RootData tally puts 2026 crypto project shutdowns at 368, up by 244 since Aug. 14

RootData tally puts 2026 crypto project shutdowns at 368, up by 244 since Aug. 14

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News Editor
2026-11-02 10:03:56
ChainCatcher, citing a compilation titled the "2026 Crypto Industry Dead Project List," reported that the number of crypto projects classified as dead this year has reached 368, an increase of 244 from the figure disclosed on Aug. 14. Of the total, 85 projects publicly announced that they had ceased operations, accounting for 23.1%, while the remaining 283, or 76.9%, were identified by RootData through operating-status monitoring and follow-up review. The list includes on-chain projects such as Blast, Abstract, Balancer, Goldfinch, Zapper, Proof of Play, and Linera, as well as trading platforms including CoinEx and BitMEX. It also shows that 37 of the listed projects had raised more than $10 million, and 94 had raised more than $1 million. By sector tag, DeFi had the largest share with 110 projects, followed by infrastructure with 64, including 13 Layer1 and 13 Layer2 projects. AI-tagged projects totaled 27.

ChainCatcher reported, citing a compilation titled the "2026 Crypto Industry Dead Project List," that the number of crypto projects classified as dead this year has reached 368, up by 244 from the figure previously disclosed on Aug. 14.

Among them, 85 projects publicly announced that they had stopped operating, accounting for 23.1% of the total. The other 283 projects, or 76.9%, were identified by RootData through operating-status monitoring and review.

List spans on-chain projects and trading platforms

The list includes on-chain projects such as Blast, Abstract, Balancer, Goldfinch, Zapper, Proof of Play, and Linera. It also includes trading platforms such as CoinEx and BitMEX.

In funding terms, 37 projects on the list had raised more than $10 million, while 94 had raised more than $1 million.

DeFi accounts for the largest share

By sector tag, DeFi projects made up the largest group, with 110 projects, or 29.9%. Infrastructure projects totaled 64, or 17.4%, including 13 Layer1 projects and 13 Layer2 projects. Projects carrying an AI tag totaled 27.

The list covers multiple segments, including trading and lending, underlying networks, gaming, and AI.

How RootData classifies projects

According to the report, RootData regularly checks the operating status of more than 21,000 projects in its database. In addition to judgments based on announcements and news reports, it also conducts manual review of projects whose official websites and social media accounts have not been updated for more than six months. More details are available in the article "Statistical Logic and Reflections on RootData's Dead Project List."

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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