Safe Q2 transactions near 130 million as accounts rise 20% year over year

Safe processed nearly 130 million transactions in Q2 2026, its highest quarterly total on record, as usage continued to rise despite weaker market conditions. Total Safe accounts reached 63.4 million, up 20% from a year earlier, while monthly active accounts climbed through the quarter to 2.73 million in June. April was the busiest month ever for the protocol with 55.4 million transactions. Transfer volume reached $39.3 billion in the quarter, up 8% year over year, and Safe accounts held $27.24 billion in self-custodied assets at quarter-end, including $6.48 billion in stablecoins. The project generated $1.98 million in revenue, up 42% from a year earlier, according to the Safe Ecosystem Foundation’s Q2 2026 report. Safe said the figures show smart-account activity continuing to compound independently of token prices. Safenet beta, launched on April 2, ended its first quarter with 54.8 million SAFE staked across 539 stakers and had checked more than 500,000 Safe transactions as of Tuesday. The quarter also put Safe at the center of crisis response after the April KelpDAO exploit, when the Aave-led DeFi United group used Safe smart accounts to coordinate roughly $300 million to help restore rsETH backing, with more than 142,000 wallets participating over three weeks. SAFE rose 4.2% in the past 24 hours, ahead of Bitcoin’s 1.3% gain, according to CoinGecko.