Core findings
2026 has proven to be a time of filtration that is likely to continue. The business models that included paying employees or subsidizing liquidity in tokens collapsed when token prices fell 70-90%.
The filter is economic. The sunsetting group were affected by two causes: demand fell, and money ran out.
Capital is concentrating into fewer, larger bets and M&A has taken on a major role in capital allocation. VC investment in H1 2026 was actually higher than H1 2025 - but the number of deals fell by 80%.
https://newsletter.defillama.com/p/they-re-going-out-of-business
2026 has proven to be a time of filtration that is likely to continue. The business models that included paying employees or subsidizing liquidity in tokens collapsed when token prices fell 70-90%.
The filter is economic. The sunsetting group were affected by two causes: demand fell, and money ran out.
Capital is concentrating into fewer, larger bets and M&A has taken on a major role in capital allocation. VC investment in H1 2026 was actually higher than H1 2025 - but the number of deals fell by 80%.
https://newsletter.defillama.com/p/they-re-going-out-of-business
DefiLlama Newsletter
They're going out of business
Analyzing the protocols that closed their doors this year
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Forwarded from Watcher Guru
JUST IN: Bitcoin surges to $69,000 as $1,100,000,000 in crypto shorts are liquidated in 60 minutes.
@WatcherGuru
@WatcherGuru
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GTE waitlist is finally live
my quant told me to be early for GTE and so i signed up first
join the waitlist here:
https://waitlist.gte.xyz/r/QVXDC
https://x.com/GTE_XYZ
my quant told me to be early for GTE and so i signed up first
join the waitlist here:
https://waitlist.gte.xyz/r/QVXDC
https://x.com/GTE_XYZ
waitlist.gte.xyz
The Global Token Exchange
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Crypto Mumbles
GTE waitlist is finally live my quant told me to be early for GTE and so i signed up first join the waitlist here: https://waitlist.gte.xyz/r/QVXDC https://x.com/GTE_XYZ
for updated chatter around GTE, using this to monitor:
https://t.me/elfaai_bot?start=q_83db16ed-a20c-4109-8a31-8cc580062c75
https://t.me/elfaai_bot?start=q_83db16ed-a20c-4109-8a31-8cc580062c75
Telegram
Elfa by elfa.ai
AI-powered research assistant with live market awareness. Chat freely, get insights and narratives on demand → /start
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