Galaxy Digital sees competition expanding across conditional markets
GLXY•Decision markets govern $50.5 million in treasury assets across 22 decentralized autonomous organizations, with MetaDAO accounting for 78%. Umia's launch extends decision markets beyond Solana to EVM-compatible chains, while developers are preparing impact-market launches.
1. Treasury assets and expansion
Decision markets govern $50.5 million in treasury assets across 22 decentralized autonomous organizations. MetaDAO accounts for 78% of those assets, and stablecoins across market-governed treasuries total $35.8 million. Umia's launch expands decision markets beyond Solana to EVM-compatible chains, which represent roughly 92% of total value locked.
2. Launches and constraints
Impact-market developers are approaching mainnet launches, with Proof targeting a gated launch around November 2026. Adoption faces steep learning curves and liquidity constraints, while demand for some event-driven hedging instruments may remain niche.
