CoW DAO
CoW DAO is stewarding the CoW Protocol Ecosystem. Start your proposal here: https://forum.cow.fi
as of 19 October 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 is steady: 3 proposals in the last 90 days, against 17 over the year.
SnapshotParticipation
The typical proposal cleared its quorum, and 94% 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 98% of the voting power cast in recent votes.
SnapshotWhat moved the score
- Participation96
- Vote decentralization5
- Treasury diversification28
What changed
- 1 Oct 2026One new proposal.
- 19 Sept 2026One new proposal.
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 |
| 2026-09 | 2 |
Health score over the last year
Text version of this chart
| Date | Value |
|---|---|
| 1 Sept 2026 | 43 |
| 2 Sept 2026 | 43 |
| 3 Sept 2026 | 43 |
| 4 Sept 2026 | 43 |
| 5 Sept 2026 | 43 |
| 6 Sept 2026 | 43 |
| 7 Sept 2026 | 43 |
| 8 Sept 2026 | 43 |
| 9 Sept 2026 | 43 |
| 10 Sept 2026 | 43 |
| 11 Sept 2026 | 43 |
| 12 Sept 2026 | 43 |
| 13 Sept 2026 | 43 |
| 14 Sept 2026 | 43 |
| 15 Sept 2026 | 43 |
| 16 Sept 2026 | 43 |
| 17 Sept 2026 | 43 |
| 18 Sept 2026 | 43 |
| 19 Sept 2026 | 49 |
| 20 Sept 2026 | 49 |
| 21 Sept 2026 | 49 |
| 22 Sept 2026 | 49 |
| 23 Sept 2026 | 49 |
| 24 Sept 2026 | 49 |
| 25 Sept 2026 | 49 |
| 1 Oct 2026 | 55 |
| 2 Oct 2026 | 55 |
| 3 Oct 2026 | 55 |
| 4 Oct 2026 | 55 |
| 5 Oct 2026 | 55 |
| 6 Oct 2026 | 55 |
| 7 Oct 2026 | 55 |
| 8 Oct 2026 | 54 |
| 9 Oct 2026 | 54 |
| 10 Oct 2026 | 54 |
| 11 Oct 2026 | 54 |
| 12 Oct 2026 | 54 |
| 13 Oct 2026 | 54 |
| 14 Oct 2026 | 54 |
| 15 Oct 2026 | 54 |
| 16 Oct 2026 | 54 |
| 17 Oct 2026 | 54 |
| 18 Oct 2026 | 54 |
| 19 Oct 2026 | 54 |
Recent proposals
CIP-89: Unwind of the Balancer tokenswap and repurchase of COW held by Balancer DAO
30 Sept 2026CIP-88: Quote Competition Redesign
18 Sept 2026CIP-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 2025
Participation and power
Top voters in recent votes
- 10x458c…5e6f29%
- 20xf3C1…846C28%
- 30xa86f…1E8215%
- 40xF7AC…EAf514%
- 50x6a51…6Eb73.5%
- 60x6d9A…D2842.5%
- 70x9A05…80ab2.1%
- 80x8787…ea521.9%
- 90x4af8…6A0B1.6%
- 100xd7e0…3cf80.8%
Addresses are shown as the source publishes them. daohaus.com makes no attempt to identify the people behind them.
Snapshot · 19 Oct 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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A classification of how much control software agents hold is planned for a future update.