Safe posts record Q2 transaction activity as Safenet Beta reaches 54.8M SAFE staked

The Safe challenge’s second public quarterly report information almost 130 million transactions, rising month-to-month energetic accounts and $1.98 million in project-wide income, alongside the launch of Safenet Beta.

Safe Ecosystem Foundation has released its Q2 2026 Quarterly Report. Safe good accounts processed almost 130 million transactions in Q2, the very best quarterly whole to this point and a 5.7 p.c enhance from Q1 2026. Monthly energetic accounts reached 2.73 million in June, whereas Safenet Beta closed its launch quarter with 54.8 million SAFE staked throughout 539 stakers.

Read the total report on the Safe Foundation web site: https://safefoundation.org/reports/q2-2026

As of 29 July 2026, Safenet Beta had checked greater than 500,000 Safe transactions. The community started with six preliminary validators: Greenfield, Safe Labs, RockawayX, Blockchain Capital, Gnosis and Core Contributors. During beta, Safenet applies predefined safety insurance policies to Safe activity and information attestations onchain, serving to convey transaction safety nearer to execution whereas customers retain full management of their property.

April was the busiest month in Safe’s historical past, with 55.4 million transactions. Monthly energetic accounts rose all through the quarter, reaching 2.73 million in June, whereas whole Safe accounts reached 63.4 million.

“Q2 issues as a result of it confirmed Safe turning into greater than a spot to carry property,” mentioned Lukas Schor, Co-Founder of the Safe challenge and President of the Safe Ecosystem Foundation. “Usage saved compounding by way of a weaker market, groups continued to coordinate critical capital by way of Safe, and Safenet moved transaction safety nearer to execution. That is the shift we’re constructing for: self-custody infrastructure that protects possession, helps coordination and makes onchain activity safer for the time being worth strikes.”

The quarter additionally confirmed the Safe challenge’s function as coordination infrastructure for high-stakes onchain response. After the Kelp DAO exploit in April, the Aave-led DeFi United group used Safe good accounts to coordinate roughly $300 million to assist restore rsETH backing, with greater than 142,000 wallets collaborating over three weeks.

The Safe challenge generated $1.98 million in income general in Q2, up 42 p.c 12 months over 12 months. The quarter additionally introduced extra repeatable sources of income and new paying clients for Safe Labs merchandise. The Foundation’s Ecosystem Alignment Program signed its third long-term partnership, a five-year token swap with Velvet, after earlier offers with World and JOIN.

Q2 Highlights

Safenet Beta: 54.8M SAFE staked throughout authorised stakers, supporting a whole lot of 1000’s of transaction attestations since launch on April 2, 2026.
Scale: Total Safe accounts reached 63.4M, up 20% 12 months over 12 months, with almost 130M transactions processed in Q2.
Active customers: Monthly energetic Safe accounts reached 2.73M in June 2026.
Volume: Q2 switch quantity reached $39.35B, up 8% 12 months over 12 months, with ETH-denominated quantity reaching 5.94M ETH in June.
TVL: Safe good accounts collectively held $27.24B in self-custodied property at quarter-end, together with $6.48B in stablecoins.

About Safe

Safe (beforehand Gnosis Safe) is an onchain asset custody protocol that has processed over $1.4T+ in whole worth (TVP). Released as an open-source software program stack by the Safe Ecosystem Foundation, it’s establishing a common good account commonplace for safe custody of digital property, information, and id. Safe is constructed for the mission to unlock digital possession for everybody in web3, together with DAOs, enterprises, retail, and institutional customers.

About the Safe Ecosystem Foundation, Zug, Switzerland

The mission of the Safe Ecosystem Foundation is to help the event of Safe, to strengthen Safe expertise and to advertise the Safe Ecosystem. The Safe Ecosystem Foundation is a non-profit organisation primarily based in Zug, Switzerland, that helps educate individuals about Safe good accounts and promotes Safe expertise by way of the availability of grants and different types of funding.

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Legal Disclaimer

This press launch is issued by the Safe Ecosystem Foundation, Zug, Switzerland (the “Foundation“). This is just not a proposal to promote or a solicitation of a proposal to buy any SAFE tokens and isn’t an providing, commercial, solicitation, affirmation, assertion, or any monetary promotion that may be construed as an invite or inducement to interact in any funding activity or comparable.

The Foundation makes no representations, warranties, and/or covenants with respect to the Safe Technology (or any implementations of the Safe Smart Accounts) or any program (Grants, Hackathons and/or another types of funding) run by the Safe Ecosystem Foundation. Safenet Beta is offered on an “as is” and “as out there” foundation for improvement and testing functions solely. The Foundation doesn’t handle or management the Safenet Beta expertise and doesn’t present any providers associated to Safenet Beta. Validators act independently and bear full duty for his or her actions. To the fullest extent permitted by legislation, the Foundation, its associates, and related individuals expressly disclaim all legal responsibility for any damages of any sort arising out of or in reference to the usage of, or incapability to make use of, Safenet Beta. Any interplay with Safenet Beta is at your individual danger. This press launch could comprise forward-looking statements that contain dangers and uncertainties. Actual outcomes could differ materially from these anticipated.

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