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Crypto-Repos

Measuring blockchains by what's harder to fake

2 min readApril 14, 2025

Transaction volumes lie. User counts lie. On-chain metrics are routinely inflated by bots, incentive programs, and coordinated campaigns.

Developer activity is harder to fake.

You can spin up a million wallets in an afternoon. You can't spin up a million meaningful commits. When measuring blockchain ecosystem health, the code tells a more honest story than the chain.

Crypto-Repos indexes over 10,500 repositories and 7,400 contributors across major blockchain ecosystems. It's built on Electric Capital's developer activity data, offering a searchable interface for discovering projects, tracking contributions, and seeing what's actually being built.

Key Takeaways

  • Most blockchain metrics can be gamed. Developer activity is harder to fake.
  • Crypto-Repos currently indexes Aptos, Sui, and Base—10,523 repos, 7,457 contributors.
  • Built for developers finding projects, recruiters evaluating talent, and analysts measuring ecosystem health.

Who It's For

UserUse Case
DevelopersFind projects to contribute to, avoid duplicating existing work
TeamsGet visibility, find qualified contributors
RecruitersEvaluate talent based on actual commits, not resumes
AnalystsTrack ecosystem health, competitive positioning
AI/MLTraining data, structured project information

Features

Repository Metrics Dashboard

  • Repository search with filtering by ecosystem, language, stars, keywords
  • Contributor profiles with ranked activity and complete repo histories
  • Metrics dashboard showing commits, contributors, activity trends

Contributor Analytics Shout out to @david_wolinsky

Why Developer Activity?

Measuring blockchain success is hard because most metrics lie.

Transaction volumes? Inflated by bots and incentive programs. User counts? Sybil'd by airdrop farmers. TVL? Manipulated by circular deposits.

Pseudonymous accounts make it nearly impossible to distinguish genuine engagement from simulated activity. Sophisticated actors game whatever gets measured.

Developer activity isn't immune to manipulation, but it's harder to fake at scale. You can spin up wallets. You can't spin up meaningful code contributions. Examining what's being built—not just what's being transacted—gives a clearer picture of ecosystem health.

Open Source in Crypto

Open-source code is foundational to crypto's trust model. Users can verify that protocols do what they claim. Developers can audit, fork, and improve. The culture of open iteration drives the industry forward.

But not everything is open-source. Anecdotally, API providers estimate the ratio of closed:open source code in crypto is about 2:1. Electric Capital's reports only capture the open portion—so triple those numbers for a rough total.

The Data Source

Crypto-Repos is built on Electric Capital's crypto-ecosystems repository—a taxonomy that categorizes open-source blockchain development across ecosystems.

Electric Capital Report

Each ecosystem has a .toml file listing known repositories. Electric Capital maintains definitions for "full-time developer," "monthly active developer," and quality standards that filter out low-quality contributions.

Quality vs. Quantity

Commit counts don't tell the full story. A high commit count might reflect minor updates. A single high-quality contribution might transform a project.

Complicating factors:

  • Hybrid repos: Core functionality private, only some components public
  • Maintenance mode: Recent commits ≠ active development
  • Forks and templates: Inflate repository counts
  • Documentation: Critical for usability, hard to measure

Electric Capital's top-down metrics filter out noise. Crypto-Repos adds granularity—letting you examine individual repositories and contributors to assess quality, not just quantity.

Current State

Indexed ecosystems: Aptos, Sui, Base Total: 10,523 repositories, 7,457 contributors

Stack:

  • Front-end: Next.js, Tailwind
  • Back-end: Neon (Postgres), Hasura
  • Data: Electric Capital, GitHub API
  • Deployment: Vercel

Roadmap

Near-term:

  • Fix known bugs (contributor counts on forked repos)
  • Weekly data updates
  • Expand to 200+ ecosystems

Future:

  • Vector search for semantic queries
  • Repository categorization
  • Verified project pages
  • Developer reputation system
  • Ecosystem-specific bounty boards

Try It

crypto-repos.com

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Crypto-Repos

crypto

Measuring blockchains by what's harder to fake

2 min readApril 14, 2025
crypto

Transaction volumes lie. User counts lie. On-chain metrics are routinely inflated by bots, incentive programs, and coordinated campaigns.

