Donut 🍩 (@donutapp) — Twitter Score 20 out of 1000

Donut is a defunct consumer crypto investment and DeFi yield application that ceased operations after a third-party bankruptcy left customer funds inaccessible. Donut's Twitter Score is 20 out of 1000 as of September 2026, ranking #48,739 among 486,860 tracked accounts.

Donut was co-founded by Neel Popat, Jordan Abderrachid, Dan Spooner, and Julian Lehr, originally incorporated as Donut Technologies GmbH before operating in California as Donut App, Inc. The company launched in 2018 with the goal of making digital-asset investing more accessible to everyday consumers. It raised a seed round of $1.8M in March 2019, led by Redalpine, followed by an additional $2M in June 2021, bringing total funding to $3.8M. Earlier backers also included Entrepreneur First, EarlyBlock, and Inventures.

Donut offered interest-bearing accounts under the Save, Build, and Grow product lines, converting user deposits in USD to USDC and lending those assets to third parties. The products carried no FDIC or SIPC protections. The platform had previously been affiliated with Compound and used Wyre as a custodial-services provider. A significant portion of assets had been placed with Genesis Global Capital as a creditor relationship. When Genesis declared bankruptcy in January 2023, Donut had already suspended consumer withdrawals on November 17, 2022. On March 23, 2023, the California DFPI issued a Desist and Refrain Order directing Donut and CEO Neel Popat to stop offering unqualified securities. The company's bio now confirms it has permanently closed.

Donut has published 2,516 posts and has 3,741 followers as of September 2026 on the platform. The account has been mentioned by 13 accounts, with 22 total mentions.

Who follows Donut on X?

The accounts that follow Donut include 81 founders, 23 angel investors, 19 influencers and 3 VCs. Among them are Robert Leshner, Yano, Banteg, DeFi Dad defidad.eth, Matthew Graham and Cuy Sheffield.