DappRadar Shuts Down later than Seven Years, Citing Unsustainable Costs
What Led to the Sudden Shutdown of DappRadar?
DappRadar, one of the most widely used analytics platforms in the decentralized application ecosystem, is shutting down later than seven years. The company announced Monday on X that it will cease tracking blockchains and DApps “in the coming days” as part of a full wind-down.
Founders Skirmantas Januškas and Dragos Dunica said that operating the platform had become financially unsustainable. Despite being a core dashboard for developers, investors, and institutions, the founders noted that the platform’s scale and cost structure no longer matched market conditions.
The announcement immediately hit its token. DappRadar’s native RADAR token fell around 30%, trading near 0.00072 dollars at the time of writing. The team said it would communicate separately about how the shutdown affects the RADAR token and the DappRadar DAO.
Cointelegraph contacted DappRadar for comment but has not yet received a response.
Investor Takeaway
Why Does This Closure Matter for the DeFi and DApp Ecosystem?
Since launching in 2018, DappRadar became a central hub for tracking decentralized applications, on-chain metrics, new exploits, and emerging trends across multiple ecosystems. Its reports were widely cited by researchers, VCs, projects, and media outlets. The platform assisted contextualize major cybersecurity incidents, including:
- A whale exploiting Hyperliquid in March 2025.
- The 100 million dollar exploit on Balancer.
- Drops and surges in total value locked (TVL) across chains.
In its most recent Q2 2025 report, the team highlighted rising exploit-related losses even as DeFi TVL climbed to new highs. “Growth without robust security can set the space back,” the report warned — a reflection of the sector’s persistent challenges.
DappRadar’s shutdown raises concerns about transparency. Accurate DApp metrics are already fragmented across multiple tools; losing a major aggregator could widen information gaps and reduce the availability of neutral analytics.
How Does This Fit Into the Wave of Crypto Closures in 2025?
The analytics platform joins a growing list of crypto companies shutting down or restructuring in 2025. Market conditions — tighter funding, reduced user activity, and lower transaction-driven revenue — have pressured both infrastructure providers and consumer-facing platforms.
Notable closures this year include:
- Cryptocurrency platform eXch.
- NFT marketplace X2Y2.
- Decentralized platform Mango Markets.
Together, these shutdowns highlight a common theme: crypto’s infrastructure is maturing quicker than its monetization models. Platforms that once relied on peak activity levels from 2021–2022 now face thinner margins as the industry recalibrates.
DappRadar’s exit is particularly impactful because analytics firms play a critical role in:
- Establishing industry benchmarks.
Without neutral dashboards, it becomes harder to compare networks, track active wallets, or assess DApp traction. - Monitoring exploits and bridging failures.
Analytics platforms assist detect suspicious wallet movements and ahead signs of protocol vulnerabilities. - Providing trusted data for investors.
Institutional desks, DeFi protocols, and platforms rely on analytics for forecasting and security assessments.
Losing a major player increases fragmentation and forces users to rely on smaller, more specialized tools — many of which lack the identical breadth, independence, or scale.
Investor Takeaway
What Happens Next for DappRadar’s Token and Its DAO?
The founders said they would issue a separate announcement addressing the future of the RADAR token and the associated DAO. Key questions remain:
- How will token holders be treated?
- Will RADAR retain any utility or treasury assets?
- Will the DAO transition to a new mandate or dissolve?
- Is a potential acquisition or merger still possible?
Token projects rarely shut down cleanly, and uncertainty around RADAR’s future may create more volatility until the team provides direction.
