85 Crypto Projects Shut Down in 2026, Up 37.1% Year Over Year

As of October 31, 2026, 85 crypto projects, networks, and protocols had shut down, exceeding the 78 closures recorded for all of 2025. According to ChainCatcher, citing RootData, the 2026 total is 37.1% higher than the same period last year; the first 10 months of 2025 and 2024 saw 62 and 34 shutdowns, respectively. For 31 projects, the shutdown announcement and closure took place on the same day, including Interface and Zipcoin. Another 24 announced closures in advance, with an average notice period of 31.2 days and a median of 27.5 days. Balancer announced its shutdown on October 27 and closed on October 30, while NFTfi announced on June 11 and closed on August 31, an 81-day gap. Blast cited maintenance costs exceeding network revenue, while Zipcoin cited a security incident. Most projects did not specify a reason in the data.