Multi-Sig Wallet Calculator
Calculate deployment and transaction costs for Gnosis Safe and other multi-signature wallets
Multi-Sig Configuration
About Multi-Signature Wallets
A multi-signature (multi-sig) wallet requires multiple private keys to authorize a transaction, providing enhanced security for managing digital assets. Instead of a single point of failure, multi-sig wallets distribute control among multiple parties.
How Multi-Sig Wallets Work:
Multi-sig wallets are configured with a threshold requirement, such as "3 of 5", meaning 3 signatures out of 5 designated signers are required to execute a transaction. This setup provides several benefits:
No single compromised key can drain the wallet. Multiple approvals required for every transaction.
Perfect for DAOs, corporate treasuries, and partnerships. Democratic decision-making for fund management.
Losing one key doesn't lock you out permanently. Built-in redundancy protects against key loss.
All transactions require explicit approval from multiple parties. Transparent on-chain record.
Cost Components:
- Deployment Cost: One-time cost to deploy the multi-sig smart contract ($1-200 depending on network)
- Transaction Cost: Gas fee per transaction execution (includes signature verification)
- Signer Count: More signers = slightly higher deployment and transaction costs
- Network Selection: L2 solutions cost 90-95% less than Ethereum mainnet
For optimal security and usability, use a threshold of 50-75%. Common configurations: 2/3 (66%), 3/5 (60%), or 5/7 (71%).
Popular Multi-Sig Solutions
Gnosis Safe (Safe)
Most popular multi-sig solution. Battle-tested security, extensive app integrations, and support for all major EVM chains. Used by major DAOs and protocols.
Custom Multi-Sig
Various implementations including hardware wallet-based multi-sigs, exchange custody solutions, and custom smart contract implementations.