Safe's latest quarterly report reveals a significant portion of smart-account assets are held in DeFi applications. The company's data shows that $12.4 billion of these assets are in DeFi, after deducting $2.37 billion in borrowing. This figure is part of the larger $57.64 billion in smart-account assets reported by Safe.
Source
"$12.4 Billion of Smart-Account Assets Held in DeFi, Says Safe" — The Defiant
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Defiant. Read the full original report at the link above.
Safe does not break down the DeFi split in its published report, leaving some details unknown.
