Safe
What this is
Safe is an infrastructure project that provides smart-account technology for the Ethereum ecosystem and other compatible networks, aiming to make self-custody of digital assets more secure and accessible. It is best known for its multi-signature wallet standard, which requires multiple approvals before funds can move, reducing the risk that any single compromised key can drain an account. The project targets individuals, decentralized-autonomous organizations, and large institutions that want to hold assets without relying on a third party.
Safe operates through a set of open-source smart contracts deployed across more than 15 blockchain networks, with Ethereum as the primary settlement layer. The SAFE token exists within this ecosystem, though the data on file does not describe a specific on-chain consensus mechanism — Safe is not itself a standalone blockchain but a contract standard that runs on top of existing ones. The token's precise governance or utility function inside the protocol is not detailed in the information provided here.
Safe collected 17,901 USD in fees over the most recent 24-hour period and 33,076 USD over the trailing 30 days, with fees annualized from that 30-day window reaching 402,424.67 USD. Over the trailing 12 months the protocol recorded 1,180,945 USD in fees. Supply-side revenue for the trailing 30 days is recorded as zero, meaning the full fee take goes to the protocol rather than to liquidity providers or other third-party suppliers, giving a take rate of 100 percent. At current figures, market capitalization divided by annualized fees stands at 167.53 and the fully diluted valuation divided by annualized fees stands at 218.30.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.