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DAO Governance Index (DGI)

The ecosystem benchmark for DAO governance health

Methodology v1.0 · February 2026

What is the DGI?

The DAO Governance Index (DGI) is an ecosystem-wide benchmark that aggregates Governance Vitality Scores (GVS) across all qualifying DAOs. It answers the question: “Is this DAO's governance health good or bad compared to the ecosystem?”

Think of it as: GVS = Individual DAO Score. DGI = The Market Average.

Like the S&P 500 provides a benchmark for stock market performance, the DGI provides a benchmark for DAO governance health — giving context to individual scores.

How the DGI is Calculated

The DGI uses an equal-weighted average of all qualifying DAOs' GVS scores:

DGI = (1/n) × Σ GVSi   for all qualifying DAOs i=1..n

Every qualifying DAO contributes equally to the index. This aligns with our core principle: governance health matters regardless of treasury size.

Why Equal-Weighted?

  • Philosophically consistent — no DAO dominates the benchmark
  • No dependency on external treasury or market cap data
  • Simple, transparent, and defensible
  • Avoids circular bias (wealthy DAOs don't get more weight AND score higher)

The DGI Index Family

The DGI is not a single number — it's a family of 9 indices:

Composite Index

DGI Composite — Average GVS across all qualifying DAOs. The headline number.

Category Indices

DGI DeFi
DeFi DAOs
DGI Infrastructure
Protocol DAOs
DGI Public Goods
Public Goods DAOs
DGI Social
Social DAOs

Component Indices

DGI-HPR
Participation
DGI-DEI
Delegates
DGI-PDI
Power
DGI-GPI
Grassroots

Inclusion Criteria

Not every tracked DAO enters the DGI. Quality standards ensure the benchmark is meaningful:

CriterionThreshold
Confidence Level≥ Medium
Data FreshnessGVS calculated within last 14 days
Universe MembershipManually curated by ChainSights
Opt-OutMust not be opted out of rankings

Update Cadence

The DGI is calculated daily, immediately after individual GVS scores are recalculated. This ensures the benchmark always reflects the latest governance data.

The DGI universe is reviewed and rebalanced manually as needed. DAOs that no longer meet inclusion criteria may be placed on a grace period before exclusion.

What the DGI is NOT

  • Not a financial index. We don't track token prices or market caps. No investment advice.
  • Not a rating agency. We measure governance health with transparent methodology, not assign credit ratings.
  • Not a ranking. The DGI is a benchmark average, not a competition. The leaderboard is the competition part.
  • Not a substitute for GVS. GVS measures individual DAOs. DGI provides ecosystem context for GVS.

For details on how individual GVS scores are calculated, see the GVS Methodology.

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