Safe Smashes Quarterly Transaction Record with 130M Deals in Q2
Safe, formerly known as Gnosis Safe, has set a new quarterly record for transactions processed in Q2 2026. According to the Safe Ecosystem Foundation, the smart account protocol handled nearly 130 million transactions during this period, representing a 5.7% increase from Q1's 122.9 million transactions.
April alone accounted for 55.4 million of these transactions, making it the single highest month on record for Safe. The report also showed that total accounts created on the protocol surpassed 63 million by the end of the quarter, a 20% jump year-over-year.
Transfer volume across all chains hit $39.35 billion for the quarter, an 8% increase compared to the same period last year. The launch of Safenet Beta in April is believed to have been a major catalyst for this growth, attracting 54.8 million SAFE tokens staked across 539 stakers by June 30.
As part of its path toward break-even by year's end, the foundation has publicly stated its goal of doubling project revenue in 2026, which had surpassed $10 million by the end of 2025. However, investors are advised to watch the ratio of active accounts to total accounts as a more honest signal of real engagement.