Save(SAVE)
Total Value Locked$100.04m
TVL by Chain
Solana$100.04m
Eclipse$0
Key Metrics
Fees 30d$78,285
Fees 30d by chain
Solana$78,285
Fees 7d$16,404
Solana$16,404
Fees 24h$1,972
Solana$1,972
Cumulative Fees$22.31m
Solana$22.31m
Revenue 30d$10,985
Revenue 30d by chain
Solana$10,985
Revenue 7d$0
Solana$0
Revenue 24h$0
Solana$0
Cumulative Revenue$6.72m
Solana$6.72m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Solana$0
Holders Revenue 7d$0
Solana$0
Holders Revenue 24h$0
Solana$0
Cumulative Holders Revenue$0
Solana$0
Active Loans$163.31m
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.
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 Tracked58
Average Supply APY0.85%
Hacks
Date: Nov 1, 2022
Amount: $1.03m
Classification: Market Manipulation
Technique: Risk Parameter Abuse
Chains: Solana
Target Type: DeFi Protocol
Date: Nov 2, 2022
Amount: $1.26m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Solana
Language: Rust
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Save's TVL?
Save currently has $100.04m in total value locked. TVL has increased 9.4% over the past 30 days.
What chains does Save operate on?
Save operates on 2 chains: Solana and Eclipse. Solana holds the largest share at 100%.
How much has Save generated in fees and revenue?
Over the past 30 days, Save generated $78,285 in fees. Of that, $10,985 was protocol revenue. Based on the trailing year, the annualized rate is $2.8m in fees and $758,800 in revenue.
How does Save's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Save ranks #30 by TVL. The category holds $55.175b across 520 protocols, and Save accounts for 0.2% of that total. Other leading protocols include Maple, Kamino Lend, Jupiter Lend, Loopscale, Project 0, Templar Protocol, Larix, Jupiter Offerbook, DefiTuna Lending, and Omnipair.
How much has been borrowed through Save?
Save currently has $163.31m in active loans.
Has Save ever been exploited?
Save has 2 recorded security incidents. The most recent incident occurred on Nov 2, 2022 and involved $1.26m. It was classified as Oracle Manipulation.