99 Crypto Projects Shut Down in 2026: A Wave of Failure Across Web3 Sectors

A recent report from RootData reveals that 99 cryptocurrency projects have shut down in 2026, marking one of the largest waves of failed crypto projects in recent times.

The list includes both emerging startups and established brands across exchanges, wallets, DeFi, and analytics platforms, highlighting the scale of Web3 project failures throughout 2026.

Among the most significant closures were BitMart, BitMEX, AscendEX, Loopring, Goldfinch, and Zapper, which all announced their shutdowns due to various reasons such as regulatory difficulties, financial issues, and operational challenges.

The report suggests that the trend away from unsustainable business models has led to a significant number of project closures, with exchanges and wallets being some of the most affected areas.