TL;DR
Some of the DeFi projects making the list include Synthetix, Uniswap, and Osmosis.
The methodology for measuring development activity focuses on filtering meaningful programming events across blockchains, emphasizing community size and other factors.
The Same Leaders
Crypto analytics platform Santiment recently estimated the top 10 Decentralized Finance (DeFi) projects in terms of monthly development activity.
Synthetix Network, with an index of 266.57, takes the first spot. The price of the native token SNX is up around 5% on a 30-day scale, currently trading at approximately $1.40 (per CoinGecko’s data). Still, it is far from the yearly top of $5.10 registered in March and the all-time high of over $27 witnessed in February 2021.
SNX Price, Source: CoinGecko
dydx (DYDX) comes second, collecting an index of 170.93. Unlike SNX, the asset’s price has fallen substantially in the last month, plunging by nearly 15% and dropping well below $1. It is interesting to note that SNX a
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