Zapper Fi layoffs — Jul 8, 2026

Zapper Fi to Shut Down on August 3, Laying Off 100% of Workforce

DeFi portfolio tracker and aggregator Zapper Fi will shut down its website, mobile applications, and API services on August 3, 2026. The company announced the closure on July 27, ending nearly seven years of operations. Zapper Fi will lay off 100% of its workforce, although the number of jobs affected was not disclosed.

Co-Founder and CEO Seb Audet announced the decision and thanked the company’s community, investors, employees, and users. “It’s been an incredible honor building Zapper for all of you. The journey of a lifetime,” Audet wrote. He added that the team had made the “very difficult decision of winding down Zapper.”

The shutdown will affect the company’s main website, zapper.xyz, mobile apps, and API services. Existing API users will receive transition support by email, while users and developers must migrate portfolio tracking and API integrations before the August 3 deadline. Zapper’s tools supported portfolio management and onchain interactions across decentralized finance applications.

The closure reflects market pressures in DeFi tooling, including intense competition, high operating costs, and shifting market dynamics. The company’s services included its “Zap” feature, which enabled users to complete complex, multi-step DeFi transactions in a single transaction for activities such as yield farming, liquidity provision, and cross-protocol strategies.

Audet said Zapper had helped improve the onchain experience for millions of users, despite not fully achieving its original mission of making DeFi more accessible. He also encouraged other companies to consider hiring Zapper employees, citing the team’s experience scaling a product to millions of users and $13 billion in transaction volume. Users can consider alternative portfolio and analytics platforms, including DeBank, Zerion, and Dune Analytics, after Zapper’s services end.

Sources: The Crypto Times