DappRadar, once a central hub for tracking decentralized applications (dApps), is officially shutting down. The announcement was made on November 17, 2025, through an official post on X. The platform's founders, Skirmantas Januškas and Dragos Dunica, said the decision followed a long period of trying to stay financially sustainable in what they called the "current environment."

Platform to Wind Down in Stages

The team stated that DappRadar would start winding down its services in the coming days. This includes ending support for blockchain and dApp tracking. All associated services will be shut down as part of this process.

As part of the announcement, the founders reassured the community that further info about the future of the RADAR token and the DappRadar DAO would be shared soon. The DAO treasury wallet remains publicly visible at 0xe7dd363c482272b9395A183f7D48FA1De98778Df. But the DAO itself is separate from the platform, and ongoing discussions will take place through its dedicated channels.

Acknowledging the End

The official post reflected on the platform's journey since 2018. The team noted their efforts to make blockchain data clearer and accessible. Over the years, DappRadar data has been used in reports, media, and academic studies. The platform partnered with hundreds of blockchain projects and helped millions of users navigate the web3 space.

Despite their contributions, the founders said the financial burden of maintaining the platform had become too heavy. After exploring all options, they decided that shutting down was the only viable path forward.

Web3 Community Reacts

The news prompted an outpouring of responses from industry figures and crypto enthusiasts. Popular blockchain game thread writer 1mpal said, "It wasn't always perfectly accurate, but it was genuinely useful for getting a broad read on where the gaming projects were at." He also acknowledged the difficulty of staying afloat in a down market.

Andrew Campbell, a well-known voice in the web3 space, simply called it "Sad news. Bad news for crypto." Meanwhile, Telos, the privacy-enabled blockchain, thanked the team and shared hopes that they would go on to build something new.

Other reactions called the moment the "end of an era," with multiple users sharing their appreciation for DappRadar's long-term role in the ecosystem. Many noted that 2025 has been a tough year for web3, and DappRadar's shutdown adds to a growing list of closures.

Origins: From Weekend Project to Industry Staple

DappRadar was started in 2018 by Lithuanian entrepreneurs Skirmantas Januškas and Dragos Dunica. The duo entered the crypto scene in 2017, motivated by early dApp experiments like CryptoKitties. They soon saw a gap in the market for tracking dApps and built DappRadar as a small side project. At first, it only supported Ethereum.

By the end of its first year, the platform had expanded to include EOS and Tron. Over time, it grew to track dApps on more than 90 blockchain networks. What started as a basic tracker became one of the most visited platforms in the web3 space.

The company secured a seed funding round in 2019, followed by a $5 million Series A round in 2021. Investors included Lightspeed Venture Partners, Naspers, and Blockchain.com Ventures.

What DappRadar Offered

Before shutting down, DappRadar had evolved into a full-scale discovery and analytics tool for onchain apps, DeFi platforms, NFT projects, and blockchain games.

One of its main features was near real-time tracking of key dApp metrics, such as unique active wallets, transaction volumes, and total value locked (TVL). It was also known for its deep analytics on NFT collections and GameFi projects, giving users insights into floor prices, trading volumes, and user engagement.

The platform's analytics were used by investors, game studios, journalists, and blockchain researchers. Users could connect their wallets to track their crypto assets across different chains. DappRadar also issued its own governance token, RADAR, which gave holders access to exclusive features and voting rights in the DAO.

RADAR Token and DAO Remain Uncertain

Following the shutdown news, the price of the RADAR token dropped by 38% in the last 24 hours. The team emphasized that the DAO's future will be handled through its usual community channels, and that decisions are still being made. The founders asked the community for patience as updates are prepared.

While the platform will no longer operate, the DAO that governs certain aspects of the RADAR token is technically still active. It remains to be seen whether the community will choose to continue operations under a different model or shift direction entirely.

Another Casualty in a Difficult Year

DappRadar's shutdown adds to a long list of web3 and GameFi projects that have shut down in 2025. This year has seen many crypto games and platforms fold due to funding problems and declining user activity.

Nyan Heroes was one of the most high-profile shutdowns earlier in May. Despite having $13 million in funding and a strong development team, it couldn't reach the player numbers it needed. Its token dropped over 40% and NFT values crashed after the shutdown announcement.

Blast Royale followed, unable to scale after raising $5 million. Then came Tokyo Beast, which announced its shutdown in July just 2 months after its global launch. Pirate Nation also shut down its Classic onchain version, switching its focus to the Arcade version.

Several others have pulled the plug, including Battlebound's Anterris, Blade of God, Derby Race, and Goombles. Jungle, a mobile web3 game platform, shifted focus back to web2 after struggling to grow.

Kryptomon paused development, Loot Legends shut down entirely, and Champions Ascension reallocated its team to other projects. MetalCore, a PvPvE shooter, has gone quiet, and The Mystery Society failed to secure needed funding.

According to web3 gaming creator Tr3vor, this string of shutdowns reflects a larger trend across the sector. A long bear market, reduced VC funding, and lack of player growth have created a tough environment for both new and established projects.

DappRadar's Legacy

DappRadar’s seven-year run spanned both the rise and decline of multiple web3 cycles. It began during a time when dApps were still new to most, and over the years, it became one of the most referenced platforms for real-time blockchain activity.

As the platform prepares to shut down and services go offline, its data and community had a visible impact on how people discovered and followed developments in the decentralized web.

In their closing note, the founders stated that the mission to help people explore and understand dApps shouldn't end with the platform. They acknowledged that the web3 space still needs a home for discovery and expressed hope that someone will "fill the gap and carry the torch forward."

Inspiration for PlayToEarn

DappRadar also played a direct role in inspiring other builders in the space. One of them was us. Shortly after DappRadar's launch in 2018, we released our 1st version under the name DappStatus, a platform dedicated to tracking blockchain apps, with a strong focus on crypto games. Our early interface (down below) showed dApps ranked by users and transaction volumes, with Ethereum-based games like Gods Unchained and CryptoKitties leading the charts at the time:

We were known as DappStatus before being rebranded to PlayToEarn

As the ecosystem matured, we made the decision to rebrand from DappStatus to PlayToEarn. This change reflected our core belief that crypto gaming represents the strongest use case for blockchain tech and will play a key role in driving mass adoption. That mission continues today.