# Electric Capital: 2023 Crypto Developer Report Source: https://www.developerreport.com/developer-report?s=developer-report ## Summary Electric Capital's 2023 Developer Report analyzed 485 million code commits across 818K repositories. It found that overall crypto developers fell 24%, while the most valuable segment, developers with 2+ years of tenure who contribute the most code, grew steadily at 52% annualized over the past five years. The report also found that crypto had become clearly multi-chain, with 30% of developers supporting more than one chain. Electric Capital published these annual reports from 2018 to 2024, and they remain available now that Open Dev Data is public. ## Article Analysis From 2018 to 2024, Electric Capital published annual developer reports providing comprehensive analysis of open-source crypto developer activity. With Open Dev Data now publicly available, these historical reports remain valuable resources for understanding how the crypto developer ecosystem has evolved over time. Analyzed 902 million code commits across 1.7 million repositories. Crypto developer and user activity is more global and more cross-chain than ever, with 1 in 3 crypto developers working on multiple chains. Total developers declined 7% in 2024, but established developers (2+ years tenure) reached all-time highs, growing 27% year-over-year and committing 70% of all code. View 2024 Report 2023 Developer Report Analyzed 485 million code commits across 818K repositories. While developers overall were down 24%, the most valuable segment of developers (2+ year tenure who contribute the most code) continued to steadily grow at 52% annualized over the past 5 years, and crypto became clearly multi-chain with 30% of developers supporting more than one chain. View 2023 Report 2022 Developer Report Analyzed 471,000+ monthly code commits toward open-source crypto projects. Crypto developers grew 5% year-over-year despite a 70%+ decline in prices, with monthly developers increasing 297% since 2018 and full-time developers contributing 76% of all code commits. View 2022 Report 2021 Developer Report Analyzed nearly 500K code repositories and 160 million code commits across Web3. Web3 developers reached all-time highs with 18,000+ monthly active developers and 34,000+ new developers joining in 2021—the highest in history—while several vibrant ecosystems emerged beyond Bitcoin and Ethereum. View 2021 Report 2020 Developer Report Analyzed 276,000+ code repositories and 89 million code commits. New monthly crypto developers grew 15% in 2020, increasing for the first time since 2017, with a notable flight to quality as high-quality ecosystems grew while developer activity outside the Top 200 ecosystems decreased by 30%. View 2020 Report 2019 Developer Report Analyzed 27,000+ code repositories and 22 million code commits. Despite market downturns in 2018, full-time developers increased 13% year-over-year in June 2019, consolidating around high network value projects, with Smart Contracts, Infrastructure, and DeFi ecosystems continuing to gain developers. View 2019 Report 2018 Developer Report Analyzed 20,000+ code repositories and 16 million code commits covering developer activity from January 2018 to February 2019. The number of developers working on public coins doubled in the last 2 years with 4,000+ developers per month contributing code, and developers continued to build despite an 80%+ market decline. View 2018 Report