Safe smart contract wallet v1.5.0 released and set as default for new wallet deployments.
Tech & Launches ·
Safe has released version 1.5.0 of its smart contract wallet and set it as the default for all new wallet deployments. Safe is an Ethereum-based smart-account platform that enables organizations and DAOs to manage digital assets through programmable smart contracts governed by multi-signature logic rather than single private keys.
The platform operates at significant scale across the EVM ecosystem. According to industry reporting, Safe now secures approximately one-third of EVM DeFi total value locked, around $35 billion, across roughly 61 million accounts, with quarterly transaction volume growing in double digits. The protocol supports features including multi-signature approvals, role-based access control, and batched transactions that would be difficult to implement with traditional single-key wallets.
The specific technical improvements and migration mechanics for v1.5.0 remain unclear from available detail. The update's purpose, whether addressing security, efficiency, or feature additions, has not been disclosed in the available material.