DeFi’s Top 10: The Most Frenetically Built Projects Dominating 2025

While Wall Street still debates whether blockchain is a ’phase,’ these DeFi projects are shipping code like there’s no tomorrow. Here’s who’s actually building—not just hyping—the future of finance.

No fluff, no VC slides—just raw GitHub commits and protocol upgrades. The kind of progress that makes TradFi’s ’innovation labs’ look like retirement homes.

Bonus reality check: If your bank’s idea of ’cutting-edge’ is a new mobile app button, maybe time to rethink where real financial evolution lives.

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Here’s a quick look at Santiment’s top 10 DeFi projects by development activity:

• Chainlink (492.87)
• DeepBook (264.83)
• DeFiChain (221.77)
• Synthetix (151.53)
• Liquity (126.73)
• Lido DAO (116.17)
• Injective (99.00)
• Babylon (85.30)
• Coinbase Wrapped BTC (79.60)
• FOX Token (67.47)

The list reflects an evolving DeFi landscape where code commits—not just price charts—tell the real story of ongoing innovation.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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