Everclear and ZERO Network shut down amid 2026 DeFi market downturn and consolidation.

Everclear and ZERO Network have announced their shutdowns in 2026, adding to a growing list of DeFi projects closing due to market pressures. Everclear, despite reaching $500 million in monthly volume, failed to generate sustainable revenue and faced delays in partner onboarding. ZERO Network is refocusing on its wallet and API, disabling bridging in but allowing users to bridge out until July 31. These closures highlight ongoing consolidation in the DeFi space amid a challenging crypto market environment.