Top 10 DeFi Altcoins Under Development in the Past Month: Key Findings Emerge

Crypto analytics platform Santiment has revealed the top 10 decentralized finance (DeFi) altcoin projects with the highest development activity over the past 30 days, based on GitHub data. These projects are gaining traction for their focus on innovation in DeFi. 💰 The list shows which projects have been receiving significant attention from developers in recent weeks. Here’s a closer look at the leading contenders: 💻

* **ChainLink (LINK):** At the top of the list, Chainlink (LINK) has driven substantial development activity. With a market cap exceeding $15.53 billion, it recently experienced a significant price drop of 358% in the past 24 hours. Despite this steep decline, developers continue to work on Chainlink’s future roadmap. 📉
* **DeepBook Protocol (DEEP):** Coming in second place with a market cap of $450.12 million, Deepbook Protocol has demonstrated strong developer engagement. This altcoin shows signs of resilience even amidst volatility.
* **DeFiChain (DFI):** Despite ranking third on the list, DeFiChain (DFI) experienced a notable 17% price drop in the last 24 hours and continues to exhibit high development activity, highlighting its potential for future growth.

* **Other Promising Projects:** The list also features other noteworthy projects like Babylon (BABY), FOX Token (FOX), Liquidity (LQTY), Lido DAO Token (LDO). These projects are contributing to the growing DeFi landscape.

**Important Disclaimer: This article is not investment advice.**

Continue reading for a deeper look into these developing DeFi projects and their potential impact on the industry.