Closed Projects Reach 70: Multi-Track Coverage
According to the latest data from Web3 asset data platform RootData, the list of closed crypto projects in 2026 has reached 70 and is still expanding. The newly included projects span multiple key sectors, reflecting the breadth of the ongoing industry shakeout.
Notable additions to the shutdown list include: Layer2 protocol Loopring, lending blockchain UX, cross-chain settlement layer Everclear, decentralized credit protocol Goldfinch, Bitcoin-based Layer2 Botanix, peer-to-peer NFT lending protocol NFTfi, and DeFiLlama's news media arm DL News. These projects had previously secured significant user bases and funding rounds, yet ultimately succumbed to market pressures.
RootData's list is still being updated, with new entries being added at an unabated pace. Although the crypto market experienced a rebound between 2024 and 2025, the financing environment continues to favor top-tier projects, leaving many mid- to small-sized protocols facing capital depletion, user churn, and regulatory compliance challenges, perpetuating the wave of shutdowns.