Safe's Q2 transaction volume reached 130 million, with revenue declining by over 30% compared to the previous quarter
According to The Block, Safe processed 130 million transactions in the second quarter, created over 63 million accounts, and stored 1 dollar out of every 48 dollars of global stablecoin supply in Safe. Safe's revenue for this quarter dropped to $1.98 million, lower than the $2.88 million in the first quarter. Consumer applications on World Chain and Polygon contribute the majority of transaction volume, with World App accounting for 52% and Polymarket accounting for 35.7%. The Safenet beta version launched by Safe has processed 456000 transaction checks and currently pledges 54.8 million SAFE tokens.