Crypto Shutdown Tracker Hits 109, But Institutional Adoption Rises

A tracker built by CryptoSlate has identified at least 109 crypto project shutdowns, wind-downs, or inactivity as of August 5, 2026. DeFi accounted for 28 of these closures, making it the largest sector affected.

The tracker assigns 99 records to projects marked shut down, six to projects winding down, and four to inactive products. Behind DeFi, the largest categories are gaming with 15 records, infrastructure with 13, layer-1 and layer-2 projects with 12, other projects with 11, and NFTs with 10.

The count peaked at 27 recorded deaths in April but has since eased to 21 in May, 20 in June, and 14 in July. August had three through August 5.