Overview
- DappRadar said it will cease tracking blockchains and decentralized applications in the coming days.
- The RADAR token fell roughly 30%–36% following the announcement, according to CoinMarketCap and other market data.
- The team said it will communicate decisions on the DAO and the token through DAO channels but offered no timetable.
- DAO treasury records show about $1.6 million in assets, roughly 97% held in RADAR, with stablecoins covering only an estimated three months of operations.
- Founded in 2018, the company raised $7.33 million from investors including Prosus and Lightspeed and became a prominent analytics source for NFT and DeFi activity.