On-chain analysis tool Parsec announces it will cease operations

UNI-3,01%

Odaily Planet Daily reports that the on-chain data analysis platform Parsec has officially shut down operations. The team announced on their official website and social media platforms that after five years of service, the project has ceased operations and is currently processing refunds and canceling all active subscriptions.

Parsec was launched in early 2021, offering customizable on-chain data terminals and analysis platforms that support users in building dashboards and visualization tools for DeFi, NFTs, and other sectors, as well as providing API services. Its Parsec Agent also attempted to incorporate large language models (LLMs) for on-chain research and analysis, including market prediction, social sentiment analysis, and market activity monitoring.

The project previously completed a $1.25 million seed round and a $4 million seed extension funding, with investors including Galaxy Digital, Polychain Capital, Robot Ventures, and Uniswap Ventures.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

UNI and AAVE are first in line! Analyst: The current draft crypto market law could severely damage the DeFi yield myth

10x Research warns that if the CLARITY Act is passed, it will ban stablecoin balance yield, potentially impacting DeFi protocols and related tokens. Returns would be funneled back to the traditional financial system, leading to reduced market competition, and many DeFi projects will face strict regulation.

CryptoCity04-03 03:41

Top 100 cryptocurrencies by market cap today: price changes — M up 6.51%, UNI down 12.10%

On April 2, among the top 100 cryptocurrencies, MemeCore had the highest gain at 6.51%, while Uniswap had the largest decline at 12.10%. Overall, market volatility was clearly evident.

GateNews04-02 16:02

Uniswap v2/v3/v4 Full Versions Launch on the Linea zkEVM Network

Gate News update, April 2, Uniswap announced that Uniswap v2, v3, and v4 are now live on the Linea network. Linea is a zkEVM L2 scaling network built by Consensys. Currently, Linea is available on the Uniswap web app and the Uniswap API, and Uniswap Wallet for iOS and

GateNews04-02 14:00

Uniswap Foundation Says Current Treasury Could Fund Operations Through January 2027

The Uniswap Foundation's unaudited financial snapshot for 2025 shows $49.9 million in cash, 15.1 million UNI, and 240 ETH, enough to fund operations until January 2027. It plans $106.2 million for grants and incentives, emphasizing its role in ecosystem support.

CryptoNewsFlash04-02 09:45

Uniswap Founder: Centralized projects should not call themselves DeFi; there must be a clear distinction between CeFi and DeFi

Gate News message, April 2, Uniswap founder Hayden Adams posted on the X platform, saying that centralized projects must be prevented from calling themselves DeFi. He said that if a project has an admin key that can empty all funds, then the project is CeFi rather than DeFi. Hayden Adams emphasized that if this is not distinguished, DeFi will be meaningless and its brand will be destroyed. He also noted that any version of Uniswap does not have an admin key that can empty funds.

GateNews04-02 05:30
Comment
0/400
No comments