DAO Treasury Values Decline Significantly Over Six Months

According to Foresight News, recent data reported by Bitcoin.com News reveals 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, marking a reduction of $12.6 billion over six months. The top five DAOs by treasury value are currently Optimism ($3.8 billion), Uniswap ($2.9 billion), Mantle ($2.7 billion), Arbitrum ($2.4 billion), and Gnosis DAO ($1.7 billion). These treasuries are primarily composed of their respective governance tokens, mainstream cryptocurrencies, and stablecoins.