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DappRadar to Shut Down, Token Value Crashes to $0.00072

Key Takeaways

  • ​DappRadar announced it will shut down, which caused its RADAR token to drop nearly 30% to $0.00072;
  • Founders cited financial strain as the reason for ending blockchain and DApp tracking services;
  • The team warned that DeFi growth without stronger security could hurt the sector’s progress.

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DappRadar to Shut Down, Token Value Crashes to $0.00072

DappRadar’s digital token lost about 30% of its value after the company announced plans to close its operations.

The price fell to $0.00072 after the news, according to data from Nansen.

The platform’s founders, Skirmantas Januškas and Dragos Dunica, shared the decision in a post on X. They explained that the service, which tracks activity across decentralized applications, could no longer continue due to financial strain.

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They added that blockchain and DApp tracking would stop soon as the shutdown process begins.

The team said more details will be shared later about what will happen to the RADAR token and the project’s decentralized autonomous organization. No specific timeline or plan has been given yet.

In its second-quarter 2025 report, DappRadar noted that decentralized finance had shown steady recovery and strong growth in total value locked.

However, the team also warned that increasing losses from exploits threatened the industry’s progress. DappRadar said in its report:

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.

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Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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