Key Notes

The platform tracked 18,111 dapps across 93 blockchains and served 500,000 monthly users before shutting down operations.

DappRadar raised $7.33 million in funding but faced a $15,500 monthly burn rate with only three months of stablecoin runway remaining.

The DAO treasury holds $1.6 million in assets, with 97% in RADAR tokens that have crashed following the closure announcement.

DappRadar announced it will shut down after seven years of operation. The platform cited financial unsustainability as the reason for closure. The RADAR token dropped approximately 30% immediately following the announcement on Nov. 17.

The service tracked dapps and decentralized applications across multiple blockchain networks. Services will stop “in the coming days” and the company will cease track

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