World (formerly known as Worldcoin) is committed to promoting the mainstream adoption of cryptocurrency. Currently, approximately 330,000 new Safe smart accounts are created each week within this ecosystem. In the third quarter of 2024 alone, Safe added 14 million accounts, of which 93% are associated with World ID newly created on World Chain and Optimism.
As a leading smart account system, Safe plays a core role in this process. Since 2024, World has supported over 57 million Safe-based transactions, indicating that Safe's security and user-friendly design effectively attract new users to the crypto ecosystem. World aims to attract global users through the identity and privacy features of World ID, enabling everyone to utilize the wallet abstraction of the Safe smart account infrastructure.
Safe's current RWA smart account protocol provides abstraction and multi-signature interaction capabilities, having processed over $785 billion in transaction volume to date, with Safe accounts holding a total of 6.8% of USDC. Currently, nearly 10% of Ethereum's on-chain transaction volume is completed through Safe accounts, demonstrating Safe's tremendous potential to bring more economic activity on-chain.
Overview of Safe protocol data:
Transaction volume reaching $785 billion
Total number of transactions reached 127 million
Total assets stored exceed $100 billion
Total number of deployed accounts exceeds 27 million
Over 200 ecosystem projects are built on the Safe smart account standard.
World is committed to making DeFi and digital identity easily accessible to everyone, regardless of background or location. By applying Safe's account abstraction scheme, World’s World App not only provides a more convenient and intuitive on-chain experience but also sets a new participation standard - with a weekly user retention rate that is twice the industry average.
World is leveraging Safe's infrastructure to break down barriers, enabling individuals and institutions to easily create on-chain identities, protect their assets, and interact with decentralized services.
Meanwhile, Safe continues to earn the trust of users, managing assets worth over $100 billion, indicating that the market is gradually leaning towards projects that can provide truly lasting value. In the current context, which places more emphasis on fundamentals—such as sustained growth, substantial revenue potential, and everyday usability—Safe stands out as a leader in the industry.
Safe's RWA protocol recently launched 'Safenet', an innovative transaction co-processing network. Safenet brings millions of dollars in RWA revenue-sharing opportunities for co-processor roles. As a powerful transaction co-processing platform, Safenet consists of thousands of dedicated application co-processors capable of handling a variety of on-chain and off-chain inputs. These processors facilitate revenue sharing by processing inputs from AI, RWA, DeFi, PayFi, DEXs, and various industries and business sectors.
About Safe
Safe (formerly Gnosis Safe) is an on-chain asset custody protocol that provides security for assets exceeding $100 billion. The protocol is published by the Safe Ecosystem Foundation as an open-source software stack, aiming to establish a universal 'smart account standard' for securely custodizing digital assets, data, and identities. Safe's mission is to unlock digital ownership for everyone in Web3, including DAOs, enterprises, retail, and institutional users.
About Safe Ecosystem Foundation
The Safe Ecosystem Foundation is a non-profit organization headquartered in Zug, Switzerland, aimed at helping people understand Safe smart accounts and promoting Safe's technology through funding and other forms of support.