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Realms Review 2026: Solana DAO Governance Tool

Realms is the main interface for creating and running DAOs on Solana through the SPL Governance program. It is widely used for treasuries, but audit information is not listed publicly.

By the DappsAtlas editorial team · Updated

DappsAtlas score

7.2/10

Good

Our verdict on Realms

7.2/10

Realms suits Solana communities, protocols and NFT projects that want on-chain voting, delegation and treasury management without building governance from scratch. Its main strength is a focused, open-source tool with no extra platform fees according to its docs. The main caveat is that DefiLlama lists no audits, and the operator changed, so check the safety documentation and configure DAO permissions carefully before moving treasury funds.

Score breakdown

How Realms scores

Security
6.0/10
Ease of use
7.5/10
Fees
7.0/10
Features
7.5/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Realms?

Realms is the interface for SPL Governance, a program that provides core building blocks for creating decentralized autonomous organizations on Solana. It is not tied to one kind of DAO or asset, so it can manage many types of organizations and holdings.

DefiLlama lists it in the Governance Incentives category on Solana, with about $14.2 million in TVL and a listing date of March 2023. The same data shows a -4.6% change in TVL over seven days and no audits.

Public reporting shows the project is now operated by Realms Today Ltd. and released a V2 interface with a DAO creation wizard. A 2024 article says Realms separated from Solana Labs and launched the Realms Ecosystem DAO. The documentation says the code is open-source and that Realms does not charge extra platform fees.

How Realms works

Realms is the front end for SPL Governance, an on-chain Solana program. The program holds the rules for a DAO: who can vote, how many votes a proposal needs and what instructions a passed proposal may execute.

A DAO is created through the interface, and its members submit proposals. Token holders or other members vote, and if a proposal passes, its instructions can be run against the DAO's treasury or other assets. Members can also delegate their voting power to someone else.

Because the program does not care what type of DAO or asset it manages, the same system can serve a DeFi protocol, an NFT project or a community group. Developers can also integrate it into their own apps.

6 features

Key features

01

Proposals and instructions

Members create proposals that others vote on, and the docs list proposals and instructions as core features.

02

Delegation

Voting power can be delegated to other members, a feature listed in the V2 documentation.

03

Treasury management

DAOs can hold and manage assets in a treasury, and the V2 release mentions updated treasury prices.

04

DAO creation wizard

A wizard in the V2 interface guides users when setting up a new DAO.

05

Flexible DAO types

The docs describe SPL Governance as agnostic to DAO type and asset type, so it can be used for many kinds of organization.

06

Integration guides

A guide explains how to integrate SPL Governance into a DeFi protocol, NFT project or other application.

Pros and cons

What we like

  • Dedicated to Solana DAOs, with core features like proposals, delegation and treasuries
  • Documentation says no additional platform fees are charged
  • Open-source and flexible across DAO types and assets
  • V2 interface with a DAO creation wizard lowers setup effort
  • Integration guide helps developers add governance to their apps

Watch out for

  • No audits are listed on DefiLlama for the project
  • Operator changed to Realms Today Ltd. and the project separated from Solana Labs, so users must follow the new terms and governance
  • A search result shows a user reporting a realm marked as expired and charges for two months that did not fix it, a single unverified report
  • Only supports Solana, so DAOs on other chains cannot use it
  • Its homepage was not available publicly, so some feature details rest on documentation snippets
  • The 7-day TVL change was -4.6%, and TVL held in DAO treasuries depends on each DAO's own decisions

Realms fees

The documentation states that Realms does not charge any additional fees for platform usage. That means no extra platform fee on top of what the underlying network requires.

Solana transaction fees and account rent still apply when proposals, votes or DAO accounts are created. The project does not publish specific amounts. One user report in public reporting mentions being charged while a realm showed as expired, so users should read the Costs page of the docs for what applies to them.

Is Realms safe?

DefiLlama lists no audits for Realms, and the project does not include audit reports. The docs include a Safety page, but its contents are not part of public sources, so readers should review it directly. The code is described as open-source, which allows outside review.

DAO funds sit in on-chain treasuries controlled by each DAO's rules, so risk depends on how a DAO configures voting thresholds and permissions. Users also take on wallet and Solana smart-contract risk. One search result reports an expired realm and charges that did not resolve the issue, which is an unverified single report. Regulatory status is not stated publicly.

6 steps

How to get started with Realms

  1. 1

    Read the Realms documentation, including the What is a DAO, Features, Safety and Costs pages.

  2. 2

    Set up a Solana wallet and fund it with a small amount of SOL for network costs.

  3. 3

    Open the Realms V2 interface and connect the wallet.

  4. 4

    Browse existing DAOs to see how proposals, voting and delegation work.

  5. 5

    If creating a DAO, use the DAO creation wizard and choose governance settings carefully.

  6. 6

    Test with small treasury amounts first and confirm how voting power and proposal rules are configured.

Who Realms is for

Realms is for DAO organizers, Solana protocol teams and community members who vote or manage treasuries on Solana. It is less suited to groups on other chains or to users who want a project with published audit reports.

Realms FAQs

What is Realms?

Realms is a front end for SPL Governance, a Solana program that provides building blocks for DAOs. It lets groups create proposals, vote, delegate and manage treasuries on Solana.

Does Realms charge fees?

The documentation snippet states that Realms does not charge any additional fees for platform usage. Standard Solana network costs and any on-chain account costs still apply, and the details are on the Costs page of the docs.

Which blockchain does Realms use?

DefiLlama lists Realms on Solana only. The project does not mention other chains.

Does Realms have a token?

DefiLlama lists a token with the ticker EPCT for the project. The project does not explain its role, so check the project documentation before relying on it.

Who runs Realms now?

Public sources show the new operator is Realms Today Ltd., and a 2024 article says Realms separated from Solana Labs and launched the Realms Ecosystem DAO. The project does not describe the terms of that transition in detail.

Is Realms audited?

DefiLlama lists zero audits for the project. Users should look at the project's own safety documentation and review the source code, which the docs describe as open-source.

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Guides

Guides that mention Realms

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How we checked

Sources

  1. 1.defillama.com/protocol/realms

Last updated . Spotted an error? Tell us and we will correct it.