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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.