Traction

Developer Activity, ranked

Sustained engineering: contributor count, commit cadence and whether the roadmap ships.

One of the 25 variables in the framework. 251 tokens rated. Scoring pass 18 Sept 2026.

Median
5/10
mean 4.85
Scoring 9 or 10
0
of 251 rated
Composite link
0.76
correlation with total score
Market link
0.29
rank correlation with market cap, n=236
01

What this variable measures

Sustained engineering: contributor count, commit cadence and whether the roadmap ships.

A 10 means a deep, diverse, active contributor base. A 1 means an archive that has not moved in months.

Development is the leading indicator with the longest lead time. It turns before users do, in both directions.

02

What the universe says

Across 251 rated tokens the median score on Developer Activity is 5 of 10 and the mean is 4.85. No token scores 9 or 10, and 14 score 2 or below. Solana leads at 8 of 10.

Developer Activity correlates 0.76 with the composite score across the universe, which makes it strongly tied to overall standing. Tokens that win here tend to win everywhere, so a high score is confirmation rather than an edge.

Against live market capitalisation for the 236 tokens with a matched market row, Developer Activity carries a rank correlation of 0.29. The market leans this way but does not price it consistently, so the ranking below still contains disagreement worth using.

Developer Activity and Team Execution correlate 0.86, so reading both is close to reading one twice. Treat them as a single position on the same question rather than two independent confirmations.

Optimism (OP) scores 8 of 10 on Developer Activity, 1st of 251, on a market capitalisation under $500M. That gap between rank on this variable and rank by size is the whole reason to read the table rather than the top ten.

03

Distribution across the universe

8
1
6
2
30
3
50
4
75
5
50
6
24
7
8
8
0
9
0
10

Tokens at each score from 1 to 10. The shape matters: a variable where almost everything clusters at 3 is telling you the whole category fails it, not that one token is unusual.

04

All 251 tokens ranked

Sorted by score on this variable alone, so a token can lead here and rank poorly overall. That disagreement is the useful part: it is where a single-variable screen finds something the composite averages away.

