Epik lost tens of thousands of domains under management in January, as customers spooked by the company’s financial troubles transferred their names to other registrars.
The latest registry transaction reports show a net transfer loss of 30,596 domains in the month, with 32,287 outbound and 1,691 inbound transfers. That’s a pretty big leap up from December, where the net loss was 20,687 names.
For comparison, that’s second only to GoDaddy, whose primary accreditation had almost 66 million domains and just 63,943 outbound transfers in January.
The total number of outgoing transfers between September, when Epik’s current management took over, and January, is over 100,000.
Epik’s DUM has slid from 792,554 at the end of September to 684,691 at the end of January.
New domain creates have also fallen off a cliff. Having reliably added a low five-figure number every month last year, Epik added just 5,158 new domains in January, less than half as many as December.
The exodus began when customers started reporting problems taking money out of their accounts and allegations of financial mismanagement emerged. Hundreds of thousands of dollars, at least, are owed, and there’s at least one customer lawsuit.
We’re very much in run-on-the-bank territory.
None of these numbers include ccTLDs, for which data is not available. The gTLD numbers are delayed by three months due to ICANN policy.