Safe (SAFE)

The project’s broader ambition is to make smart accounts a default standard for Ethereum and other EVM-compatible networks. Through Safe{Core}, developers can build account abstraction features into applications, enabling experiences such as gasless transactions, social or biometric-style logins, account recovery, spending controls, and more advanced permission systems. These features are designed to make blockchain accounts safer and easier to use, particularly for mainstream users and organisations that cannot rely on a single private key.

Safe is used across a wide range of crypto sectors, including DeFi, NFTs, gaming, payments, staking, and SocialFi. Its infrastructure supports many third-party projects and is deployed on multiple networks, reflecting its role as a foundational custody layer rather than a single consumer application. Well-known crypto users, DAOs, and companies have used Safe-style accounts to manage high-value treasuries and digital assets.

Security is central to Safe’s market position. Its contracts are open source, have undergone formal verification and multiple audits, and have been tested over years of production use. The SAFE token is tied to governance and ecosystem development around this smart account infrastructure, giving holders exposure to a project focused on secure ownership in web3.