# Tally of Shuttered Crypto Projects Tops 60, Several Backed by Top Venture Funds

A data provider's count of protocol closures this year underscores the gap between funding raised and lasting usage.

- Published: 2026-06-27T10:26:58.470Z
- Canonical: https://polylog.news/crypto/2026-06-27/tally-of-shuttered-crypto-projects-tops-60-several-backed-by
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Polylog editors](https://polylog.news)

More than 60 crypto protocols have announced closures since the start of this year, and the count is still rising, according to data cited from the analytics provider RootData. The post noted that several of the largest projects to shut dow…

This story is for subscribers. Read it in full at https://polylog.news/crypto/2026-06-27/tally-of-shuttered-crypto-projects-tops-60-several-backed-by (subscription information: https://polylog.news/pricing).