At least 109 crypto projects to shut down by 2026, DeFi leads

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DeFi exploit incidents have accelerated the decline of crypto projects, with at least 109 set to shut down by 2026, according to a CryptoSlate tracker as of August 5, 2026. DeFi leads with 28 projects, followed by 15 in gaming, 13 in infrastructure, 12 in Layer-1 and Layer-2, 11 in other categories, 10 in NFTs, and 18 in wallets, exchanges, and analytics. The latest cryptocurrency news highlights growing instability across key sectors.

As of August 5, a tracker developed by CryptoSlate shows that at least 109 cryptocurrency projects will be shut down, ceased operations, or become inactive by 2026. Among these, 28 are DeFi projects, 15 are gaming projects, 13 are infrastructure projects, 12 are Layer-1 and Layer-2 projects, 11 are other projects, 10 are NFT projects, and 18 are wallets, exchanges, and analytics products.

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