DappRadar, a leading analytics platform dedicated to decentralized applications (DApps), announced that it will cease operations after seven years. The decision comes amid challenging market conditions that have made running the platform financially unviable. Founders Skirmantas Januškas and Dragos Dunica shared the news via an official post on X on November 17, marking the end of a service that became integral to crypto analytics and blockchain gaming communities.
After seven years, it's time to say goodbye. pic.twitter.com/QGfRRe6Gts
— DappRadar (@DappRadar) November 17, 2025
“We have made the difficult decision to close the DappRadar platform. In the current environment, it has become difficult to achieve financial sustainability for a project of this scale. After exhausting all possibilities, we had to make this tough choice,” the founders said in a statement.
DappRadar confirmed that it will begin winding down its services in the coming days, including stopping blockchain and DApp tracking along with associated analytics tools. The team also stated that updates regarding the RADAR token and DappRadar DAO will be shared through official channels at a later time.
Token reaction and DAO uncertainty
Following the announcement, DappRadar’s RADAR token dropped by about 34%, reaching approximately $0.00068 at the time of publication, according to CoinMarketCap data. The founders acknowledged that there are still decisions to be made about the platform’s DAO and token management.
“Regarding the DAO and RADAR token matters, further announcements will be made through regular DAO channels,” they added.
The DAO remains technically active, but the team indicated that it will soon halt operational support, leaving governance decisions in the hands of the community. Ongoing discussions about the DAO’s treasury and governance will continue through its established channels.
Reflecting on seven years in web3 analytics
Since launching in 2018, DappRadar has become one of the most respected platforms for blockchain data aggregation. Initially supporting Ethereum, the project expanded to track more than 90 blockchains over the years, including EOS, Tron, and BNB Chain. The platform’s mission was to make decentralized data transparent, understandable, and accessible to users ranging from institutional investors to casual observers of the web3 ecosystem.
In a farewell message, the team looked back on its contributions and partnerships:
“Since the beginning in 2018, this field was still in its infancy. Early decentralized applications were few, and the number of explorers was limited, with many questions about the future of decentralized applications still unanswered. Inspired by Cryptokitties, we created DappRadar to help people explore and understand this new world.
We traverse the bull and bear cycles together. Proudly helping millions of users discover decentralized applications, conduct research, and continuously learn through our content. We have established collaborations with hundreds of blockchains, thousands of developers, and projects. Our data has been cited by journalists, appeared in research papers, and spread globally in various languages.”
Over the years, DappRadar tracked key trends and vulnerabilities across decentralized finance (DeFi), gaming, and NFTs. Its quarterly and industry reports were used by investors, media, and protocols seeking insights into user activity, total value locked (TVL), and market movements. In a Q2 2025 report, the platform wrote:
“DeFi remains a core pillar, backed by strong TVL growth and price recovery, even as funding cools. But the surge in exploit-related losses is a stark reminder that growth without robust security can set the space back.”
Impact on the crypto ecosystem
The closure represents a major loss for industry analytics at a time when transparency and on-chain reporting are increasingly vital. As one of the few independent DApp aggregators, DappRadar’s data was widely cited by research institutions, venture capital funds, and journalists. Its departure follows a wave of platform shutdowns in 2025, including the cryptocurrency exchange eXch, NFT marketplace X2Y2, and decentralized exchange Mango Markets, all facing financial or operational constraints in a prolonged downturn.
The shutdown highlights the broader sustainability challenges within the web3 sector. Maintaining decentralized infrastructure and high-quality analytics has proven increasingly difficult as user activity cools and funding sources dry up. Community members have described the closure as the “end of an era,” recognizing DappRadar’s invaluable service to on-chain discovery and insight.
What comes next for DappRadar’s community
While the platform will no longer be active, the founders have encouraged the web3 community to build upon its legacy.
“The mission to help people explore and understand decentralized applications should not stop here,” they said. “There are still beacons to explore in the Web3 field, and we hope someone can take up the torch and continue forward.”
DappRadar’s shutdown concludes a notable chapter in the development of decentralized analytics, leaving behind a data-rich legacy and a DAO community that may yet determine the next phase of its evolution.
Anastasiia G
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