Chainlink, Deepbook, and DeFiChain Lead DeFi Development Activity Rankings
Blockchain analytics platform Santiment has released its latest rankings of the top 10 DeFi projects by development activity, with Chainlink ($LINK) taking the lead once again.
The data tracks GitHub commits and code contributions over the last 30 days, providing insight into real developer engagement across the DeFi sector.
According to the report, Chainlink, Deepbook Protocol ($DEEP), and DeFiChain ($DFI) are currently the most actively developed DeFi projects, measured by the number of notable code commits and updates.
Top 10 DeFi Projects by Development Activity
- Chainlink (LINK) – 363.73 dev activity score
- Deepbook (DEEP) – 193.57
- DeFiChain (DFI) – 152
- Synthetix (SNX) – 107.37
- Babylon (BABY) – 99.3
- Lido DAO (LDO) – 93.03
- Liquity (LQTY) – 84.77
- Injective (INJ) – 67.53
- Coinbase Wrapped BTC (CBTC) – 62.17
- FOX (FOX) – 51.8
These rankings reflect consistent development effort on each project’s repositories, suggesting ongoing feature rollouts, protocol improvements, or infrastructure upgrades.
Chainlink and Synthetix Dominate Ethereum-Based DeFi
Among Ethereum-native protocols, Chainlink and Synthetix stand out for their high GitHub activity. Chainlink continues to expand its oracle network across chains, while Synthetix focuses on synthetic asset issuance and perpetual trading infrastructure.
Meanwhile, up-and-coming projects like Babylon and Deepbook are gaining ground, signaling fresh development momentum outside the usual DeFi incumbents.
A Signal of Project Health and Long-Term Viability
Santiment’s rankings are based on contributions tracked across more than 4,000 crypto projects, with the firm emphasizing that sustained development is often a key sign of long-term resilience and innovation in crypto ecosystems.
For investors and analysts, this data offers a valuable lens beyond price charts—showing which projects are still building in real time, regardless of market conditions.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