251 crypto tokens ranked by Developer Activity, scored 1 to 10
#TokenDeveloper ActivityCompositeMarket capVerdict
1SOLSolanaHigh-throughput L1 with dominant DEX volume and meme coin launchpad traction. Network reliability improved significantly post-2023.8/10170$68.57BHOLD
2UNIUniswapFee switch live on 11+ chains. Protocol revenue $26-61M (P/S 57-73x). V4 on 18 chains, 2500+ hooks. 100M UNI burned but net inflationary (+1.43%/yr). BlackRock entered Feb 2026. a16z holds 41.5-55M UNI. $200M+ insider selling 2025. Unichain TVL $17.8-29.6M (not $532M). SEC safe harbor Apr 2026.8/10167$4.91BHOLD
3LINKChainlink70% oracle dominance. DTCC Q4 2026. SOC 2 Type 2. $500M/yr treasury sell pressure. 2 ETFs live.8/10165$10.01BHOLD
4SUISuiMove-language L1 with best TVL growth trajectory in 2025-2026. Strong DeFi traction but heavy vesting schedule is key risk.8/10146$4.63BHOLD
5CRVCurve Finance44% of ETH DEX fee revenue is extraordinary. veCRV/Convex lock-in. ATH -96% (not -99.6%, illiquid spike).8/10140$552.7MHOLD
6NEARNEAR Protocol43.7% of supply staked across 417 validators. TVL $185M (+58% since June). Buyback-issuance crossover claimed at revenue.near.org, gas fees still tiny.8/10135$6.64BCAUTIOUS HOLD
7ARBArbitrumLargest Ethereum L2 by TVL with Arbitrum One and Nova chains. Real DeFi hub but token governance hasn't yet captured protocol value effectively.8/10134$1.25BCAUTIOUS HOLD
8OPOptimismEthereum L2 with Superchain vision and OP Stack powering Coinbase Base. Real sequencer revenue but massive token vesting schedule is the key headwind.8/10123$273.9MCAUTIOUS HOLD
9ETHEthereumInstitutional settlement layer. Commodity classification. Burn collapsed but moat intact.7/10187$313.17BHOLD CORE
10WSTETHWrapped Lido Staked ETHLido's wrapped staked ETH, the DeFi collateral standard with about $17.7B TVL and native yield; dominant LST by every metric7/10185$11.76BHOLD CORE
11BTCBitcoin7/10183$1.67THOLD CORE
12MKRMaker / Sky7/10177not publishedHOLD CORE
13COWCoW Protocol7/10167$82.3MHOLD
14RETHRocket Pool ETH7/10159$946.8MHOLD
15AEROAerodrome Finance7/10157$794.7MHOLD
16MORPHOMorpho7/10157$1.75BHOLD
17LQTYLiquity7/10151$23.3MHOLD
18JUPJupiter7/10151$1.04BHOLD
19CETUSCetus Protocol7/10147$25.0MHOLD
20FLUIDFluid (Instadapp)7/10145$158.2MCAUTIOUS HOLD
21DRIFTDrift Protocol7/10142$14.3MHOLD
22ARArweave7/10140$274.9MHOLD
23INJInjective7/10139$727.9MCAUTIOUS HOLD
24KMNOKamino Finance7/10138$214.9MCAUTIOUS HOLD
25ENSEthereum Name Service7/10137$269.1MCAUTIOUS HOLD
26SAFESafe (formerly Gnosis Safe)7/10132$84.0MCAUTIOUS HOLD
27OLASOlas (Autonolas)7/10129$13.4MCAUTIOUS HOLD
28TAOBittensor7/10128$3.29BCAUTIOUS HOLD
29LITLighter7/10125$876.5MWATCH
30POLPolygon system Token7/10123$1.08BCAUTIOUS HOLD
31TIACelestia7/10120$432.0MCAUTIOUS HOLD
32TONToncoin7/10110$4.02BWATCH
33HYPEHyperliquid6/10193$19.71BHOLD CORE
34GEODGEODNET6/10169$137.0MHOLD
35SYRUPMaple Finance6/10168$268.1MHOLD
36ETHFIEther.fi6/10162$680.1MHOLD
37PENDLEPendle Finance6/10160$391.5MHOLD
