99 Projects Closed in the Crypto Sector by 2026
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According to the 2026 List of Dead Projects in the Crypto Sector, 99 projects have ceased operations in the cryptocurrency market since the beginning of the year. The list includes initiatives that have officially closed, filed for bankruptcy, or have had their websites inaccessible for an extended period. Among the closed projects are wallet services like Family, Ctrl, and Leap, as well as centralized exchanges such as BitMart, BitMEX, and AscendEX. Additionally, infrastructure and decentralized finance projects like Zapper, Stream Finance, Parsec, Loopring, and Goldfinch are also included in the list. These closures indicate that the consolidation and contraction in the sector are no longer confined to specific sub-sectors. Thousands of protocols and initiatives have been launched in the crypto market over the past few years, but as capital flows have become more selective, many projects have failed to demonstrate real user growth and regular revenue. RootData compiles the closed projects in the same dataset, noting that the reasons for each project's closure vary. Following periods of expansion in cryptocurrency history, contraction processes have occurred, and the sector continues with fewer but stronger players.
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