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Q1 2026 saw 20+ crypto protocols shut down amid market challenges and funding pressures

Q1 2026 saw 20+ crypto protocols shut down amid market challenges and funding pressures

𝕏/@Eli5defi ·

Dmail Network to shut down by May 15 after five years, citing unsustainable infrastructure costs, weak token utility, and failed monetization efforts in decentralized email

Dmail Network to shut down by May 15 after five years, citing unsustainable infrastructure costs, weak token utility, and failed monetization efforts in decentralized email

𝕏/@Dmailofficial ·

Magic Eden shuts down multi-chain wallet, gives users until April 1 to export keys or lose access

Magic Eden shuts down multi-chain wallet, gives users until April 1 to export keys or lose access

decrypt.co ·

ICON Network enters economic shutdown, begins 1:1 ICX-to-SODA migration on Sonic

ICON Network enters economic shutdown, begins 1:1 ICX-to-SODA migration on Sonic

icon.foundation ·

Tally shuts down after canceling its planned ICO, concluding that DAO governance tooling is not a viable venture-backed business in today’s crypto market despite facilitating over $1B in payments and securing $80B in on-chain value.

Tally shuts down after canceling its planned ICO, concluding that DAO governance tooling is not a viable venture-backed business in today’s crypto market despite facilitating over $1B in payments and securing $80B in on-chain value.

𝕏/@tallyxyz ·

Several DeFi protocols shut down in two months despite working tech, and this is what they have in common

Several DeFi protocols shut down in two months despite working tech, and this is what they have in common

𝕏/@DefiIgnas ·

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