Is GNO safe?

GNO — Gnosis Token at 0x6810e776880c02933d47db1b9fc05908e5386b96 — is the staking and governance asset of the Gnosis ecosystem: Gnosis Chain, Safe (the multisig standard most of Ethereum's treasuries sit in), CoW Protocol, and the Gnosis Pay card all roll up to it. Ten million units minted at the 2017 ICO-era launch — one of the genuinely scarce large-cap supplies.

The September 27, 2026 snapshot reads a $315.5 million market cap against an $819.1 million FDV — barely a third of supply circulating, the rest treasury-held — with $299.8 thousand of tracked on-chain depth and 20,216 holders. The pool is thin for a cap this size; GNO's real market lives on centralized venues and the chain's own DEX.

Contract posture is as clean as the year it launched: mint and freeze renounced, grade A, 100/100. The honest math is concentration and float — the top ten wallets hold ~96% of supply, overwhelmingly the Gnosis treasury, which makes the circulating market thin and the circulating cap a polite fiction: the tradable float is the 4%, not the headline. Scarce by design, held by its own treasury, traded on a narrow book.

Figures dated September 27, 2026; the live scan refreshes them.

Balance concentration: the 10 largest token accounts hold 95.98% of GNO's supply as of 2026-09-27 — a heavily concentrated distribution — a handful of accounts can move or exit this market at will. Note these are token accounts: liquidity pools, exchange wallets and lockers count among them, so read this together with liquidity, not instead of it.