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TECHNOLOGY

Zapper to Shut DeFi Dashboard on Aug. 3

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Zapper will shut down its DeFi portfolio dashboard on August 3, taking its website, mobile apps and API services offline after nearly seven years.

Co-founder and CEO Seb Audet said the company will fully wind down, ending a wallet-tracking and DeFi dashboard used to monitor on-chain positions across protocols.

Website, Apps and API Will Go Offline

The shutdown will cover zapper.xyz, Zapper’s mobile apps and its API. Existing API users will receive transition guidance before the cutoff. For everyday users, the closure means Zapper’s wallet tracking, DeFi dashboard and portfolio tools will no longer be available after August 3.

Zapper said users’ on-chain assets are not held by the app and will not disappear with the shutdown. The platform operated as a tracking and interaction layer for wallets, DeFi positions, NFTs and protocols, while assets remained on blockchains and connected platforms.

Audet Says Orderly Shutdown Was Best Option

Audet said the team evaluated several options and pursued some before deciding that an orderly shutdown was the best course. He did not give a detailed financial explanation for the decision.

In a later response, he pointed to market conditions as part of the outcome. Zapper had reached more than 2 million monthly active users and processed more than $13 billion in transactions at peak volume, according to figures cited by the company.

Users Have Until Aug. 3 to Move Workflows

Zapper began as a DeFi portfolio tracker and later added DEX aggregation, NFT support and web3 social tools.

The shutdown means users who rely on Zapper to monitor wallets, DeFi positions or protocol activity will need another dashboard before the cutoff.

Users and API customers have until August 3 to move their dashboards, integrations or workflows to other services.

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