Overview
Sundae Treasury Dashboard is a public website that tracks Cardano treasury budgets such as Intersect Treasury Contracts 1 and 2, showing where that money goes after it is approved, project by project and payment by payment1,2. Anyone can open a budget, pick a funded project, and see its milestones, the evidence the team submitted, and each payout2. Its main users are the vendors and oversight signers who act on the contracts3. It works like the public record of a building loan: money is released in stages, and each stage is written down.
The Cardano treasury is a shared fund held by the network itself. Intersect, a member-based organization for the Cardano ecosystem, uses this dashboard to track treasury-funded work milestone by milestone4. Sundae Labs, the team behind the SundaeSwap trading app5, built both the dashboard and the smart contracts (programs that run on the blockchain) that hold the money6.
Key Features
- Funded projects grouped by budget. Budget pages group projects under the contract set that holds their money, such as Input Output's Hydra work and TxPipe's upkeep of developer tools7.
- Payment schedules you can read. Each project page lists its milestones with the date each payment unlocks, its status, the evidence submitted, the amount, and the acceptance criteria the work has to meet2.
- A trail you can check yourself. An activity log records when a project was funded, paused, resumed, approved and paid, and links each on-chain step to its transaction on Cexplorer, a block explorer (a search site for public blockchain records)2.
- Allowlisted payout addresses. Some projects limit withdrawals to an on-chain allowlist, a fixed list of payment addresses the contract will pay, and their project pages show those addresses2.
- Data you can take away. Payment schedules have an Export button, and the History page lists a connected wallet's pending and confirmed transactions with an Export CSV option2,8.
What to Expect
For ADA holders and DReps (representatives who vote on governance for the holders who choose them), the site opens on its budgets page with no sign-up1. The contracts behind it follow fixed rules: the money cannot be delegated or used to vote, it is assigned to the always-abstain DRep (a built-in option that never votes), and unspent funds return to the treasury after an expiry date9. In October 2026, Intersect returned 115,172 ADA of unspent 2025 budget from its treasury contract to the Cardano treasury10. Intersect also describes a separate financial dashboard, built by Xerberus, for charts of the same budgets6.
Vendors, the teams being paid, use the dashboard as a working tool. A vendor connects the wallet named in its contract, submits evidence for a milestone by signing a transaction, and then withdraws payments once they unlock11. Sensitive steps such as pausing, resuming or changing a payment schedule need approval from a set group of signers, an arrangement called multisig (multiple signatures). A schedule change also needs the vendor's consent9.
Developers can read the public contract code on GitHub, and a TypeScript SDK (a ready-made code library) is published on npm, a public registry of JavaScript code packages9,12. TxPipe and MLabs both audited the contracts in 2025, and TxPipe's report lists 12 findings, all marked resolved13,14. Intersect publishes a guide for checking that its deployed contracts match that public code15.
Sundae Labs also makes Float5, a data site for Cardano DeFi exchanges and lending. The guide What is Cardano governance? explains who votes on treasury spending, and more live governance views sit under ADAStack's governance dashboards.
Sources
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IO: Cardano Developer Experience (CTW-26-0001) | Sundae Treasury Dashboard ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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Treasury Oversight Management: The Sundae Labs Solution | Sundae Labs on YouTube ↩
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Smart Contract Tooling: What's available and who's it for? | Intersect ↩ ↩2
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Intersect Treasury Contracts 2 | Sundae Treasury Dashboard ↩
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How to submit Milestone Evidence and Withdraw Milestones | Intersect Knowledge Base ↩
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How to compile Treasury Contracts with Intersect configuration | IntersectMBO/budget-management ↩
