Market Capitalization:2 314 721 985 707,3 USD
Vol. in 24 hours:49 825 155 472,88 USD
Dominance:BTC 58,39%
ETH:10,18%
Market Capitalization:2 314 721 985 707,3 USD
Vol. in 24 hours:49 825 155 472,88 USD
Dominance:BTC 58,39%
ETH:10,18%
Market Capitalization:2 314 721 985 707,3 USD
Vol. in 24 hours:49 825 155 472,88 USD
Dominance:BTC 58,39%
ETH:10,18%
Market Capitalization:2 314 721 985 707,3 USD
Vol. in 24 hours:49 825 155 472,88 USD
Dominance:BTC 58,39%
ETH:10,18%
Market Capitalization:2 314 721 985 707,3 USD
Vol. in 24 hours:49 825 155 472,88 USD
Dominance:BTC 58,39%
ETH:10,18%
Market Capitalization:2 314 721 985 707,3 USD
Vol. in 24 hours:49 825 155 472,88 USD
Dominance:BTC 58,39%
ETH:10,18%
Market Capitalization:2 314 721 985 707,3 USD
Vol. in 24 hours:49 825 155 472,88 USD
Dominance:BTC 58,39%
ETH:10,18%
Market Capitalization:2 314 721 985 707,3 USD
Vol. in 24 hours:49 825 155 472,88 USD
Dominance:BTC 58,39%
ETH:10,18%
Market Capitalization:2 314 721 985 707,3 USD
Vol. in 24 hours:49 825 155 472,88 USD
Dominance:BTC 58,39%
ETH:10,18%
Market Capitalization:2 314 721 985 707,3 USD
Vol. in 24 hours:49 825 155 472,88 USD
Dominance:BTC 58,39%
ETH:10,18%
Yes
>>DeFi analytics company Parsec ceases operations after five years.

DeFi analytics company Parsec ceases operations after five years.

crypthub
DeFi analytics company Parsec ceases operations after five years.

The FTX Fallout and Shifting Market Structures

Onchain analytics firm Parsec announced its closure on Feb. 19, 2026, after five years in the industry. CEO Will Sheehan attributed the decision to the 2022 collapse of FTX, which permanently altered the spot lending leverage environment. The event significantly disrupted market dynamics and operational models within the sector.

Industry Impact and Operational Closure

The firm cited ongoing challenges stemming from the FTX fallout, including reduced lending activity and shifting market structures. Parsec confirmed it would cease operations following the announcement, marking the end of its role in on-chain analytics. The closure reflects broader industry adjustments in response to evolving financial conditions.