SAFE SAFEbit Rank #341 $0.0862 ▼ 4.54%

Safe is a decentralized custody protocol that operates as the ownership layer for on-chain assets, with its contracts deployed across more than fifteen networks including Ethereum and Gnosis Chain. The protocol provides account abstraction infrastructure built around a smart account standard, enabling features such as multi-signature controls, gasless transactions, social-login authentication, and account recovery. Safe's product suite centers on Safe{Wallet}, a self-custody wallet used by individual holders and large organizations for managing assets and high-value digital collectibles, and Safe{Core}, a developer toolkit that allows other applications to integrate smart account functionality. The open-source contracts have been formally verified and audited and have recorded no critical security incidents since the protocol's deployment in 2018. The surrounding ecosystem includes more than two hundred projects building on the Safe standard, spanning decentralized finance, payments, identity, gaming, and other applications. Safe is categorized as core infrastructure within the broader Ethereum ecosystem, serving as a foundational layer for self-custody and programmable account management.