Safe claims that 12.4 billion USD in smart account assets are deployed in DeFi

Smart Account Infrastructure Safe indicates that approximately 12.4 billion dollars of assets in its smart account system are deployed within DeFi protocols, with this figure representing the net value after deducting 2.37 billion dollars in loans. Safe is developed from the Gnosis Safe multi-signature wallet, and its accounts are widely used for DAO treasuries and protocol fund management.

The third-quarter report released by Safe shows that the total asset scale carried by its smart accounts is 57.64 billion dollars, but the report does not separately list the portion deployed in DeFi. The disclosed figure of 12.4 billion dollars provides the distribution of assets in DeFi for that quarter.