Cryptocurrency analysis company Santiment shared the 10 DeFi-themed altcoins that crypto developers focus on most in its latest report.
Santiment analysts based the list on code changes on public Github pages of open-source cryptocurrency projects. The company also says it uses a system to prevent fake changes from creating the perception of high developer activity.
Compared to the previous list, there are significant changes in the list. Chainlink (LINK), which ranked high in almost all developer activity scores, has returned to the first position in the new list, significantly widening the gap with the second-placed altcoin.
However, it is also noteworthy that DeFiChain (DFI), which is known for its price drops and is the smallest altcoin on the list with a total market value of only $5.4 million, is at the top of the list.
Here is the list compiled by Santiment showing developer activity ranking and developer score in the last 30 days:
- ChainLink (LINK) – 492.87
- DeepBook Protocol (DEEP) – 264.83
- DeFiChain (DFI) – 221.77
- Synthetix (SNX) – 151.53
- Liquidity (LQTY) – 126.73
- Lido DAO Token (LDO) – 116.17
- Injective (INJ) – 99
- Babylon (BABY) – 85.3
- Coinbase Wrapped BTC (CBBTC) – 79.6
- FOX Token (FOX) – 67.47
*This is not investment advice.
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