Harpie Crypto Project Shuts Down Amid Business Model Failure

Backed by Dragonfly and Coinbase, the Web3 project Harpie has announced its complete closure.

We’ve made the tough decision to shut down Harpie. Services will be shut down immediately.

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— Harpie (@harpieio) March 27, 2025

According to the official statement, the team aimed to create an ecosystem to protect crypto assets from theft. However, the platform failed to establish a sustainable business model.

Users are advised to disconnect their wallets from Harpie’s RPC via network settings. Platform representatives stated that a tool for withdrawing assets from storage will be available on the website in the coming days.

Harpie will also fulfill its commitments regarding promotional campaigns and the referral rewards program. Users can follow updates in the project’s official Discord community.

In July 2024, the StarkNet-based trading protocol ZKX closed due to economic difficulties.