Top 5 DAOs by Treasury Size

As of today, latest data reported by Crypto-Deep shows that a total of 50,845 DAOs hold an estimate of $16.9 billion in different crypto assets.

As of today, the latest data reported by Crypto-Deep shows that a total of 50,845 DAOs hold an estimate of $16.9 billion in different crypto assets.

According to the data from @DeepDao, approximately 50,845 DAOs have $16.9B owned assets. We have composed the list of top #DAOs, ranked by the total assets that the #DAO may use at its discretion.

$MNT $UNI $OP $ENS $ARB $DEXE $GNO $SKY $ETH $GRT…

Major 15 DAOs

Mantle (MNT)

According to the data, Mantle (MNT) DAO is at the top as the DAO with the largest treasury size, which is valued at $2.70 billion.

The data shows that Mantle’s DAO treasury holds $2.70 billion in assets, including $1 billion in US dollars and Ethereum-based funds.

The report says that Mantle is using this pool of money to prioritize the funding of key product advancements on the Mantle ecosystem and to expand asset partners.

UniSwap (UNI)

Next is UniSwap DAO, with a treasury size of $2.20 billion. The UniSwap DAO treasury holds tokens, mainly in UNI coins, which are estimated to be worth $2.20 billion.

The report says that UniSwap DAO has 36,300 members who can participate in majorly deciding on the management, strategy, and utilization of the treasury’s money.

Optimism (OP)

Coming third is Optimism Collective, with funds managed under the DAO worth $1.5 billion. Its DAO treasury comprises of assets like USDC, USDT, ETH, and OP.

Ethereum Name Service (ENS)

Coming fourth is Ethereum Name Service (ENS) DAO, which has a treasury that holds $1.10 billion in assets.

The report says that the DAO has over $1 billion in locked ENS coins while the remaining $227 million is in ETH and other tokens.

Arbitrum (ARB)

After that is Arbitrum (ARB) DAO, with a treasury size of $1.10 billion. The report says that Arbitrum allows ARB holders and members to participate in making major decisions regarding treasury improvement, Arbitrum network development, and reward programs.

Others

The report, further, says that other major DAOs with huge treasuries include DeXe (DEXE), Gnosis (GNO), Sky (SKY) (formally Maker (MKR), Ethereum (ETH), The Graph (GRT), Safe (SAFE), Lido DAO (LDO), Aave (AAVE), Tribe (TRIBE), and Beam (BEAM).

DAOs treasury is a major part of decentralized projects like the ones mentioned above and many others. Such treasuries play an essential role in facilitating the long-term thriving businesses and ensuring that projects’ finances are used in accordance with their visions and goals. However, bad treasury management may cause a DAO to collapse.

DAOs use several methods to raise finances, generate profits from their key business activities, reward members for their functions, and give out incentives to their investors.

While DAOs operate similar to conventional business projects, they are quite different. They are developed on top of blockchain and smart contracts. Also they are decentralized and managed by members through various voting dynamics.