2026 Layer 2 Graveyard: 10 Shutdowns in 9 Months

At their peak, these ten Ethereum L2s held about $3.5B. Blast alone had $2.51B. Now every one of them is closed or closing.

Half found their users a new home: four sent them back to Ethereum, and Immutable X merged into Immutable zkEVM. The other half, Blast, Loopring, Mint, Redstone and Zero, just turned the lights off.

The tokens tell the rest. Every one still trading is down 96% or more from its high.