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Project Overview
Zapper is an asset management platform for Web3 that aims to make Web3 accessible and easy to use. Its main product is the Zapper Dashboard, which allows users to view all their digital investments and adjust their portfolio with ease. With the dashboard, users can easily switch up their investing strategies by exchanging assets, providing liquidity in various pools, staking tokens, depositing assets to earn passive income, and studying wallets of public figures to stay up-to-date with the latest Web3 trends.
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On-chain investment platform Zapper announced it will cease operations on August 3, closing all services.
According to official news, DeFi portfolio tracking platform Zapper announced it will wind down operations and officially shut down all services on August 3, including zapper.xyz, the mobile app, and API services.
Zapper will fully shut down on August 3rd, with its website, mobile app, and API services going offline
Seb Audet, CEO of DeFi portfolio tracker Zapper, announced that after nearly seven years of operation, the company has decided to fully shut down. All functions, including the website, mobile app, and API services, will officially go offline on August 3rd. Founded in 2019, Zapper was a mainstream portfolio tracking tool in the DeFi space, with features encompassing liquidity pool monitoring, yield farming tracking, DEX aggregation, and NFT support. At its peak, the project had 2 million monthly active users and processed over $13 billion in transaction volume. Zapper previously raised a $15 million Series A funding round led by Framework Ventures, with participation from investors including Mark Cuban. Seb Audet stated that after evaluating various options, the company believes an orderly shutdown is the best course of action at this time.