Top 10 DeFi Projects by Development This Month

According to a new report by Santiment, Chainlink ($LINK) has maintained its dominant position as the most actively developed DeFi project over the past 30 days.

The list, based on GitHub development metrics, ranks the top 10 decentralized finance projects by developer activity, with directional indicators highlighting monthly rank changes.

Deepbook ($DEEP) climbed into second place, followed by DeFiChain ($DFI) in third. Ethereum-based Synthetix ($SNX) and Babylon ($BABY) round out the top five.

Notably, Babylon and Deepbook saw significant increases in developer engagement compared to last month, signaling growing momentum.

Here’s the full top 10 list by development activity

1. Chainlink ($LINK)
2. Deepbook ($DEEP)
3. DeFiChain ($DFI)
4. Synthetix ($SNX)
5. Babylon ($BABY)
6. Lido DAO ($LDO)
7. Liquity ($LQTY)
8. Injective ($INJ)
9. Coinbase Wrapped BTC ($CBTC)
10. Fox Token ($FOX)

Santiment’s data suggests continued developer commitment to oracle and synthetic asset platforms, with Chainlink and Synthetix showing steady contributions. The rise of Cosmos-based Babylon also reflects increasing cross-chain innovation in the DeFi space.

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