Zapper will cease operations on August 3, taking its website, mobile apps, and API offline. The project's co-founder and CEO, Seb Audet, announced the decision. According to him, the team explored several options for the project's future before deciding on an orderly shutdown.
Audet said the team worked through multiple scenarios that could have kept the service running. In the end, the developers concluded that winding down the platform entirely was the best course of action.
Zapper launched nearly seven years ago as a crypto portfolio tracker built to work with early DeFi protocols. Over time, it grew into one of the best-known platforms for monitoring on-chain assets and managing digital assets.
Audet also noted that, by the time the shutdown was announced, Zapper was serving more than 2 million monthly active users. At its peak, the platform facilitated more than $13 B in transactions.
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