Zapper, a $DeFi portfolio tracker, announced that its CEO Seb Audet has decided to shut down operations entirely after nearly seven years of operation. All services—including its official website, mobile applications, and API—will be officially discontinued on August 3.
Founded in 2019, Zapper was once a mainstream portfolio tracking tool in the $DeFi space, offering features such as liquidity pool monitoring, yield farm tracking, DEX aggregation, and NFT support. At its peak, the project boasted 2 million monthly active users and processed over $1.3 billion in transaction volume.Zapper previously raised a $15 million Series A round led by Framework Ventures, with participation from investors including Mark Cuban. Seb Audet stated that, after evaluating multiple options, the company determined an orderly shutdown is currently the best course of action.[Odaily]