In the first half of 2026, more than 30 DeFi projects have already shut down, from MilkyWay and ZeroLend to Fantasy Top, Botanix, AscendEX, Ctrl Wallet, and Zapper…


And these are only the projects that have been publicly announced. Countless other projects may disappear quietly, with no one noticing—
the reason is simple: hacking, insufficient funding, user attrition, or no business model at all to sustain their survival.
The market is entering a true shakeout phase. As capital becomes more discerning, projects built only on hype are being weeded out.
In the end, the ones that survive will be those with real products, real users, and sustainable cash flow.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned