While the encryption market is struggling with continuous correction, some sectors still see a noticeable development activity. One of them is the decentralized financing space (Defi).
A tweet Through the intelligence platform on the series, Santiment unveiled the ten best Defi projects through development. These projects include leading entities such as Blockchain Oracle Network ChainLink (Link), decentralized stock exchange (DeXWAP (UNI), and Defi Application Adjective (Inj).
The best Defi projects in the last 30 days
According to the Santiment analysis, the ChaINLINK protocol has seen the ETHEREUM based on the highest development in the last 30 days. The network development activity hovering around 547.5 last month.
Despite seeing the highest development activity, the original Chainlink asset link decreases by more than 22 % per month. The original decreased from $ 17.9 and was trading about $ 13.9 at the time of writing this report, for each Data From Coinmarketcap.
The decentralized financial services network, which is decentralized in Bitcoin, has the second highest development activity in the past thirty days. Santimeit said the series’s development activity, which rose to 265.3. Unfortunately, this increase did not extend to the original Blockchain, DFI, as I did Decline More than 40 %. DFI deserved $ 0.0069 at the time of the press.
After Defichain is Deepbook on SUI (Deep), which is a central orders on the entire Dex series built on the Layer-1 Blockchain Sui. Deepbook’s development activity fell to 254.17 last month. On the other hand, the original origin of the protocol, deep, has lost Nearly half of its value in the last 30 days and changed its hands at $ 0.077 at the time of writing this report.
CBTC’s Coinbase joins the list
Synthetix came the derivative protocol without permission after the first three with the degree of development activity of 195.13. On the contrary, SNX, the original cryptocurrency of the ETHEREUM decentralized chain, He falls 13.6 % in the last 30 days. At the time of the press, it was trading about $ 0.83.
Coinbase Bitcoin (CBBTC) was the fifth largest development activity with 148.3 degrees. The American Crypto Excination Coinbase launched this origin in September 2024 on the ethereum network. It is supported 1: 1 by Bitcoin (BTC), which is kept by the trading platform. Since the value of the distinctive symbol is linked to BTC, it is worth the same as the leading cryptocurrency, which was value At $ 83,849 at the time of the press.
The LEDO protocol of the ethereum liquid protocol and the decentralized borrowing protocol liquidity had a remarkable development activity. It is worth noting that both the original assets of LQTY and Stablecoin Lusd participated in the increased development activity.
Meanwhile, hold the injection and the ninth and ten positions of development activity in the last thirty days.
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