list<\/a><\/strong>, based on GitHub development metrics, ranks the top 10 decentralized finance projects by developer activity, with directional indicators highlighting monthly rank changes.<\/p>\nDeepbook ($DEEP) climbed into second place, followed by DeFiChain ($DFI) in third. Ethereum-based Synthetix ($SNX) and Babylon ($BABY) round out the top five.<\/p>\n
Notably, Babylon and Deepbook saw significant increases in developer engagement compared to last month, signaling growing momentum.<\/p>\n
<\/p>\n
Here\u2019s the full top 10 list by development activity<\/h2>\n\n- Chainlink ($LINK)<\/li>\n
- Deepbook ($DEEP)<\/li>\n
- DeFiChain ($DFI)<\/li>\n
- Synthetix ($SNX)<\/li>\n
- Babylon ($BABY)<\/li>\n
- Lido DAO ($LDO)<\/li>\n
- Liquity ($LQTY)<\/li>\n
- Injective ($INJ)<\/li>\n
- Coinbase Wrapped BTC ($CBTC)<\/li>\n
- Fox Token ($FOX)<\/li>\n<\/ol>\n
Santiment\u2019s 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.<\/p>\n