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MU $926.79 -1.17%
AMD $489.10 -2.67%

Data: The total value of the DAO treasury has shrunk by 12.6 billion dollars in six months

2024-10-05 09:36:31

According to ChainCatcher news, as reported by Bitcoin.com News, the latest data shows that the total value of decentralized autonomous organization (DAO) treasuries has decreased from $37 billion at the end of March to $24.5 billion in October, a shrinkage of $12.6 billion over six months.

Currently, the top five DAOs by treasury value are: Optimism ($3.8 billion), Uniswap ($2.9 billion), Mantle ($2.7 billion), Arbitrum ($2.4 billion), and GnosisDAO ($1.7 billion). These treasuries are primarily composed of their respective governance tokens, mainstream cryptocurrencies, and stablecoins.

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