In its statement, cryptocurrency analysis company Santiment listed the DeFi altcoins that software developers have focused on the most in the last month.
According to analyst data, the altcoin that cryptocurrency developers focused on most in the last month was Synthetix (SNX), although there is a small difference between it and the second one. SNX's developer score was measured as 233.87.
On the other hand, dYdX (DYDX) ranked second with 224.93 points. In last month's list, DYDX was ranked first.
In third place is Osmosis (OSMO), which was also in third place in last month's list, with a developer score of 167.57.
The DeFi altcoins that developers focused on the most in the last 30 days are listed as follows:
- Synthetix (SNX) – 233.87
- dYdX (DYDX) – 224.93
- Osmosis (OSMO) – 169.57
- Lido DAO Token (LDO) – 134
- Injective (INJ) – 110.1
- Radix (XRD) – 96.17
- Uniswap (UNI) – 94.7
- Centrifuge (CFG) – 74.47
- Fox Token (FOX) – 70.7
- Sora Validator Token (VAL) – 50.97
Santiment uses Github data when calculating these developer scores. Since the majority of cryptocurrency projects are open source, changes made by developers in the last month can also be detected. In this way, Santiment analysts can determine how much developer activity is present in which altcoin project.
*This is not investment advice.