Seven DeFi Protocols the Market Wrote Off Are Still Actively Building

1 month ago 23

Rommie Analytics

Key Takeaways

  • LINK dev activity score: 211.53 – more than 2x second place.
  • DEEP (DeepBook): 104.23, second place, $148.92M market cap.
  • LDO (Lido DAO): 39.37, rising, $316.42M market cap.
  • EUL (Euler Finance): 30.73, rising, $33.07M market cap.
  • INJ (Injective): 25.67, rising, $367.84M market cap.
  • Rising development activity: 7 of 10 projects month over month.
  • Stable: LINK, DEEP, UNI – 3 of 10.

One Project, A Different League

Santiment’s development activity ranking measures GitHub events, not commits, not forks inherited from other projects, but original development work filtered to exclude low-value actions. By that measure, ChainLink is not the top DeFi project by development activity. It is in a separate category fr...

Read Entire Article