Zapper to shut down after nearly seven years

Zapper, a decentralized finance dashboard and portfolio tracker, will wind down operations after nearly seven years. CEO and co‑founder Seb Audet announced the project's website, mobile applications and API will be fully sunset on Aug. 3.

In a post on X, Audet wrote that the team evaluated several options and decided an orderly wind down was the best path forward. “After close to 7 years building Zapper, I regret to announce that Zapper will be winding down,” he wrote. He added that the team “pursued some [options] to the fullest extent possible, and came to the realization that an orderly wind down is the best course of action.”

Zapper launched in 2019 to let users monitor positions across liquidity pools and yield farms and to track claimable rewards. The product later added a Zap feature to bundle multi‑step DeFi operations into single transactions, DEX aggregation, NFT support and social tools including a Farcaster client. At peak usage the project reported roughly 2 million monthly active users and said it had processed more than $13 billion in transactions.

The startup raised early funding after winning a DeFi hackathon in late 2019, securing a $1.5 million seed round in early 2020. It later raised $15 million in a Series A round in May 2021 led by Framework Ventures, with participants such as Mark Cuban and Sound Ventures. In his post Audet thanked users, investors, advisors, employees and community members: “To everyone that uses and has ever used Zapper in the past, thank you. To all our investors, advisors, employees and community members, thank you.”

The announcement does not include a detailed timeline for winding down internal operations beyond the Aug. 3 service sunset. It does not specify plans for remaining assets, staff transitions or any open‑source code releases. The project advised users with funds or integrations tied to Zapper’s services to migrate to alternative dashboards or interact directly with protocols before the shutdown date.

The closure follows a series of recent shutdowns across the crypto sector, with some projects citing weak market conditions and limited traction. Examples of other projects that have ended operations in recent years include NFT marketplace Nifty Gateway, a Bitcoin Layer 2 project called Botanix and the Cosmos wallet Leap.