CoW DAO
CoW DAO is stewarding the CoW Protocol Ecosystem. Start your proposal here: https://forum.cow.fi
as of 2 September 2026
Verdict
Quieter than it was: decisions are still being made, but less often than over the past year.
Key figures
Health breakdown
Activity
Activity has slowed: 1 proposals in the last 90 days, against 15 over the year.
SnapshotParticipation
The typical proposal cleared its quorum, and 93% of recent proposals reached it.
SnapshotTreasury diversification
72% of the treasury is the organization's own token, so its value moves with that token.
DefiLlamaVote decentralization
The top ten voters control 95% of the voting power cast in recent votes.
SnapshotWhat moved the score
- Participation96
- Activity23
- Vote decentralization10
What changed
Nothing has changed in the last 30 days.
Treasury
| Own token | $68m | 72% |
|---|---|---|
| Stablecoins | $9.3m | 9.8% |
| Other major assets | $2.1m | 2.2% |
| Other | $15.2m | 16% |
Treasury values move with token prices. See the daily history for how this figure has changed.
Treasury wallets (4 wallets)
Governance activity
Proposals per month
Text version of this chart
| 2025-10 | 1 |
|---|---|
| 2025-11 | 2 |
| 2025-12 | 6 |
| 2026-01 | 2 |
| 2026-03 | 2 |
| 2026-04 | 1 |
| 2026-08 | 1 |
Health score over the last year
Text version of this chart
| Date | Value |
|---|---|
| 1 Sept 2026 | 43 |
| 2 Sept 2026 | 43 |
Recent proposals
CIP-87: Penalty Cap Redesign
18 Aug 2026CIP-86: Discretionary grants program for victims of the cow.fi domain hijacking
30 Apr 2026CIP-85: Performance and Consistency Rewards
30 Mar 2026CIP-84: CoW Swap Affiliate Program Framework
5 Mar 2026CIP-83: Renewing Team Grant Allocation with Performance-Linked Milestones
26 Jan 2026CIP-82: CoW DAO Grants 2026 Renewal
8 Jan 2026CIP-81: Whitelist "Generalized Wrappers" as Solvers
16 Dec 2025CIP-80: CoW DAO Grants 2026 Renewal
15 Dec 2025CIP-79: Continued funding for Development Services - Service Agreement No 5. V2
12 Dec 2025CIP-78: Dissolve Sprinter Bonding Pool
12 Dec 2025
Participation and power
Top voters in recent votes
- 10x458c…5e6f30%
- 20xa86f…1E8223%
- 30xF7AC…EAf522%
- 40xEa8d…B9A46.3%
- 50x50C8…D3C63.9%
- 60x9A05…80ab2.7%
- 70x8787…ea522.0%
- 80x6a51…6Eb71.8%
- 90xFe13…b7F41.5%
- 100x6d9A…D2841.3%
Addresses are shown as the source publishes them. daohaus.com makes no attempt to identify the people behind them.
Snapshot · 2 Sept 2026Sources and verification
Every figure on this page was read from one of these. Each row links to the page a person can check.
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Something wrong?Comparing organizations side by side is planned for a future update.
A classification of how much control software agents hold is planned for a future update.