38VIRTUALVirtuals Protocol6/10151$502.6MCAUTIOUS HOLD
39LDOLido DAO6/10146$353.8MHOLD
40GMXGMX6/10143$84.3MHOLD
41SKYSky (formerly Maker)6/10141$1.86BCAUTIOUS HOLD
42AVAXAvalanche6/10138$4.93BCAUTIOUS HOLD
43ACXAcross Protocol6/10137$30.5MCAUTIOUS HOLD
44JTOJito6/10134$263.0MCAUTIOUS HOLD
45SNXSynthetix6/10130$137.5MCAUTIOUS HOLD
46AKTAkash Network6/10129$210.6MCAUTIOUS HOLD
47GNOGnosis6/10128$316.6MCAUTIOUS HOLD
48RENDERRender Network6/10127$1.05BCAUTIOUS HOLD
49BERABerachain6/10127$76.8MCAUTIOUS HOLD
50LPTLivepeer6/10123$82.2MCAUTIOUS HOLD
51ORCAOrca6/10123$167.2MCAUTIOUS HOLD
52GRTThe Graph6/10121$297.6MCAUTIOUS HOLD
53VELOVelodrome Finance6/10121$46.1MCAUTIOUS HOLD
54MAVMaverick Protocol6/10121$13.1MCAUTIOUS HOLD
55VRTXVertex Protocol6/10121not publishedCAUTIOUS HOLD
56PRIMEEchelon Prime6/10119$14.8MWATCH
57MNDEMarinade6/10119$15.6MWATCH
58IMXImmutable X6/10117$156.3MWATCH
59XMRMonero6/10117$10.41BWATCH
60APTAptos6/10116$652.3MWATCH
61GNSGains Network6/10116$9.5MWATCH
62SSonic (prev. Fantom)6/10115$154.2MWATCH
63CFGCentrifuge6/10115not publishedWATCH
64TNSRTensor6/10112$27.8MWATCH
65FETFetch.ai (ASI Alliance)6/10109$522.8MWATCH
66BICOBiconomy6/10109$20.1MWATCH
67IOio.net6/10108$63.1MWATCH
68EIGENEigenLayer6/10107$226.1MWATCH
69PYTHPyth Network6/10107$557.2MWATCH
70GELGelato6/10107$498.0KWATCH
71SSVSSV Network6/10106$42.1MWATCH
72ZROLayerZero6/10106$850.4MWATCH
73GTCGitcoin6/10106$15.9MWATCH
74SCROLLScroll6/10102$4.7MWATCH
75ICPInternet Computer6/10102$1.75BWATCH
76FILFilecoin6/10101$867.2MWATCH
77MINAMina Protocol6/1098$121.4MPASS
78RADRadicle6/1097$19.5MPASS
79ATOMCosmos6/1096$899.5MPASS
80STRKStarknet6/1093$366.4MPASS
81WWormhole6/1092$93.6MPASS
82WLDWorldcoin6/1089$1.96BPASS
83CBETHCoinbase Wrapped Staked ETH5/10158$484.5MHOLD
84OKBOKB5/10145$2.75BHOLD
85BNBBNB5/10144$102.38BHOLD
86BANANABanana Gun5/10135$15.5MCAUTIOUS HOLD
87BGBBitget Token5/10135$1.37BCAUTIOUS HOLD
88RAYRaydium5/10129$670.5MCAUTIOUS HOLD
89CAKEPancakeSwap5/10123$698.0MCAUTIOUS HOLD
90HNTHelium5/10122$97.6MCAUTIOUS HOLD
91XRPXRP5/10121$90.31BCAUTIOUS HOLD
92ENAEthena5/10120$3.06BCAUTIOUS HOLD
93CHZChiliz5/10120$165.6MCAUTIOUS HOLD
94COMPCompound5/10119$234.1MWATCH
95STXStacks5/10118$697.8MWATCH
96WOOWOO Network5/10118$23.6MWATCH
97STGStargate Finance5/10117$20.1MWATCH
98JOETrader Joe5/10117$17.4MWATCH
99QNTQuant5/10116$3.53BWATCH
100KASKaspa5/10114$1.11BWATCH
101ADACardano5/10113$9.57BWATCH
102HBARHedera5/10112$4.09BWATCH
103GRASSGrass5/10111$457.9MWATCH
104FTMFantom5/10111not publishedWATCH
105MATICPolygon (Legacy)5/10110$1.08BWATCH
106KNCKyber Network5/10110$28.1MWATCH
107DYDXdYdX5/10109$113.2MWATCH
108PERPPerpetual Protocol5/10108$2.8MWATCH
109STORJStorj5/10108$12.3MWATCH
110ALCXAlchemix5/10108$6.6MWATCH
111OMMANTRA5/10108$29.1MWATCH
112XLMStellar5/10108$7.01BWATCH
113VELAVela Exchange5/10107not publishedWATCH
114RUNETHORChain5/10106$234.5MPASS
115SLNDSolend5/10106not publishedWATCH
116FXSFrax Share5/10105$28.3MWATCH
