Top 10 DeFi Altcoins by Developer Activity: Chainlink Leads the Pack

Top 10 DeFi Altcoins by Developer Activity: Chainlink Leads the Pack
Coindoo - 5/31/2025 7:02:12 PM - GMT (+0 )

31 May 2025
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22:00

Cryptocurrency analytics firm Santiment has released its latest rankings of developer activity across DeFi-themed altcoins, revealing notable shifts among top-performing projects.

The data is derived from public GitHub repositories, with Santiment employing filtering techniques to exclude artificial or non-substantive code changes.

Chainlink Reclaims Top Spot

Chainlink (LINK) has once again claimed the leading position in Santiment’s developer activity rankings. With a score of 492.87, LINK widened the gap significantly from the rest of the field, reflecting sustained development momentum in its ecosystem. The oracle network has consistently ranked high in prior reports and remains a cornerstone of the DeFi infrastructure.

Surprising Entry: DeFiChain Rises Despite Market Cap

A standout in the latest update is DeFiChain (DFI), which secured third place with a score of 221.77. Despite its small market capitalization of just $5.4 million, DFI has seen a surge in developer contributions, suggesting active work behind the scenes even as the token faces downward price pressure.

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DeepBook Protocol and Synthetix Follow Closely

DeepBook Protocol (DEEP) placed second with a score of 264.83, while Synthetix (SNX) held the fourth position at 151.53, continuing to attract developer interest due to its role in synthetic asset issuance.

Full Top 10 Developer Activity Rankings (Past 30 Days)

Chainlink (LINK) – 492.87
DeepBook Protocol (DEEP) – 264.83
DeFiChain (DFI) – 221.77
Synthetix (SNX) – 151.53
Liquity (LQTY) – 126.73
Lido DAO Token (LDO) – 116.17
Injective (INJ) – 99.00
Babylon (BABY) – 85.30
Coinbase Wrapped BTC (CBBTC) – 79.60
FOX Token (FOX) – 67.47

These rankings provide valuable insight into the ongoing development dynamics within the DeFi sector, highlighting both established leaders and emerging projects. Santiment’s approach underscores the importance of real developer contributions as an indicator of a project’s long-term viability and innovation potential.

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Kosta Gushterov

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