DAO independent firms have been seriously impacted by last month's DeFi fall, with the total worth of assets and AUM value declining massively in one month.
Following a report from DeepDAO, the joint asset under control managed by decentralized independent firms was over $290 million as of early last month. By the second week of this month, the assets under management by decentralized autonomous organizations had declined over 50% to $140 million.
Major Updates
- Total DAO assets still down by 40% after massive DeFi price slump
- DAO treasuries fall by 50% in one month
- Membership grows despite the decline in price
Presently, decentralized independent firms control assets worth $172.7 million, with the sum having risen by 20% and the partial comeback realized by several major decentralized finance coins in the last week.
