Odaily Planet Daily reports that on-chain data analytics platform Parsec has officially ceased operations. The team stated on its website and social media that the project has stopped service after five years of operation and is currently processing refunds and canceling all valid subscriptions. Launched in early 2021, Parsec provided a customizable on-chain data terminal and analytics platform, supporting users in building data dashboards and visualization tools for DeFi, NFTs, and other fields, and offering API interface services. Its Parsec Agent also attempted to combine Large Language Models (LLM) for on-chain research and analysis, including market prediction, social sentiment, and market activity monitoring. The project had completed a $1.25 million seed round and a $4 million seed extension round, with investors including Galaxy Digital, Polychain Capital, Robot Ventures, and Uniswap Ventures.
On-chain analytics tool Parsec announces it is ceasing operations.
2026-02-19 22:30:05
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