DappRadar, a well-known analytics platform for decentralized applications (DApps), has officially announced that it will cease operations after seven years of activity. The news came directly from founders Skirmantas Januškas and Dragos Dunica, who shared in a post on X that sustaining a platform of DappRadar’s scale is no longer financially viable in today’s market conditions.
DappRadar Ends Blockchain and DApp Tracking
As part of the shutdown process, the team confirmed that they will soon stop tracking blockchains and decentralized applications entirely. They also noted that more information will be released regarding the future of the platform’s native RADAR token and its decentralized autonomous organization (DAO). The uncertainty surrounding the project led to an immediate market reaction, with RADAR’s price plunging roughly 30% to around $0.00072.
A Significant Loss for the Crypto Ecosystem
Since its launch in 2018, DappRadar has played an important role in the crypto industry by offering valuable insights and analytics. The platform became a trusted source for monitoring key events, such as the notable $100 million Balancer exchange exploit. Its closure adds to a growing list of crypto projects shutting down in 2025, including the cryptocurrency exchange eXch and the NFT marketplace X2Y2.
DappRadar’s departure marks the end of an era for blockchain analytics, leaving many in the community questioning what platform may rise to fill the gap.
