[At Least 10 Crypto Protocols Announced Shutdowns in the Past Two Months] In the past two months, at least 10 crypto protocols have announced shutdowns due to reasons such as insufficient users, lack of funds, or both. Angle announced the gradual shutdown of its EURA and USDA stablecoins, despite its total value locked once reaching $250 million. Projects like Polynomial and MilkyWay, although technically functional, closed due to insufficient market liquidity or failed transitions. ZeroLend, which bet on niche blockchains, shut down due to liquidity depletion and loss-making operations. Aave also voted to shut down certain on-chain services. The Parsec team admitted they failed to adapt to market changes, Slingshot ceased operations after being acquired, and Step Finance directly closed after losing $26 million to theft. These projects failed to adapt to market changes and lacked the funds to support transitions, but all experienced a 'dignified death,' without absconding with funds.