Secure Asset Fund for Users (SAFU)

What Is SAFU?

The Secure Asset Fund for Users (SAFU) is a fund that was established by Binance in July 2018 to protect users' assets. When the fund was established, Binance allocated a percentage of trading fees in order to grow it to a sizable level to safeguard users.

As of  February 2026, the SAFU fund wallet comprises crypto assets valued at approximately US$1 billion. The composition of token(s) in the SAFU fund wallet(s) may be adjusted from time to time at Binance’s discretion.

Today, a portion of these funds are used as capital reserves as part of Binance’s regulatory obligations in the Abu Dhabi Global Markets (ADGM) and, and the SAFU fund is held and managed by Nest Clearing and Custody Limited, a Recognized Clearing House with a stipulation to Provide Custody regulated by the ADGM Financial Services Regulatory Authority.

SAFU wallet address: 

• BTC: 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD 

• USDC: 0x420ef1f25563593aF5FE3f9b9d3bC56a8bd8c104

The Origin of SAFU

During unscheduled maintenance, Changpeng Zhao (CZ), former Binance CEO, tweeted out to users stating:

Funds are safe

After this, the phrase "Funds are safe" became regularly used by CZ to ensure users were aware that their funds were, in fact, safe.