Safe is a smart account protocol that provides abstraction and multi-signature interactions, and currently has a TVL of $94 billion across its 15 integrated chain ecosystems. Safe focuses on comprehensive security and reliability, and has continued to grow its user base since its launch in 2017, currently growing to over 27 million trusted users worldwide, covering both individual users and large institutions. Safe's smart accounts are highly adaptable, running on continuously updated open source code, and are able to adapt to the latest industry advances, including AI agents, DeFi 2.0, and PayFi systems.

Safe has become a reliable solution for large-scale financial management, with its high-quality user experience and interoperability attracting a large number of users and surging user activity. Despite its success, Safe continues to strive to expand into new industry sectors and prove to be one of the fastest account infrastructures to support new market trends.

Looking at Safe’s growth and fundamentals through numbers

Currently, we can see that the market narrative and interest are changing again, and a new, non-technical trend is gaining attention: fundamentals. Economic factors such as adoption/market share, revenue (potential), and growth (potential) are expected to gain more weight and establish themselves as market-driving narratives for “fundamentals”. Considering Safe’s progress so far, it is well on its way to becoming a leader in the space. Let’s put the numbers in context:

Breakthrough highlights

  • Safe’s share of transactions on major EVM chains: On EVM chains such as Ethereum, Polygon, Optimism, Arbitrum, Base, and Worldcoin, 5.2% of transactions are initiated by Safe accounts.

  • TVP (Total Transfer Value) Percentage on Ethereum: In October 2024, 13.88% of all outgoing TVP on Ethereum came from Safe accounts.

Asset Security

  • Safe cross-chain TVL: US$93 billion.

  • Stablecoin storage: 6.8% of the total USDC is securely stored in Safe accounts.

  • NFT Custody: 9.7% of CryptoPunks NFTs are held in Safe accounts.

Activity indicators

  • Safe has nearly 30 million total deployed accounts.

  • Safe's monthly active users (MAU) continued to grow, reaching a peak of 6.4 million in October 2024.

  • Safe accounts have performed over 130 million transactions cumulatively.


Smart Account Ecosystem Data

  • Of all Smart Accounts, 57% are Safe Accounts.

  • 63% of all Smart Account transactions came from Safe Accounts.

  • 99% of TVL in the Smart Account ecosystem is stored in Safe accounts.

  • Scale: The daily active users (DAU) of the World project are stable at over 500,000, and the daily transaction volume exceeds 1 million.

  • Retention rate: Picnic accounts for nearly 50% of the total trading volume of 4337 DEX in 2024, and its weekly retention rate is 5 times the average of the smart account ecosystem.

  • Trading volume: Polymarket’s cumulative trading volume exceeded $7 billion.

  • Emerging trends: AI agents are rapidly emerging, with Autonolas becoming one of the fastest growing projects, with a short-term weekly transaction volume of 120,000 transactions, pushing the total number of autonomous transactions on the Safe platform to nearly 2 million.

About Safe

Safe (formerly Gnosis Safe) is an on-chain asset custody protocol that provides security for over $100 billion in assets. The protocol is released by the Safe Ecosystem Foundation as an open source software stack that aims to establish a universal "smart account standard" to securely custody digital assets, data, and identities. Safe's mission is to unlock digital ownership for everyone in Web3, including DAOs, enterprises, retail, and institutional users.