BitDAO is one of the largest token-governed treasuries, with billions in assets and a broad mandate to facilitate the development of an economy enabled by decentralized assets, decentralized technologies, and decentralized organizations. Through its treasury, BitDAO is creating an entire network of autonomous entities that unite industry-leading partners to scale Web3 technologies across art, entertainment, finance, technology, and more. Bybit is the instigator and a major contributor to BitDAO. It has pledged recurring contributions of 2.5 basis points of its futures contracts trading volume to the BitDAO treasury.