Complete List of DAOs Updated in November 2025

The DAO ecosystem continues evolving after correction: as of April 2025, 50,845 active DAOs manage combined assets of approximately $16.9 billion (down from peak $34 billion in early 2025). The top 5 DAOs control roughly $15 billion in assets. Optimism Collective leads with $5.5B treasury, followed by Uniswap at $5.4B, and emerging leader Mantle (formerly BitDAO) holds $2.7B. Average voter turnout for critical decisions stands at 22%, though power concentration remains a challenge: the top 20% of stakeholders own 78% of governance tokens.

Cross-chain governance tools and AI-assisted proposal analysis have improved efficiency, but security concerns persist after the $24M Compound DAO hijacking in 2024. In 2025, a new DeSci (Decentralized Science) DAO sector emerged, using blockchain to democratize scientific funding and collaboration. Blockchain gaming slowed with just $73M invested in Q2 2025 (down 93% year-over-year), but the play-to-earn model evolves with DAO governance integration in gaming ecosystems.

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