• 34ºc, Sunny

Data: DAO treasury value fell by $12.60 billion in half a year

According to Bitcoin.com News, the latest data shows that the total treasury value of decentralized autonomous organizations (DAOs) fell from $37 billion at the end of March to $24.50 billion in October, shrinking by $12.60 billion in half a year. The current top five DAO coffers are: Optimism ($3.80 billion), Uniswap ($2.90 billion), Mantle ($2.70 billion), Arbitrum ($2.40 billion) and GnosisDAO ($1.70 billion). These coffers are mainly composed of their respective governance tokens, mainstream cryptocurrencies and stablecoins.