Everclear and ZERO Network Announce Shutdowns Amid DeFi Downturn

Everclear and ZERO Network have announced their shutdowns this week, adding to the growing list of Decentralized Finance (DeFi) closures in 2026, according to BeInCrypto. Everclear cited insufficient commercial depth and unsustainable revenue despite reaching a monthly volume of $500 million. The project attempted a pivot to a B2B2C model but ran out of runway before deals could materialize. ZERO Network's closure is part of Zerion's strategic refocus on its wallet and API, with bridging into ZERO disabled and bridging out open until July 31. These closures reflect broader market pressures on crypto companies.