• bitcoinBitcoin (BTC) $ 111,173.00
  • ethereumEthereum (ETH) $ 2,711.17
  • tetherTether (USDT) $ 0.999979
  • xrpXRP (XRP) $ 2.47
  • bnbBNB (BNB) $ 689.15
  • solanaSolana (SOL) $ 184.47
  • usd-coinUSDC (USDC) $ 0.999804
  • dogecoinDogecoin (DOGE) $ 0.250961
  • cardanoCardano (ADA) $ 0.827877
  • tronTRON (TRX) $ 0.274783
  • staked-etherLido Staked Ether (STETH) $ 2,711.14
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 110,999.00
  • suiSui (SUI) $ 3.91
  • hyperliquidHyperliquid (HYPE) $ 35.92
  • wrapped-stethWrapped stETH (WSTETH) $ 3,262.19
  • chainlinkChainlink (LINK) $ 17.03
  • avalanche-2Avalanche (AVAX) $ 25.76
  • stellarStellar (XLM) $ 0.309040
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • bitcoin-cashBitcoin Cash (BCH) $ 453.82
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  • leo-tokenLEO Token (LEO) $ 8.88
  • the-open-networkToncoin (TON) $ 3.21
  • litecoinLitecoin (LTC) $ 102.24
  • polkadotPolkadot (DOT) $ 5.09
  • wethWETH (WETH) $ 2,717.53
  • moneroMonero (XMR) $ 387.65
  • usdsUSDS (USDS) $ 0.999678
  • pepePepe (PEPE) $ 0.000016
  • wrapped-eethWrapped eETH (WEETH) $ 2,897.55
  • bitget-tokenBitget Token (BGB) $ 5.61
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999524
  • pi-networkPi Network (PI) $ 0.811954
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 110,850.00
  • whitebitWhiteBIT Coin (WBT) $ 31.75
  • bittensorBittensor (TAO) $ 471.47
  • uniswapUniswap (UNI) $ 6.70
  • aaveAave (AAVE) $ 260.85
  • nearNEAR Protocol (NEAR) $ 3.14
  • aptosAptos (APT) $ 5.92
  • daiDai (DAI) $ 0.999865
  • jito-staked-solJito Staked SOL (JITOSOL) $ 222.08
  • ondo-financeOndo (ONDO) $ 1.05
  • okbOKB (OKB) $ 53.15
  • kaspaKaspa (KAS) $ 0.118781
  • internet-computerInternet Computer (ICP) $ 5.81
  • ethereum-classicEthereum Classic (ETC) $ 20.01
  • crypto-com-chainCronos (CRO) $ 0.101731
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • official-trumpOfficial Trump (TRUMP) $ 14.47
  • tokenize-xchangeTokenize Xchange (TKX) $ 36.00
  • render-tokenRender (RENDER) $ 5.31
  • vechainVeChain (VET) $ 0.031237
  • gatechain-tokenGate (GT) $ 21.96
  • mantleMantle (MNT) $ 0.769349
  • ethenaEthena (ENA) $ 0.443679
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • cosmosCosmos Hub (ATOM) $ 5.32
  • worldcoin-wldWorldcoin (WLD) $ 1.58
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.914453
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.255814
  • susdssUSDS (SUSDS) $ 1.05
  • usd1-wlfiUSD1 (USD1) $ 0.999890
  • arbitrumArbitrum (ARB) $ 0.441230
  • algorandAlgorand (ALGO) $ 0.246693
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 111,370.00
  • filecoinFilecoin (FIL) $ 3.13
  • celestiaCelestia (TIA) $ 2.95
  • fasttokenFasttoken (FTN) $ 4.41
  • bonkBonk (BONK) $ 0.000024
  • jupiter-exchange-solanaJupiter (JUP) $ 0.619597
  • sonic-3Sonic (prev. FTM) (S) $ 0.537855
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.76
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,714.57
  • fartcoinFartcoin (FARTCOIN) $ 1.62
  • binance-staked-solBinance Staked SOL (BNSOL) $ 194.94
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • blockstackStacks (STX) $ 1.02
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,833.82
  • kucoin-sharesKuCoin (KCS) $ 11.59
  • optimismOptimism (OP) $ 0.834322
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.19
  • injective-protocolInjective (INJ) $ 14.61
  • dogwifcoindogwifhat (WIF) $ 1.37
  • immutable-xImmutable (IMX) $ 0.729516
  • sei-networkSei (SEI) $ 0.251596
  • story-2Story (IP) $ 4.79
  • nexoNEXO (NEXO) $ 1.29
  • flare-networksFlare (FLR) $ 0.019627
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,085.24
  • the-graphThe Graph (GRT) $ 0.124424
  • eosEOS (EOS) $ 0.778681
  • usdt0USDT0 (USDT0) $ 1.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.073119
  • curve-dao-tokenCurve DAO (CRV) $ 0.843287
  • flokiFLOKI (FLOKI) $ 0.000117
  • makerMaker (MKR) $ 1,788.48
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 110,929.00
  • raydiumRaydium (RAY) $ 3.50
  • msolMarinade Staked SOL (MSOL) $ 238.87
  • theta-tokenTheta Network (THETA) $ 0.998308
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,880.00
  • galaGALA (GALA) $ 0.021779
  • jasmycoinJasmyCoin (JASMY) $ 0.019674
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 204.72
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014937
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 111,431.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999738
  • lido-daoLido DAO (LDO) $ 0.996216
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,850.15
  • paypal-usdPayPal USD (PYUSD) $ 0.999400
  • iotaIOTA (IOTA) $ 0.235236
  • clbtcclBTC (CLBTC) $ 111,890.00
  • wbnbWrapped BNB (WBNB) $ 688.48
  • coredaoorgCore (CORE) $ 0.849714
  • pyth-networkPyth Network (PYTH) $ 0.147413
  • the-sandboxThe Sandbox (SAND) $ 0.345739
  • spx6900SPX6900 (SPX) $ 0.901066
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,839.41
  • based-brettBrett (BRETT) $ 0.084554
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999920
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.54
  • tether-goldTether Gold (XAUT) $ 3,301.85
  • zcashZcash (ZEC) $ 50.19
  • ethereum-name-serviceEthereum Name Service (ENS) $ 24.23
  • bitcoin-svBitcoin SV (BSV) $ 39.84
  • pax-goldPAX Gold (PAXG) $ 3,305.73
  • heliumHelium (HNT) $ 4.27
  • walrus-2Walrus (WAL) $ 0.586183
  • thorchainTHORChain (RUNE) $ 2.16
  • pendlePendle (PENDLE) $ 4.67
  • bittorrentBitTorrent (BTT) $ 0.00000077
  • jito-governance-tokenJito (JTO) $ 2.20
  • kaiaKaia (KAIA) $ 0.123866
  • dexeDeXe (DEXE) $ 12.60
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 110,298.00
  • flowFlow (FLOW) $ 0.444341
  • tezosTezos (XTZ) $ 0.669415
  • chain-2Onyxcoin (XCN) $ 0.020172
  • grassGrass (GRASS) $ 2.43
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999409
  • decentralandDecentraland (MANA) $ 0.348626
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.250392
  • usual-usdUsual USD (USD0) $ 0.997853
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.05
  • ousgOUSG (OUSG) $ 111.15
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,714.23
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • super-oethSuper OETH (SUPEROETH) $ 2,716.57
  • popcatPopcat (POPCAT) $ 0.589867
  • aerodrome-financeAerodrome Finance (AERO) $ 0.701318
  • apecoinApeCoin (APE) $ 0.715224
  • elrond-erd-2MultiversX (EGLD) $ 20.23
  • starknetStarknet (STRK) $ 0.182495
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009848
  • ketKet (KET) $ 0.563893
  • aioz-networkAIOZ Network (AIOZ) $ 0.479862
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 111,025.00
  • mog-coinMog Coin (MOG) $ 0.000001
  • dydx-chaindYdX (DYDX) $ 0.720852
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,787.27
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999754
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,886.54
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.005447
  • arweaveArweave (AR) $ 8.16
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,714.70
  • axie-infinityAxie Infinity (AXS) $ 3.20
  • kaitoKAITO (KAITO) $ 2.12
  • movementMovement (MOVE) $ 0.199417
  • wormholeWormhole (W) $ 0.110441
  • tbtctBTC (TBTC) $ 110,956.00
  • conflux-tokenConflux (CFX) $ 0.099843
  • neoNEO (NEO) $ 7.16
  • deepDeepBook (DEEP) $ 0.201569
  • eigenlayerEigenlayer (EIGEN) $ 1.65
  • true-usdTrueUSD (TUSD) $ 0.999632
  • roninRonin (RON) $ 0.748140
  • telcoinTelcoin (TEL) $ 0.005293
  • kavaKava (KAVA) $ 0.449089
  • pumpbtcpumpBTC (PUMPBTC) $ 108,733.00
  • ecasheCash (XEC) $ 0.000024
  • morphoMorpho (MORPHO) $ 1.73
  • akash-networkAkash Network (AKT) $ 1.73
  • aethirAethir (ATH) $ 0.051666
  • chilizChiliz (CHZ) $ 0.047933
  • ether-fiEther.fi (ETHFI) $ 1.42
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999702
  • saros-financeSaros (SAROS) $ 0.171228
  • beam-2Beam (BEAM) $ 0.008571
  • beldexBeldex (BDX) $ 0.062810
  • apenftAPENFT (NFT) $ 0.00000045
  • plumePlume (PLUME) $ 0.183008
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,709.72
  • wrapped-hypeWrapped HYPE (WHYPE) $ 35.58
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.10
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  • mantra-daoMANTRA (OM) $ 0.432812
  • syrupMaple Finance (SYRUP) $ 0.386209
  • turboTurbo (TURBO) $ 0.006011

