DeepDAO data shows that on March 31, the total assets held in the treasury of all DAOs reached US$25.1 billion, a record high. About US$22 billion of this was liquid funds and about US$3.5 billion was reserved for vesting. DAO treasury assets have more than doubled since the beginning of 2023.

In addition, DeFiLlama data shows that $25.1 billion accounts for approximately 40% of all DeFi locked funds - currently $61.7 billion, an increase of 39% since the beginning of the year.

Optimism Collective holds $5.5 billion in funds, accounting for 22% of the share, ranking first; followed by Arbitrum's DAO, which holds $4.4 billion, accounting for 17.5%, followed by BitDAO, Uniswap and Polygon, which hold $2.6 billion, $2.5 billion and $1.5 billion in funds respectively. (Cointelegraph)