99 Crypto Projects Shut Down in 2026: Centralized Exchanges, Wallets, DeFi Among Affected Sectors
The crypto industry is experiencing a significant wave of shutdowns in 2026, with RootData tracking 99 projects that have ceased operations. This number surpasses previous years, indicating a broader trend of unsustainable business models.
Centralized exchanges, wallets, DeFi protocols, AI infrastructure projects, NFT platforms, and blockchain analytics services are among the affected sectors. Even established brands like BitMart, BitMEX, AscendEX, and Zapper have shut down or discontinued operations.
The reasons for these shutdowns vary, but RootData suggests that decreases in funding and activity are a common factor. This trend is seen across multiple sectors, indicating a shift away from speculative token launches and towards more sustainable business models.