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Leap Wallet

avoid.net/leap-wallet→42/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Summary

Leap Wallet was a non-custodial multi-chain crypto wallet founded in 2021 and backed by $3.2 million from Pantera Capital and CoinFund. Originally built for the Terra ecosystem, it pivoted to Cosmos after Terra's 2022 collapse and grew to support 100+ chains. On April 3, 2026, the team announced permanent cessation of all products effective May 28, 2026, without disclosing a specific reason, creating an eight-week compressed migration window that raised user security concerns.

Connected Entities

1 entities
Organizations
□Leap Wallet
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    Timeline(7 events)

    2021-11-01

    Leap Wallet founded by Sanjeev Rao in Vancouver, British Columbia, with a $50,000 grant from Terraform Labs. Initial product is a Terra ecosystem browser extension.

    FinanceFeeds / Crypto.news

    2022-04-05

    Leap announces $3.2 million private token sale co-led by CoinFund and Pantera Capital, with participation from Arrington Capital, Accel, and Terraform Labs. Implied valuation approximately $40 million.

    Business Wire

    2022-05-01

    Terra blockchain collapses. Terraform Labs — an investor in Leap — fails. Leap begins pivoting to the broader Cosmos ecosystem.

    CoinDesk / FinanceFeeds

    2022-07-01

    Leap begins building on the Cosmos interchain. Within approximately one year, the team reports over 300,000 users across its product suite.

    Crypto.news

    2026-04-03

    Leap Wallet announces permanent shutdown of all products effective May 28, 2026. Affected products include the browser extension, iOS and Android apps, Compass Wallet, Swapfast, the Leap Cosmos Hub validator, and Leap Cosmos Snaps. No specific reason disclosed.

    The Block / Crypto Briefing / KuCoin

    2026-05-28

    All Leap Wallet products permanently cease operation. The leapwallet.io domain displays a farewell page. Users who have not exported recovery phrases by this date must retain their seed phrase to recover funds via a compatible wallet.

    Leap Wallet official page / Crypto Briefing

    2026-08-04

    Crypto Times reports that over 100 crypto projects shut down in H1 2026, citing RootData data, listing Leap Wallet among the closures and attributing the broader wave to financial exhaustion rather than fraud.

    Crypto Times
    Provenance & Audit Trail
    11 Wayback Archives

    Decision Log

    • #1publish⛓ pending8/15/2026, 11:22:30 PM
      hash: 55LgoTnT19ZMmSUQtXhZ7Yq8eDoPDKe6pxxNdA6yLHgV

    11 of 15 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 8/15/2026, 11:22:23 PM

    last updated: 8/16/2026, 7:16:35 AM

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