DappRadar, a leading decentralized application data platform, has announced its closure after seven years of operation, citing unsustainable financial models and declining market conditions. The announcement was made on November 17, 2025, by co-founders Skirmantas Januskas and Dunica Dragos, and quickly garnered over 1.6 million views. The platform, known for tracking data across hundreds of blockchains and thousands of projects, struggled as the GameFi and NFT sectors waned. DappRadar's native token, RADAR, plummeted over 30% following the news. The shutdown underscores the difficulties faced by data platforms in navigating a bear market.