On July 9th, according to The Block, $DeFi dashboard and portfolio tracker Zapper will shut down completely on August 3rd, including its main website, mobile app, and API. CEO Seb Audet posted on X stating that after evaluating multiple options and exploring to the best of their ability, the team realized an orderly shutdown was the best choice.
Founded in 2019, Zapper started as a $DeFi portfolio tracker. At its peak, it had 2 million monthly active users, processed over $13 billion in transaction volume, and completed a $15 million Series A funding round led by Framework Ventures in May 2021. Zapper previously launched its Zap feature to simplify the deployment of complex $DeFi strategies, and later added DEX aggregation, NFT support, and Web3 social tools like a Farcaster client.[PANews]