Zapper CEO Seb Audet Says DeFi Portfolio Tracker Will Shut Down on August 3

Zapper CEO Seb Audet said the DeFi portfolio tracker will fully shut down after nearly seven years of operations, with all services going offline on August 3. According to Odaily, the shutdown will cover the company’s website, mobile app, and API services. Zapper, founded in 2019, was a portfolio tracking tool in the DeFi sector and offered features including liquidity pool monitoring, yield farming tracking, DEX aggregation, and NFT support. At its peak, the project reported 2 million monthly active users and said it processed more than $13 billion in transaction volume. Zapper previously raised $15 million in a Series A round led by Framework Ventures, with participation from investors including Mark Cuban. Audet said that after evaluating multiple options, the company concluded that an orderly shutdown was the best choice at this time.