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DappRadar News: Firm Shuts Down, Citing ‘Financially Unsustainable’ Market

CoinDesk
DappRadar, a major on-chain analytics platform launched in 2018, announced it is shutting down because the market became financially unsustainable.

Summary

DappRadar, a prominent analytics platform for tracking decentralized applications and on-chain activity across numerous blockchains since its 2018 launch, announced its shutdown via X on Monday, November 17, 2025. The team stated that operating the platform became “financially unsustainable in the current environment,” forcing them to wind down operations after exploring all options. The announcement did not provide details regarding the future of the associated DAO or the RADAR token, promising communication through appropriate channels later. Following the news, the RADAR token dropped 36%, reflecting market uncertainty among holders awaiting further guidance.

(Source:CoinDesk)