XDAO Ecosystem Surpasses 35k DAOs, Raises $66.6M Through Stablecoin-Driven Funding

The XDAO ecosystem has gained significant traction, with over 35,000 DAOs created and $66.6 million raised through them, according to its new on-chain dashboard.

The dashboard provides a transparent view of the ecosystem's key metrics, including treasury activity and adoption rates.

The majority of funds raised came in stablecoins, with BNB Chain leading treasury inflow by a wide margin. However, Polygon is the most-used chain for DAO creation itself.