In a bear market, project thefts and shutdowns have become commonplace. At first, we were surprised to see them, but after seeing so many, we've become numb. Moreover, there are still a bunch of projects awaiting shutdown on the horizon.
Review of projects that ceased operations or were “shut down” in 2026:
Exchanges / Derivatives Platforms
BitMEX: officially ceased operations on September 23, 2026
BitMart: halted all trading on August 26
Bit.com: closed its derivatives business due to declining trading volume
AscendEX: announced shutdown on July 6
Wallets and Custody
Ctrl Wallet: permanently closed on August 3
Leap Wallet: fully closed on May 28.
Magic Eden Wallet: discontinued wallet product to focus on Solana.
Entropy: announced liquidation in January
SecondFi: shut down after a vulnerability led to the theft of about 16 million ADA.
DeFi / L2 / L1 / Protocols
Loopring: shut down DEX/AMM and related services at the end of June 2026
Odos: permanently ceased on July 30
Radiant Capital: announced DAO shutdown and entered maintenance in June.
Milky Way: permanently closed on January 15.
ZeroLend: announced cessation of operations on May 21.
Slingshot: ceased operations after being acquired by Magic Eden
Step Finance: announced shutdown on February 24
Balancer Labs: liquidated part of its business, the protocol continues in a streamlined form.
Angel Protocol: announced shutdown on February 20.
Dango: announced shutdown on July 23.
Zapper: announced shutdown on July 9.
Moonbeam: announced shutdown on July 3.
Neutron: announced shutdown on March 17.
NFT / Governance / Tools / Others
Nifty Gateway: closed on February 23.
Tally: ceased operations on March 17.
POAP: entered maintenance mode.
Mercado Coin: shut down on April 17.
YGG Play: closed on July 31, laid off staff and pivoted to AI gaming data.
Movement Labs: filed for bankruptcy in July.
Dango: announced shutdown on July 24.
Yupp: announced shutdown on April 1.
Syndicate Labs: announced shutdown on May 20
Sound XYZ: announced shutdown on January 16
Dmail: announced shutdown on April 2
Fantasy Top: announced shutdown on May 20
Parsec: announced shutdown on February 20
Powerloom: announced shutdown on June 15
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TOLY’S DOG (ADA)
$ 0.000079 (ADA/USD)
0.00%
24H
TOLY’S DOG ADA Price History USD
Track the price of TOLY’S DOG for today, 7 days, 30 days and 90 days
Period
Change
Change (%)
Today
$ 0
0.00%
7days
$ 0
0.00%
30days
$ 0
0.00%
90days
$ 0.000039
-33.33%
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TOLY’S DOG Market Information
$ 0.000079 24h Range $ 0.000079
All time high
$ 0.0099
All time low
$ 0.000059
24h Change
0.00%
24h Vol
$ 256.99
Circulating supply
0.00
ADA
Market cap
$ 0
Max supply
1.00B
ADA
Fully diluted market cap
$ 79,943.14
Trade ADA
TOLY’S DOG X Insight
追风Lab .eth🌿
OnChain_Analyst
Security_Expert
C
107.3K @ZF_lab Extremely Bearish
Multiple project shutdowns in 2026 highlight bear market risks.
壹屋鱼 D
27.2K @xiaoyubtc @ZF_lab compiled a list of the projects that shut down in 2026, many look familiar 🥲
https://t.co/57gaBNj70u
14
11
2.1K
2026-07-26 13:37
Trend of ADA after release
Bearish
Multiple project shutdowns in 2026 highlight bear market risks.
Sic
DeFi_Expert
Trader
B
10.8K @Sic2336 Extremely Bearish
Cardano's DeFi TVL continues to decline, and the author calls for support and increased funding to improve the situation.
Sadly the Cardano DeFi TVL keeps decreasing.
Hotta pump those numbers up...
For perspective➡️Hyperliquid is sitting at ~$1.24B TVL
We need to support the remaining DeFi protocols. We need to fund all DeFi growth proposals. We need to build that proper commercial arm. https://t.co/YOzNykujoC
10
2
286
2026-07-26 13:37
Trend of ADA after release
Bearish
Cardano's DeFi TVL continues to decline, and the author calls for support and increased funding to improve the situation.
Blockjock-James Dont Hate Just Create
DeFi_Expert
Community_Lead
B
6.6K @blockjock2017 Bearish
ADA is continuously praised by the industry despite lacking value, and its outlook is bleak.
Not sure he gets it
Lorenzo Valente D
5.0K @LorenzoARK It’s 2026, and we’re still talking about Cardano. We’re still inviting Charles to conferences, treating Cardano as newsworthy, accepting its sponsorship money, and giving it airtime on podcasts.
Then we wonder why this industry struggles for credibility.
We deserve the reputation we have. No serious industry keeps rewarding irrelevance like this.
6
0
412
2026-07-26 12:37
Trend of ADA after release
Extremely Bearish
ADA is continuously praised by the industry despite lacking value, and its outlook is bleak.
Price Prediction
When is a good time to buy ADA? Should I buy or sell ADA now?
When deciding whether it’s a good time to buy or sell TOLY’S DOG (ADA), it’s important to first align with your own trading strategy and risk profile.Long-term investors and short-term traders often interpret market conditions differently, so your decision should reflect your personal approach. According to the latest ADA 4-hour technical analysis, the current trading signal is Hold. According to the latest ADA 1-day technical analysis, the current signal is Hold.
Beacon Prediction
Probabilistic Price Forecast (Next 24 Hours)Beacon Prediction Disclaimer
The data results displayed on this page are analyzed based on actual trading data (OHLCV) of the selected trading pair along with corresponding technical indicators.
This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.
This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.
About TOLY’S DOG
TOLY’S DOG (ADA) is a cryptocurrency launched in 2023and operates on the Solana platform. TOLY’S DOG has a current supply of 999,876,202.92 with 0 in circulation. The last known price of TOLY’S DOG is 0.00008473 USD and is up 0.47 over the last 24 hours. It is currently trading on 9 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://adaonsol.io/.
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