Safe processes nearly 130 million transactions, Q2 revenue drops to 1.98 million
Safe reported nearly 130 million transactions processed in Q2 2026, ending the quarter with over 63 million Safe accounts created, a 20% year-over-year increase. April was the busiest month with 55.4 million transactions, while monthly active accounts reached 2.73 million in June. Approximately 1 out of every 48 dollars of global stablecoin supply is held in a Safe. Quarterly revenue fell over 30% to about 1.98 million from 2.88 million in Q1, attributed to declining crypto prices. Safe is a programmable smart-account wallet solution used by security-focused individuals and teams. Notably, DeFi United coordinated around 300 million dollars in ETH and stablecoin donations via Safe this quarter. Q2 2026 marked a record high for crypto hacks, with losses exceeding 1 billion dollars. Safe launched its onchain security network Safenet in beta, processing 455,646 transaction checks by quarter-end, secured by 54.8 million staked SAFE tokens. Most transactions came from consumer applications on World Chain and Polygon, with World App accounting for 52% of transaction volume.
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