Coinspeaker
Nov 17, 2025
5 0

DappRadar Shuts Down After Seven Years Citing Financial Unsustainability

DappRadar Closure

  • DappRadar announced its closure due to financial unsustainability, ending operations after seven years.
  • The RADAR token experienced a 30% drop following the announcement on Nov. 17, reaching $0.00067.

DappRadar price chart | Source: CoinGecko

Platform Legacy and Funding

  • Founded in February 2018, DappRadar tracked over 18,000 dapps across 93 blockchains, serving around 500,000 monthly users.
  • Raised $7.33 million from investors like Prosus and Lightspeed Venture Partners in two funding rounds.
  • Based in Kaunas, Lithuania, with 11-50 employees.

Financial Sustainability Challenges

  • The DappRadar DAO treasury holds $1,602,289 in assets, with RADAR tokens comprising 97% of it.
  • Stablecoin reserves provide three months of runway at the current operational burn rate of approximately $15,500/month.

Industry Implications

  • The dapp analytics space includes competitors like DeFiLlama and Dune Analytics.
  • Recent industry challenges include Stream Finance suspending withdrawals after a $93M loss and Polymarket's UFC partnership.
  • DappRadar's token and DAO matters will be communicated separately through their usual channels.