According to Santiment, the current rankings of crypto lending protocols based on developer activity highlight where builders are most actively improving code, deploying updates, and contributing to the long-term health of the ecosystem.

High developer activity often indicates:

• ongoing product innovation
• rapid response to bugs and security issues
• fresh feature deployments
• stronger long-term fundamentals

Here are the top lending protocols currently showing the most robust developer engagement:

These protocols are attracting developer attention — a signal that they may be better positioned to capture growth as DeFi credit markets continue evolving.

Developer activity should be used alongside other metrics (TVL, borrow rates, utilization, audit history) to assess overall risk and opportunity.