117QUICKQuickSwap5/10105$7.0MWATCH
118RPLRocket Pool5/10104$40.8MWATCH
119RDNTRadiant Capital5/10104$1.0MWATCH
120RONRonin5/10104$49.1MWATCH
121MLNEnzyme (Melon)5/10104not publishedWATCH
122RSRReserve Rights5/10104$100.3MWATCH
123KSMKusama5/10103$90.6MWATCH
124SHDWShadow Token5/10103$5.3MWATCH
125TRUTrueFi5/10102$1.1MWATCH
126APEApeCoin5/10102$146.9MWATCH
127ZECZcash5/10101$22.59BWATCH
128ATHAethir5/10101$132.9MWATCH
129ILVIlluvium5/10101$31.5MWATCH
130MCMerit Circle (Beam)5/10101not publishedWATCH
131GMTSTEPN5/10101$25.0MWATCH
132AUDIOAudius5/10101$22.7MWATCH
133SEISei5/10100$457.3MWATCH
134USUALUsual Protocol5/1099$23.6MPASS
135API3API35/1099$45.0MPASS
136FLRFlare5/1099$609.8MPASS
137IOTXIoTeX5/1098$34.2MPASS
138ALGOAlgorand5/1097$1.05BPASS
139COTICOTI5/1097$39.1MPASS
140SKLSKALE5/1097$26.6MPASS
141REQRequest5/1097$42.8MPASS
142POOLPoolTogether5/1096$176.3KPASS
143FLUXFlux5/1096$191.3KPASS
144CTSICartesi5/1096$27.7MPASS
145ZKZKsync5/1095$129.1MPASS
146BALBalancer5/1095$9.1MPASS
147INVInverse Finance5/1095$6.9MPASS
148CELOCelo5/1094$57.3MPASS
149GLMRMoonbeam5/1094$13.9MPASS
150RLCiExec5/1094$61.1MPASS
151OSMOOsmosis5/1093$26.6MPASS
152HOPRHOPR5/1092$8.7MPASS
153SNTStatus5/1092$38.1MPASS
154PONDMarlin5/1091$14.2MPASS
155TRBTellor5/1090$56.4MPASS
156PEAQpeaq5/1088$102.2MPASS
157GOGGuild of Guardians5/1086$960.1KPASS
158AAVEAave4/10156$2.65BHOLD
159LEOUNUS SED LEO4/10126$8.19BCAUTIOUS HOLD
160TRXTRON4/10125$31.81BCAUTIOUS HOLD
161GTGateToken4/10123not publishedCAUTIOUS HOLD
162KCSKuCoin Token4/10119not publishedWATCH
163ONDOOndo Finance4/10115$2.27BWATCH
164YFIYearn Finance4/10111$86.4MWATCH
165THETATheta Network4/10105$214.2MWATCH
166PENGUPudgy Penguins4/10104$535.4MWATCH
167DOTPolkadot4/10103$1.88BWATCH
168CVXConvex Finance4/10103$193.9MWATCH
169KLAYKlaytn4/10103not publishedWATCH
170CROCronos4/10102$3.12BWATCH
171VETVeChain4/10101$692.4MWATCH
172DASHDash4/10101$683.9MWATCH
173CORECore4/10100$29.2MWATCH
174BADGERBadgerDAO4/10100$6.4MWATCH
175CFXConflux4/1098$265.8MPASS
176NMRNumeraire4/1098$105.4MPASS
177ACHAlchemy Pay4/1097not publishedPASS
178ANKRAnkr Network4/1096$46.1MPASS
179ALPACAAlpaca Finance4/1095$138.7KPASS
180YGGYield Guild Games4/1095$22.5MPASS
181POLYXPolymesh4/1095$52.9MPASS
182CKBNervos Network4/1093$61.4MPASS
1831INCH1inch Network4/1093$138.1MPASS
184PROPPropy4/1093$35.2MPASS
185FARMHarvest Finance4/1093$5.1MPASS
186MBOXMOBOX4/1092$298.5KPASS
187ALPHAAlpha Venture DAO4/1091$483.2KPASS
188CELRCeler Network4/1090$22.9MPASS
189NANONano4/1090$46.6MPASS
190ETCEthereum Classic4/1090$1.32BPASS
191ALICEMy Neighbor Alice4/1089$16.9MPASS
192HIGHHighstreet4/1088not publishedPASS
193SXPSolar4/1088$2.5MPASS
194DENTDent4/1088$6.2MPASS
195BLASTBlast4/1087$4.9MPASS
196LEVERLeverFi4/1087not publishedPASS
197NOSNosana4/1086$52.5MPASS
198CANTOCanto4/1086$2.0MPASS
199EGLDMultiversX (prev. Elrond)4/1085$123.2MPASS
200ROSEOasis Network4/1084$62.0MPASS
201BLURBlur4/1084$55.8MPASS
