# 82 Crypto Projects Shut Down in 2026

> Bitcoin's slump forced 82 crypto projects to close in 2026 as DeFi infrastructure collapsed.
- Title: 82 Crypto Projects Shut Down in 2026 · BigGo Finance
- Summary: Bitcoin's slump forced 82 crypto projects to close in 2026 as DeFi infrastructure collapsed. Bitcoin's drop below $60,000 caused 82 crypto projects to shut…
- Keywords: bitcoin, decentralized finance, crypto projects, defi, blockchain infrastructure, project closures, revenue model, finance, markets, Crypto, Projects, Shut
- Source: BigGo Finance — https://finance.biggo.com/news/1c21c02a-34da-4522-8334-fb58176c2fe0
- Author: BigGo Finance
- Published: 2026-10-20T22:35:16+00:00
- Read time: 1 min
- Topics: bitcoin, decentralized finance, crypto projects, defi, blockchain infrastructure, project closures, revenue model, finance, markets
## Crypto Project Shutdowns
Eighty-two crypto projects have shut down so far in 2026, according to a tally by crypto researcher Stacy Muur.
## Bitcoin Price Drop
Bitcoin's fall from an all-time high above $126,000 last October to below $60,000 this year has squeezed the finances of DeFi and blockchain infrastructure projects.
## Blast Closure
Blast, which once held more than $2 billion in deposits, announced its closure after failing to find a revenue model.
## Security Incidents
Step Finance halted operations after a large-scale fund theft in February, while Radiant Capital announced it would wind down in June without recovering from a hack in 2024.
## DeFiLlama Survey
An August survey by DeFiLlama identified 100 crypto projects that announced closures this year, with 40 shutting within 90 days.
## Fundraising Failures
The closed projects raised a combined $1 billion but generated only $250 million in cumulative fee revenue.
## Industry Restructuring
Venture funding deals fell 80% while M&A activity rose 65%, signaling industry-wide restructuring.
## Key takeaway

Bitcoin's drop below $60,000 caused 82 crypto projects to shut down in 2026, with many failing to secure revenue models.