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TapTools

avoid.net/taptools→38/100·78% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Summary

TapTools was Cardano's largest on-chain analytics platform, serving over one million users with token price tracking, DeFi monitoring, portfolio tools, and a data API used by hundreds of third-party Cardano projects since its 2022 launch. In June 2026, the platform announced it would wind down operations within two weeks after losing five senior executives — including both co-founders, its COO, its CTO, and a backend developer elevated to act as CTO — in the span of roughly one year. The shutdown, occurring alongside the closure of JPG Store (Cardano's largest NFT marketplace) and the cancellation of Cardano Summit 2026, contributed to a 10–30% ADA price decline and prompted Cardano founder Charles Hoskinson to warn of a broader 'wave of failures' across the ecosystem.

Connected Entities

1 entities · 10 linked investigations
Organizations
□TapTools
Relationships
    Also appears in
    edgeX Exchange·28Mach-O Man Malware Campaign (Lazarus / Chollima)·0Q2 2026 DeFi Record Hack Wave·0Alephium Bridge·18Bunni Protocol·28BitGrail·2Axiom DEX Insider Trading (Broox Bauer)·14Thorchain DEX·28Crossmint·70Falcon USD (USDf)·42
    Have evidence about TapTools?

    Timeline(8 events)

    2022-01-01

    TapTools launches on Cardano, providing token analytics, DeFi data, and portfolio tracking tools.

    crypto.news

    2026-01-01

    Both co-founders, the COO, and CTO depart TapTools within a short window. A backend developer is elevated to acting CTO.

    CoinTelegraph

    2026-04-23

    JPG Store, Cardano's largest NFT marketplace, enters restriction mode — disabling new listings, offers, loans, and minting.

    TokenPost

    2026-05-23

    JPG Store permanently closes all marketplace functionality.

    BeInCrypto

    2026-05-31

    Cardano community governance vote fails to reach the required two-thirds supermajority to fund the 2026 Cardano Summit in Singapore; the event is cancelled.

    CoinDesk

    2026-06-03

    TapTools announces it will wind down operations within two weeks after the acting CTO (the fifth senior departure) resigns. Cardano founder Charles Hoskinson posts 'I'm taking a break. TTYL' to X and warns of a 'wave of failures' in the ecosystem.

    CoinDesk

    2026-06-04

    ADA price falls below $0.20 for the first time in over five years.

    CoinDesk

    2026-06-06

    ADA price reaches $0.16, representing approximately 30% weekly decline and 70-75% year-over-year decline. Cardano social dominance hits a 2026 high of 0.52% amid community alarm.

    CoinDesk
    Provenance & Audit Trail

    Decision Log

    • #1publish⛓ pending7/25/2026, 11:22:08 PM
      hash: 14hTAnj68xWX97XqN9Z2Tttjsfc4hKGUpy3uTKyKKthi

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

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 7/25/2026, 11:21:59 PM

    last updated: 7/25/2026, 11:22:08 PM

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