Chainlink has been ranked as the top DeFi project by Santiment, with a strong focus on development momentum and innovation in smart contract infrastructure.
DeepBook Protocol follows closely behind Chainlink in development activity, aiming to enhance decentralized exchange protocols and liquidity provision within the DeFi sector.
Despite leading in development, Chainlink's price has seen a decline of nearly 3% with a drop in trading activity by over 22% in the last 24 hours.
Chainlink is expanding its role beyond development by partnering with Mastercard to provide on-chain access to cryptocurrency for 3 billion Mastercard cardholders.