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People still ask me if we’re in a bear market. Just look at what projects are doing, the answer is clear👇:
Jupiter:
On Feb 22, the community voted to pass a “net zero inflation” proposal with roughly 75% support. Jupuary 2026 airdrop is delayed indefinitely, and 700M JUP will be returned to the community cold wallet.
LayerZero:
Official docs pushed back mainnet launch, targeting within 2026.
Polynomial:
Entered shutdown phase on Feb 14, liquidations on Feb 18, liquidity layer closed on Feb 24, chain to halt on March 3.
ZeroLend:
Announced closure; TVL dropped from ~$359M to ~$6.6M, down 98%.
Parsec:
An on-chain analytics platform with 5 years of history, just announced shutdown.
Slingshot:
Officially announced sunset process back in September 2025 and completed discontinuation in January 2026.
USD1:
USD1 only dipped to $0.9942 and immediately triggered massive panic.