DappRadar, an analytics platform for decentralized applications (DApps), has announced its closure after operating for seven years. In a recent post on X, the founders Skirmantas Januškas and Dragos Dunica disclosed that they would be discontinuing the platform. They stated, “running a platform of this scale became financially unsustainable in the current environment,” with plans to discontinue tracking blockchains and DApps soon.

DappRadar Source: DappRadar

Following the announcement, DappRadar’s token price fell by approximately 30%, reaching about $0.00072 at the time of this report, according to data from Nansen. At the time of publication, Cointelegraph had not received a response from DappRadar regarding the matter.

The statement mentioned that further details would be provided separately regarding the handling of the native RADAR token and its decentralized autonomous organization (DAO).

For context, DappRadar was launched in 2018 and quickly became an essential source of data in the cryptocurrency landscape, analyzing significant incidents like the $100 million exploit at the decentralized exchange Balancer.

Earlier in 2025, other notable closures introduced by various businesses in the crypto industry were also reported, including eXch, the NFT marketplace X2Y2, and the decentralized exchange Mango Markets.