Safe (Gnosis Safe) protocol
Overview
Safe, formerly Gnosis Safe, is a smart-contract wallet standard for Ethereum and EVM chains that began as Gnosis's multi-signature wallet and later moved to the Safe brand. Rather than a single private key, a Safe is a smart contract that requires a configurable threshold of signatures before a transaction executes, which is why it is the default treasury and cold-storage tool for DAOs, protocols and exchanges. It has become the industry standard for onchain asset custody, with reporting that it secures over $100 billion in assets. Safe's largest reputational event was the February 2025 Bybit hack: on 21 February 2025 attackers stole more than $1.4 billion including 401,347 ETH from Bybit's cold wallet. The attack did not break the Safe contracts — attackers phished Bybit's multisig signers (including its CEO) into approving a transaction that swapped the Safe implementation contract for a malicious one, exploiting 'blind signing' on hardware wallets that display only a transaction hash. The product started as Gnosis Safe, Gnosis's multi-signature smart contract wallet, and was rebranded to Safe. On 21 February 2025 Bybit lost more than $1.4 billion in the largest crypto theft on record through a phishing attack on its Safe multisig signers; it was attributed to North Korea's Lazarus Group via FBI intelligence and onchain analysis by ZachXBT on 22 February 2025.
Within the DeFi Intel graph, Safe (Gnosis Safe) connects to 4 tracked entities, most strongly to Ethereum, Arbitrum, Base.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 85% |
deployed_on | Arbitrum | 85% |
deployed_on | Base | 85% |
deployed_on | BNB Chain | 85% |
Frequently asked questions
What is Safe (Gnosis Safe)?
Safe (Gnosis Safe) is a multisig-wallet tracked in the DeFi Intel knowledge graph. It is connected to 4 other tracked entities, most strongly to Ethereum, Arbitrum, Base.
What type of entity is Safe (Gnosis Safe)?
Safe (Gnosis Safe) is classified as a multisig-wallet (protocol) in the DeFi Intel knowledge graph.
What is Safe (Gnosis Safe) connected to?
In the DeFi Intel knowledge graph, Safe (Gnosis Safe) is linked to 4 other tracked entities, most strongly to Ethereum, Arbitrum, Base.
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