This Altcoin’s Developers Announced They Are Shutting Down the Project Due to Lack of Funding

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This Altcoin’s Developers Announced They Are Shutting Down the Project Due to Lack of Funding

Zaros, one of the decentralized finance (DeFi) projects, announced that it has decided to terminate its activities due to insufficient funds.

In the official statement made by the project team, it was stated that many methods such as transformation, extending the financing chain and evaluating strategic options were tried in order to continue the project in the last five months, and that sustainable financing could not be achieved despite all efforts.

The Zaros team stated that two main factors played a role in the failure of the project: the product was released entirely at once, rather than in modules, and the timing of the launch of the ZRS token. The team emphasized that due to the customized architecture of the system, it could not be integrated with existing liquidity sources, which slowed down the development process. In addition, the issuance of the token before the product launch created a disadvantage in terms of financing, along with the extension of the planned schedule.

Zaros completed a $1.8 million investment round on May 23, 2024. Investors such as SNZ Holdings, Seven Capital, Cogitent Ventures, DCI Capital, as well as important names such as Antony Sassano, Fernando Martinelli, Kieran Warwick, Andy Chen, and Kevin Lu participated in this round. The project aimed to innovate in the field of perpetual futures using Liquid Stake Token (LST) and Liquid Restake Token (LRT) technologies.

The Zaros team also specifically stated that none of the co-founders sold ZRS tokens, as can be verified on-chain via Sablier.

*This is not investment advice.

Source

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