202FORTHAmpleforth Governance4/1084$3.0MPASS
203MASKMask Network4/1082$45.8MPASS
204KAVAKava4/1080$71.7MPASS
205PRCLParcl4/1080$5.5MPASS
206AXSAxie Infinity4/1076$207.3MPASS
207MOVEMovement4/1067$40.6MPASS
208PAXGPAX Gold3/10141$1.79BHOLD
209LTCLitecoin3/10102$5.15BWATCH
210HTHuobi Token3/1098$16.3MPASS
211MXMEXC Token3/1094not publishedPASS
212BONKBonk3/1093$300.8MPASS
213MOBILEHelium Mobile3/1092$6.0MPASS
214XTZTezos3/1088$336.3MPASS
215FLOKIFLOKI3/1088$257.5MPASS
216AGLDAdventure Gold3/1086$18.0MPASS
217BONDBarnBridge3/1082$93.5KPASS
218WAXPWAX3/1081$26.9MPASS
219FLOWFlow3/1078$53.4MPASS
220LRCLoopring3/1078$13.2MPASS
221IOTAIOTA3/1078$248.2MPASS
222IDEXIDEX3/1077$838.1KPASS
223MANTAManta Network3/1076$31.1MPASS
224BTTBitTorrent3/1076$357.4MPASS
225MCBMCDEX3/1076$8.9MPASS
226SUSHISushiSwap3/1074$66.7MPASS
227RVNRavencoin3/1074$36.1MPASS
228BANDBand Protocol3/1073$40.8MPASS
229MODEMode Network3/1072$666.9KPASS
230SHIBShiba Inu3/1071$3.17BPASS
231NEONeo3/1068$166.5MPASS
232RBNRibbon Finance3/1068$1.7MPASS
233SUPERSuperVerse3/1067$144.5MPASS
234JASMYJasmyCoin3/1067$243.3MPASS
235MANADecentraland3/1066$197.1MPASS
236SANDThe Sandbox3/1058$219.2MPASS
237GALAGala Games3/1053$114.2MPASS
238ORDIORDI2/1096$88.5MPASS
239DOGEDogecoin2/1089$13.83BPASS
240NOTNotcoin2/1073$45.0MPASS
241ZILZilliqa2/1063$64.9MPASS
242SPELLSpell Token2/1063$16.0MPASS
243KDAKadena2/1050$3.0MPASS
244PEPEPepe1/1092$1.70BPASS
245WIFdogwifhat1/1088$227.9MPASS
246POPCATPopcat1/1073$46.9MPASS
247DOGSDOGS1/1062$22.6MPASS
248QTUMQtum1/1061$97.7MPASS
249MEMEMemecoin1/1057$36.6MPASS
250NEIRONEIRO1/1056$35.3MPASS
251ONEHarmony1/1048$32.9MPASS

Scores come from the research pass dated 18 Sept 2026 and do not move with price. Market capitalisation is from the live snapshot fetched 7 Oct 2026, so the two columns are stamped at different times on purpose.

05

Variables that move with this one

Correlations across all 251 rated tokens. A number near 1 means the two variables are close to the same measurement, which is worth knowing before treating a second high score as independent confirmation of the first.

06

Common questions

Which crypto tokens score highest on developer activity?
Solana (SOL) at 8, Uniswap (UNI) at 8, Chainlink (LINK) at 8, Sui (SUI) at 8, Curve Finance (CRV) at 8 lead the 251 rated tokens on Developer Activity, each scored 1 to 10 against the same definition.
What is a good developer activity score?
The median across the universe is 5 of 10 and the mean is 4.85, so anything at 7 or above sits well inside the top of the distribution. Only 0 of 251 tokens reach 9 or 10.
Does developer activity affect a token's market cap?
Rank correlation between Developer Activity and market capitalisation is 0.29 across 236 tokens with live market data. That is a weak relationship, so the market prices it only partly.

Keep reading

Research and analysis, not investment advice. Correlations describe the rated universe at one point in time and are not predictions.