Seb Audet, CEO of DeFi portfolio tracker Zapper, announced that the company has decided to shut down completely after nearly 7 years of operation, and its official website, mobile applications, and API services will be taken offline on August 3rd. Zapper was founded in 2019 and had 2 million monthly active users at its peak, processing over 13 billion US dollars in transactions. Zapper has received a $15 million Series A funding led by Framework Ventures, with participation from Mark Cuban. Seb Audet stated that the company believes an orderly shutdown is currently the best option.