Cryptocurrency analytics firm Santiment shared the projects with the most active developer communities in the yield farming sector, based on 30 days of GitHub data.
According to the company’s published list, yearn.finance ($YFI) topped the list in terms of developer activity, while Aave ($AAVE) and Gearbox Protocol (GEAR) also stood out in the top rankings.
According to Santiment data, some projects rose in the rankings, while others fell compared to last month. Yearn.finance, Gearbox Protocol, Katana and the Ethereum and Arbitrum versions of SushiSwap particularly stood out and showed increased developer activity.
Based on developer activity over the past 30 days, the most prominent projects in the yield farming sector are ranked as follows:
- desire.finance ($YFI) – 14.27
- Aave ($AAVE) – 5
- Gearbox Protocol (GEAR) – 3.33
- Katana (KAT) – 3.1
- Beefy.Finance (BIFI) – 3.07
- Inverse Financing (INV) – 0.9
- Alchemix (ALCX) – 0.833333
- QuickSwap (QUICK) – 0.733333
- SushiSwap ($SUSHI) [Ethereum] – 0.6
- SushiSwap ($SUSHI) [Arbitrum] – 0.6
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The yield farming sector has suffered losses, especially after Aave was indirectly hit by a major hacking incident last month.
*This is not investment advice.