Zapper Fi to Shut Down on August 3 After Seven-Year Run

DeFi portfolio tracker and aggregator Zapper Fi is shutting down after nearly seven years of operation.

In an X post on Wednesday, Seb Audet, Co-Founder and CEO of Zapper Fi, announced the decision and expressed gratitude to the community, investors, team, and users. “It’s been an incredible honor building Zapper for all of you. The journey of a lifetime,” he wrote.

We’ve made the very difficult decision of winding down Zapper.

Thank you for being part of this crazy journey with us ⚡️🫶

You can learn more about the sunset here. https://t.co/Q2MOuRucKj

— Zapper ⚡️ (@zapper_fi) July 8, 2026

Despite the highs and lows, Audet said the team gave everything to create one of the most ambitious on-chain products. While the company’s original mission to make DeFi more accessible was not fully realized as hoped, he said, Zapper helped improve the onchain experience for millions.

Services will officially cease on August 3, 2026. This includes the main website zapper.xyz, mobile apps, and API services. Existing API users will receive transition support via email.

Impact on users and the DeFi ecosystem

The shutdown will affect many DeFi users who relied on Zapper for portfolio management and simplified onchain interactions. Users will need to migrate their tracking and automation workflows to alternative platforms before the August 3 deadline. 

Popular alternatives include DeBank, Zerion, Dune Analytics, and other portfolio trackers. For many retail users, Zapper’s “Zap” feature, which allowed complex multi-step DeFi actions to be completed in a single transaction, simplified activities such as yield farming, liquidity provision, and cross-protocol strategies. 

The closure reflects broader challenges in the DeFi tooling space, including intense competition, high operational costs, and shifting market dynamics. Despite Zapper’s impressive user numbers and volume, sustaining a free or low-cost comprehensive platform proved difficult in the long term.

Audet also encouraged other companies to hire members of the Zapper team. “This is a team that scaled a product to millions of users and $13B in transaction volume, with deep onchain engineering expertise,” he wrote. 

Several crypto services are winding down

Zapper’s closure comes as several crypto platforms prepare to discontinue services in the coming weeks.

Ctrl Wallet, a multi-chain self-custody wallet supporting over 2,500 blockchains, will permanently shut down on August 3, 2026. Users are urged to withdraw assets and back up recovery phrases immediately. Meanwhile, Moonbeam will continue operations during a transition period ending July 31, 2026, after which it will begin winding down. Users of these services are advised to take prompt action to safeguard their assets and migrate to alternatives.

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