- Osmosis outperforms other DEXes in terms of development activity
- Despite this, Cosmos’ TVL continues to decline, along with its trading volume
Osmosis, a DeFi project on the Cosmos blockchain, could be imperative for the latter’s growth in the DeFi space. This was because Osmosis managed to take a lead among DeFi protocols, such as MakerDAO and Lido in terms of development activity over the last few days.
As can be seen from the image below, Osmosis’ GitHub witnessed a spike, which suggested that its developers were actively contributing towards its GitHub. This growing activity could help Osmosis expand even further and have a positive impact on Cosmos’ DeFi efforts.
(By Suzuki Shillsalot)