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DGI Weekly: ShapeShift Leads the Movers as the Index Holds Steady at 5.98

Mario Semper

ShapeShift added more governance signal in seven days than most DAOs manage in a month — up +0.70 on the GVS scale, the sharpest weekly move ChainSights recorded this week.

The DGI Composite

The DGI Composite sits at 5.98 this week, down -0.03 from 6.01 the week before (Sep 6 → Sep 13, 2026), averaged across 49 DAOs with comparable data at both dates. A flat week at the index level. Flat hides the real movement underneath.

Movers of the week

ShapeShift: +0.70 — the week's biggest gain, driven by a jump in Delegate Engagement (DEI 6.11). Superfluid: +0.15. Gitcoin and Botto: +0.13 each. Lido: +0.12.

On the other side, ENS: -0.45 — the steepest drop, on a Delegate Engagement score that has slid to 3.87 even as its Human Participation Rate holds near-perfect at 10.00. Gearbox: -0.41. Balancer: -0.35 (still #1 overall at 7.88). Convex Finance: -0.23. Parallel: -0.22.

One flag on the data: Bent Finance shows a 30-day move of +3.54 against a weekly move of just +0.04 — most of that gain sits outside this week's comparison window. We're not turning that into a headline until we can verify it against the underlying delegate data.

What the spread actually shows

Across the 49 DAOs, HPR clusters tightly between 9.56 and 10.00 — nearly every DAO ChainSights tracks has cleared the Sybil-resistance bar. That's the wrong place to look for differentiation now. DEI is where the real story lives, ranging from 0.05 (Curve Finance) to 8.75 (Wormhole).

Governance in 2026 isn't a wallet-counting problem anymore. It's an attention problem. DAOs aren't failing to keep bots out — they're failing to get real humans to show up and vote more than once. Wallets lie less than they used to. Attendance is the new bottleneck.

Top 10 Leaderboard

DAOGVSHPRDEIPDIGPI
Balancer7.8810.008.294.387.18
Wormhole7.6910.008.755.005.00
Frax Finance7.4010.006.633.947.28
Aavegotchi7.2210.005.044.977.32
StakeDAO7.1710.005.775.126.03
ShapeShift6.9110.006.115.034.39
Lido6.9110.006.035.264.27
Compound6.8610.005.725.004.63
Arbitrum6.869.835.405.285.06
Gearbox6.6410.005.114.804.51

Methodology

The DGI Composite is an equal-weighted average of the GVS score across all qualifying DAOs (opted-in, comparable data at both dates). Each DAO's GVS blends Human Participation Rate (35%), Delegate Engagement Index (25%), Power Dynamics Index (20%) and Grassroots Participation Index (20%). Full methodology at chainsights.one/methodology.


Want your own DAO's GVS score? Run a Free Check on your DAO, or pull the full dataset — leaderboard, deltas, historical snapshots — via the ChainSights API.

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