preferred on
Points of Focus
- More than half of crypto tokens launched since 2021 are no longer actively traded, according to CoinGecko.
- High-APR liquidity programs boost TVL quickly, but that capital leaves once incentives fall.
- LP Bonds separate user exits from liquidity withdrawals by making locked positions tradeable.
More than half of every crypto token ever launched is already dead. CoinGecko counts roughly 20.2 million tokens listed since 2021, and 53.2% of them are no longer actively traded. 11.6 million of those deaths happened in 2025 alone, the worst single year on record.
Unlock premium content
Share
Most read articles
Tommy WorldPower
Tommy WorldPower is the Founder and CEO of Energi, an EVM-compatible blockchain he launched in 2017, and GonnaMakeIt, the NFT marketplace built on Energi's security infrastructure. He invented LP Bond NFTs and Decentralized Governance on the EVM. In crypto since 2013, he has been building DeFi liquidity infrastructure since the early days of the space.
