline or plan has been disclosed yet. Following the announcement, RADAR dropped roughly 30% to around $0.00072, according to Nansen.

A Major Player in DApp Reporting

DappRadar’s closure removes a platform that had become deeply embedded in the Web3 ecosystem. Since 2018, the service has been used by investors, researchers, projects and media outlets for live dashboards on DApp usage, blockchain performance and DeFi data.

The platform frequently surfaced high-profile incidents and trends — including reporting on the Hyperliquid exploit in March, covering the $100 million Balancer breach, and publishing quarterly industry updates on DeFi activity and total value locked.

A Changing Landscape for Crypto Services

DappRadar’s exit continues a pattern of crypto companies shutting down this year. 2025 has already seen the closure of several platforms across different categories, including the eXch trading platform, the X2Y2 NFT marketplace, and the Mango Markets decentralized exchange.

In each case, founders cited deteriorating business conditions and an inability to sustain operations at prior scale.

What Happens Next for DApp Analytics?

The shutdown leaves a gap in a sector that relies heavily on real-time metrics. With DappRadar stepping away, users will need to migrate to alternative data providers — though none have yet emerged as a direct replacement with comparable coverage across multiple blockchain networks.

The wind-down marks the end of one of the earliest dedicated analytics platforms built around decentralized applications — and raises questions about the economic sustainability of title="<h3 class="wpg-tooltip-title"><span class="wpg-tooltip-term-title">Cryptocurrency</span></h3><div class="wpg-tooltip-content"><p>Cryptocurrency is a modern digital asset and method of exchange that relies on blockchain technology and is protected by cryptography, ensuring the assets can't be forged. Essentially, cryptocurrencies serve as alternatives to traditional currencies like the euro, dollar, yen, and others. Unlike electronic bank money, the key distinction is that cryptocurrency operates in a decentralized system, with no central authority controlling it.</p></div>">cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

coindoo.com