Key Metrics
Fees (Annualized)$3.7m
Fees 30d$53,561
Solana$53,561
Fees 7d$5,426
Solana$5,426
Fees 24h$3,254
Solana$3,254
Cumulative Fees$22.18m
Solana$22.18m
Revenue (Annualized)$957,076
Revenue 30d$11,111
Solana$11,111
Revenue 7d$1,192
Solana$1,192
Revenue 24h$664
Solana$664
Cumulative Revenue$6.7m
Solana$6.7m
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
Solana$0
Holders Revenue 7d$0
Solana$0
Holders Revenue 24h$0
Solana$0
Cumulative Holders Revenue$0
Solana$0
Active Loans$146.94m
Total Raised$32.5m
Oct 1, 2021$6.5mRound: SeedInvestors: Coinbase Ventures, Dragonfly Capital, PetRock Capital, Polychain, Race Capital, Snow K, Solana Ventures
Nov 3, 2021$26mRound: ICO
Protocol Information
Save (formerly Solend) is an algorithmic, decentralized protocol for lending and borrowing on Solana. Lending and borrowing has proven itself as being key in a DeFi ecosystem. However, current products are slow and expensive. On Solana, Solend can scale to being 100x faster and 100x cheaper. Solend aims to be the easiest to use and most secure solution on Solana.
Category:Lending
Audits:
Methodology
TVL: TVL consists of deposits made to the protocol and like other lending protocols, borrowed tokens are not counted. Coingecko is used to price tokens.View code on GitHubFees: Borrow interest, origination fees, flash loan fees, liquidation penalties, account close feesView code on GitHubRevenue: 20% interest spread, 80% of origination/flash loan fees, 30% of liquidation penaltiesView code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked77
Average Supply APY20.91%
Hacks
Date: Nov 2, 2022
Amount: $1.26m
Classification: Ecosystem
Technique: Price Oracle Attack
Chains: Solana
Language: Rust
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Save?
Save (formerly Solend) is an algorithmic, decentralized protocol for lending and borrowing on Solana. Lending and borrowing has proven itself as being key in a DeFi ecosystem. However, current products are slow and expensive. On Solana, Solend can scale to being 100x faster and 100x cheaper. Solend aims to be the easiest to use and most secure solution on Solana.
What is Save's TVL?
Save currently has $64.4m in total value locked. TVL has decreased 11.4% over the past 30 days.
What chains does Save operate on?
Save operates on 2 chains: Eclipse and Solana. Solana holds the largest share at 99.6%.
How much has Save generated in fees and revenue?
Over the past 30 days, Save generated $53,561 in fees. Of that, $11,111 was protocol revenue. Based on the trailing year, the annualized rate is $3.7m in fees and $957,076 in revenue.
How much has been borrowed through Save?
Save currently has $146.94m in active loans.
Has Save ever been exploited?
Save has 1 recorded security incident. The most recent incident occurred on Nov 2, 2022 and involved $1.26m. It was classified as Ecosystem.
