🧑‍💻 Here are crypto's top 10 DeFi projects by development. Directional indicators represent each project's ranking positioning since last month:

📈 1) DeFiChain $DFI 🥇

📈 2) Synthetix $SNX 🥈 (On Ethereum)

📈 3) Lido DAO $LDO 🥉

📈 4) Liquity $LQTY

📈 5) Liquity USD $LUSD

📈 6) Injective $INJ

📈 7) Uniswap $UNI (On Ethereum)

📈 8) Foxcoin $FOX

📈 9) Curve $CRV (On Ethereum)

📈 10) Curve $CRV (On Arbitrum)

Read about Santiment's methodology for covering development activity for over 4,000 projects.

📉 As cryptocurrencies continue to feel the pain in a tumultuous 2025, here are the projects that have shed the most value by percentage (among $500M+ market caps) in the past 30 days:

🪙 Verum $VERUM: -68%

🪙 HEX $HEX: -56%

🪙 PulseX $PLSX: -55%

🪙 Jupiter $JUP: -38%

🪙 Injective $INJ: -34%

🪙 Lido DAO $LDO: -34%

🪙 Official Trump $TRUMP: -34%

🪙 Optimism $OP: -34%

🪙 Trillioner $TLC: -34%

🪙 Hedera $HBAR: -33%

🧑‍💻 Here are crypto's top 10 DeFi projects by development. Directional indicators represent each project's ranking positioning since last month:

➡️ 1) Chainlink $LINK 🥇
➡️ 2) Synthetix $SNX 🥈
➡️ 3) Deepbook $DEEP 🥉
📈 4) Injective $INJ
📉 5) Radix $XRD
📈 6) Curve $CRV
➡️ 7) Defichain $DFI
➡️ 8) Lido DAO $LDO
📉 9) dYdX $DYDX
📈 10) FOX $FOX

Read about Santiment's methodology for covering development activity for over 3,500 projects.

📊 Bitcoin sits at just under $97K, and Ethereum back below $3.4K. The first week of January has still been mostly a bullish rebound to crypto's fade at the end of 2024. Altcoins like Stellar (+26%), Injective (+24%), & Cardano (+19%) look to continue their strong weeks.

🧑‍💻 Here are crypto's top 10 DeFi projects by development. Directional indicators represent each project's ranking positioning since last month:

➡️ 1) Synthetix $SNX 🥇
📈 2) DeepBook $DEEP 🥈
📈 3) Radix $XRD 🥉
📈 4) Injective $INJ
📉 5) dYdX $DYDX
📈 6) Defichain $DFI
📈 7) Request $REQ
📉 8) Lido DAO $LDO
📉 9) Osmosis $OSMO
📉 10) Fox $FOX

Read about Santiment's methodology for covering development activity for over 3,500 projects!

🧑‍💻 Here are crypto's top 10 DeFi projects by development. Directional indicators represent each project's ranking positioning since last month:

➡️ 1) Synthetix $SNX 🥇
➡️ 2) dYdX $DYDX 🥈
➡️ 3) Lido DAO $LDO 🥉
➡️ 4) Injective $INJ
📈 5) Uniswap $UNI
📈 6) Fox $FOX
📉 7) Osmosis $OSMO
📈 8) Maker $MKR
📈 9) Origin $OGV
📈 10) Sora Validator Token $VAL

Read about Santiment's methodology for covering development activity for over 3,400 projects!

📊 Altcoins such as Injective (INJ), Render (RENDER), and Polygon (MATIC) are among several that saw plenty of price anomalies after whale exchange wallet supply suddenly shifted to whale cold wallet supply. These anomalies are fantastic as both short & long term signals.

🧑‍💻 Crypto's top 10 DeFi projects by development. Directional indicators represent each project's ranking positioning since last month:

➡️ 1) Synthetix $SNX 🥇
➡️ 2) dYdX $DYDX 🥈
📈 3) Lido DAO $LDO 🥉
📈 4) Injective $INJ
📉 5) Osmosis $OSMO
📈 6) Uniswap $UNI
📈 7) Fox $FOX
➡️ 8) Centrifuge $CFG
📉 9) Maker $MKR
📈 10) Origin DeFi Governance $OGV

Read about Santiment's methodology for covering development activity for over 3,000 projects.

🧑‍💻 Here are crypto's top DeFi-related coins by notable development activity in the past 30 days.

Directional indicators represent each project's ranking rise or fall since last month:

📈 1) Synthetix $SNX 🥇

📉 2) DyDx $DYDX 🥈

➡️ 3) Osmosis $OSMO 🥉

➡️ 4) Lido DAO $LDO

📈 5) Injective $INJ

📈 6) Radix $XRD

📈 7) Uniswap $UNI

📈 8) Centrifuge $CFG

📉 9) Fox $FOX

➡️ 10) Sora Validator $VAL

Check out our DeFi watchlist here to track development activity fluctuations, and see which are flashing on-chain or social bullish sign.

Read about the Santiment methodology for pulling github activity data from project repositories, and why it is so useful for crypto trading: https://medium.com/santiment/a-different-look-into-blockchain-ecosystem-development-activity-f34f32180482

Grab a free 2-week trial to Sanbase PRO and enjoy all of the top metrics that our traders users to increase profits and make better informed crypto trading decisions.

1. MVRV 7d/30d near yearly lows:

2. Increasing whales balances (from $3.5M):

Charts: https://app.santiment.net/s/SHxX_c8r