Safe Says $12.4 Billion of Smart-Account Assets Sits in DeFi
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Safe reported that $12.4 billion of smart-account assets are deployed in DeFi, net of $2.37 billion in borrowing, within a broader $57.64 billion in total smart-account assets disclosed in its third-quarter report. The DeFi breakdown was not included in the published report, leaving the split between on-chain deployments and other holdings undisclosed. The figure underscores how much value now sits in programmable accounts rather than passive wallets, a shift that matters for custody, security and protocol risk. Watch for Safe to disclose the composition of the remaining $45.24 billion and for further detail on which protocols and chains hold the DeFi portion.
Muhabbit's AI wrote this summary in its own words from The Defiant's report. It can get details wrong, so check the source.
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Safe, DeFi