LunarCrush, a platform that uses artificial intelligence (AI) to analyze digital assets such as cryptocurrencies, has announced a list of the top 10 derivatives projects based on social activism. Essentially, derivatives projects are decentralized finance (DeFi) protocols that allow users to trade financial contracts, such as speculating on the future price of a cryptocurrency, without relying on a centralized intermediary.
Social activity consists of engaging posts and interactions. These two measures are used to check the social activity of cryptocurrencies. superfluid ($HYPE) leads the top 10 derivatives projects by social activity. In this ranking list, Hyperliquid ($HYPE) dominates the market with 6.2K engaged posts and 651.4K interactions.
Top #derivative projects by social activity$HYPE $ASTER $JUP $AVNT $MYX $FTT $GNS $AEVO $WOO $SNX pic.twitter.com/ME2cVE3ffC
— Phoenix – Crypto News and Analysis (@pnxgrp) January 17, 2026
At the same time, asters ($ASTER) is the runner-up in this race with 651.4K engaged posts and 389.5K interactions. There is a difference of 1.7,000 engagement posts between these derivatives projects, indicating that both are still in demand in the crypto market. Phoenix Group announced this news through the official X account.
Jupiter ($JUP) and Avantise ($AVNT) Outstanding performance in interactions despite tight engagement numbers
Jupiter ($JUP) and Avantise ($AVNT) took 3rd and 4th place with 1.3K and 1.2K engaged posts, respectively. There is a small difference between these derivatives projects in terms of the number of engaged posts, around 0.1,000. Moving to interactions, that difference hyped up to 56.9K. So, ($JUP) represents 96.1K, and ($AVNT) each at 39.2K of interactions.
In addition, two more derivatives projects garnered hundreds of posts through social activity. Among these, the first one is $MYX Finance ($MYX), received 698.0 engaged posts and 36.9K interactions. $MYX Finance ($MYX) is the closest derivatives project, the FTX token ($FTT), in an engagement post. Furthermore, next is the FTX token ($FTT), with 678.0 engaged posts and 55.9K interactions remaining on the market.
$GNS and $AEVO govern the interaction, but $WOO and $SNX trail behind
Gains Network ($GNS) and Aevo ($AEVO) performed very close to each other in terms of engaged posts at 558.0 and 408.0, respectively. So the difference between these derivative projects is 150. However, when it comes to interactions, there is a huge difference of about 4.7K, thus placing ($GNS) at 30.2K and ($AEVO) at 25.5K for interactions.
Additionally, there are two derivatives projects remaining at the end of this ranking list. $WOO ($WOO) and Synthetix ($SNX) took penultimate and last place respectively. In this race, both derivatives projects received 372.0 and 306.0 engaged posts and 25.0K and 8.2K interactions, respectively.