Developer activity is harder to fake.

You can spin up a million wallets in an afternoon. You can't spin up a million meaningful commits. When measuring blockchain ecosystem health, the code tells a more honest story than the chain.

Crypto-Repos indexes over 10,500 repositories and 7,400 contributors across major blockchain ecosystems. It's built on Electric Capital's developer activity data, offering a searchable interface for discovering projects, tracking contributions, and seeing what's actually being built.

Key Takeaways

  • Most blockchain metrics can be gamed. Developer activity is harder to fake.
  • Crypto-Repos currently indexes Aptos, Sui, and Base—10,523 repos, 7,457 contributors.
  • Built for developers finding projects, recruiters evaluating talent, and analysts measuring ecosystem health.

Who It's For

UserUse Case
DevelopersFind projects to contribute to, avoid duplicating existing work
TeamsGet visibility, find qualified contributors
RecruitersEvaluate talent based on actual commits, not resumes
AnalystsTrack ecosystem health, competitive positioning
AI/MLTraining data, structured project information

Features

Repository Metrics Dashboard

  • Repository search with filtering by ecosystem, language, stars, keywords
  • Contributor profiles with ranked activity and complete repo histories
  • Metrics dashboard showing commits, contributors, activity trends

Contributor Analytics Shout out to @david_wolinsky

Why Developer Activity?

Measuring blockchain success is hard because most metrics lie.

Transaction volumes? Inflated by bots and incentive programs. User counts? Sybil'd by airdrop farmers. TVL? Manipulated by circular deposits.

Pseudonymous accounts make it nearly impossible to distinguish genuine engagement from simulated activity. Sophisticated actors game whatever gets measured.

Developer activity isn't immune to manipulation, but it's harder to fake at scale. You can spin up wallets. You can't spin up meaningful code contributions. Examining what's being built—not just what's being transacted—gives a clearer picture of ecosystem health.

Open Source in Crypto

Open-source code is foundational to crypto's trust model. Users can verify that protocols do what they claim. Developers can audit, fork, and improve. The culture of open iteration drives the industry forward.

But not everything is open-source. Anecdotally, API providers estimate the ratio of closed:open source code in crypto is about 2:1. Electric Capital's reports only capture the open portion—so triple those numbers for a rough total.

The Data Source

Crypto-Repos is built on Electric Capital's crypto-ecosystems repository—a taxonomy that categorizes open-source blockchain development across ecosystems.

Electric Capital Report

Each ecosystem has a .toml file listing known repositories. Electric Capital maintains definitions for "full-time developer," "monthly active developer," and quality standards that filter out low-quality contributions.

Quality vs. Quantity

Commit counts don't tell the full story. A high commit count might reflect minor updates. A single high-quality contribution might transform a project.

Complicating factors:

  • Hybrid repos: Core functionality private, only some components public
  • Maintenance mode: Recent commits ≠ active development
  • Forks and templates: Inflate repository counts
  • Documentation: Critical for usability, hard to measure

Electric Capital's top-down metrics filter out noise. Crypto-Repos adds granularity—letting you examine individual repositories and contributors to assess quality, not just quantity.

Current State

Indexed ecosystems: Aptos, Sui, Base Total: 10,523 repositories, 7,457 contributors

Stack:

  • Front-end: Next.js, Tailwind
  • Back-end: Neon (Postgres), Hasura
  • Data: Electric Capital, GitHub API
  • Deployment: Vercel

Roadmap

Near-term:

  • Fix known bugs (contributor counts on forked repos)
  • Weekly data updates
  • Expand to 200+ ecosystems

Future:

  • Vector search for semantic queries
  • Repository categorization
  • Verified project pages
  • Developer reputation system
  • Ecosystem-specific bounty boards

Try It

crypto-repos.com

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Category

crypto

Published

April 14, 2025

Reading Time

2 min read

Tags

crypto

All Tags (17)

crypto(18)
web(3)
computing(2)
decentralized-streaming
shelby
aptos
web3
python
documentation
ai-training
web-scraping
bitcoin
gold
inflation
theory
ai
trading

Contents

Key Takeaways
Who It's For
Features
Why Developer Activity?
Open Source in Crypto
The Data Source
Quality vs. Quantity
Current State
Roadmap
Try It