With the bear market, some protocols may lack the incentive to continue building on their roadmaps, while some like 3AC have packed up. In a recent article published by the blockchain team, Polkadot analyzed the most active parachains on its network.

Statemint

According to the update released on September 1, Statemint is the most actively building parachain on Polkadot. The network is a generic assets parachain that enables the transfer of both fungible and non-fungible tokens. The data shows that the platform has had 61 commits on its code base.

Moonbeam

Next to the NFT minting platform is Moonbeam, a smart contract that unites functionalities in Ethereum and other networks. Moonbeam has had 55 commits up till August 31.

Phala Network

Phala Network, the privacy enhanced computing network has 41 commits made by the developers, showing that a lot of work is ongoing on its parachain.

“Privacy-Enhanced Permissionless Computing Protocol”

Bifrost

The next parachain is Bifrost with 23 commits by its developers.

“Bifrost is a web3 derivatives protocol that provides decentralized cross-chain liquidity for staked assets”

Parallel Finance

Parallel Finance also has 23 commits The defi network claims that it brings web 3 to one billion people.

Centrifuge

Centrifuge, which unlocks liquidity for real world assets has 20 commits to its code base.

Acala Network

Acala Network, the De-Fi protocol behind aUSD has 15 commits to its code as the team works to make the platform even more secure despite the recent exploit by hackers that stole some aUSD.

“aUSD is a decentralized, multi-collateralized stablecoin backed by cross-chain assets. Stable by design with value relative to the US Dollar, aUSD is the defacto stablecoin of Polkadot and Kusama”

Interlay

Interlay developers have made 8 commits. Interlay makes it possible to

“Invest, earn and pay with BTC on any blockchain. Radically open and secured by insurance.”

Module

Module developers have made 7 commits

Astar

Astar supports multiple blockchains and virtual machines. The network has 5 commits.