Cosmos used to be one of the hottest things back in 2021 to 2022, but now.. the projects using the cosmos ecosystem:
Cosmos Labs never did build the Eureka (IBC V2) bridge to Solana or Ethereum L2s.
Cosmos Labs never did address the super high inflation of the ATOM token.
A whole host of validators left, including CitadelOne and Cosmostation.
Noble went into maintenance mode, ending development of USDC and USDN.
Injective USDC never moved off EVM or became transferrable over IBC.
Neutron closed, taking Drop, Mars, Structured, Duality etc with it.
UX (formally Umee) closed.
Wormhole's legacy front end for Cosmos closed.
Saga got hacked, and rebranded to AI Labs.
Secret got hacked, and today announced a closure and move to Arbitrum.
Gravity Bridge got hacked.
Quicksilver got hacked.
Namada got hacked.
Thorchain got hacked.
Story protocol became the Data Foundation.
DyDx went into maintenance mode and instead set up Arcus on Robinhood chain.
Levana Perps closed.
Xion rebranded to Verona.
Om rebranded to Mantra, and now they're trying to get everyone to switch to NVNM.
Elys migrated to Base as Ryze.
MapOfZones is about to close.
BitFrost Cosmos bridge support is being ended.
Osmosis went into maintenance mode, following a failed merger with Cosmos Hub.
Polaris closed down.
Kava (Lend, Mint & Swap) went into maintenance mode.
Jackal closed.
Akash are leaving.
Leap Wallet closed.
Stargaze closed, migrated to the Hub, and no-one cared.
Stride never did find PMF. Liquid staking TVL has dropped to ~$5m.
Nillion closed.
Pulsar Finance closed.
Omniflix closed.
Milkyway closed.
Toki closed.
Dimension moved their liquidity to Solana.
Penumbra closed.
Pyth ending support for CosmWasm on 31st July.
Bitsong migrating liquidity to Base.
Pryzm closed.
Axelar team acquired by Circle.
Astroport went into maintenance mode, ending support for Neutron, Osmosis and Sei. Now only Terra supported.
Nomic never did properly launch or make their token tradable (forever compounding).
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Really shows how fast crypto moves.
https://x.com/AirdropGlideApp/status/2074839741170683918
