DeFi Analytics Firm Parsec Shuts Down After Five Years

After five years in the industry, onchain analytics firm Parsec announced its closure on Feb. 19, 2026. CEO Will Sheehan noted that the 2022 collapse of FTX permanently altered the spot lending leverage environment. The FTX Fallout and Shifting Market Structures The on-chain analytics firm Parsec announced Feb. 19 that it would shutter operations after