Parsec2026-07-23 08:25:15Parsec Shuts Down After Five Years, Citing Cooling DeFi and NFT DemandOn-chain analytics platform Parsec has ceased operations after five years, founder Will Sheehan announced, citing shifting market conditions and the failure of DeFi leverage and NFT activity to return to prior levels.1770
Parsec2026-07-22 13:15:13Parsec Shuts Down After Five Years: DeFi Analytics Platform Latest Casuality of Crypto VolatilityDeFi analytics platform Parsec has shut down after five years. Its CEO cites shifting market dynamics and persistently low DeFi leverage following the FTX collapse as key reasons, with sporadic engagement spikes unable to sustain long-term growth.1340
Parsec2026-07-08 15:56:14DeFi Analytics Platform Parsec Shuts Down After Five Years as Post-FTX Market Shift Undermines Core ModelParsec is shutting down after five years, with CEO Will Sheehan saying the post-FTX collapse in DeFi spot lending leverage made its core analytics business unsustainable. The firm will issue pro rata subscription refunds.1890
