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Permissionless lending and savings protocol, formerly known as Solend.
Save is the rebranded Solend, the first major lending protocol on Solana. Solend launched in 2021 and became one of the cornerstones of early Solana DeFi, letting users supply assets such as SOL, USDC and wrapped BTC to earn interest, or borrow against them as collateral.
In 2024 the protocol rebranded to Save and simplified its product around core lending. It now centers on permissionless, isolated lending pools: anyone can create a pool with its own collateral factors, interest-rate curves and accepted assets, which makes Save a home for long-tail tokens that larger lenders haven't listed. The rebrand also introduced saveSOL, a liquid staking token.
The final step of the rebrand was the token conversion: from December 2024, SLND holders could burn 1 SLND for 1 SAVE plus an allocation of SEND, the token of the team's sister protocol Suilend on Sui. SAVE is used for governance and protocol incentives.
Save remains live in 2026, though newer lenders such as Kamino and Jupiter Lend have overtaken it in deposits. Its focus is on reliability and on serving assets the bigger markets don't support.
If you are in anything, pivot to crypto.
May the green candle heals us all 🙏 https://t.co/suWY9Ea3wC
Gm Bulls https://t.co/P3A4hDUGJZ
imagine having free will and never once bought $SOL
SUPTOBER CAN WE HAVE AN UPTOBER https://t.co/Ro3pubeL0g
Community sentiment is optimistic about Save Finance's utility in DeFi infrastructure, particularly its integration with lending, borrowing, and perpetuals protocols. Users highlight early-stage opportunities and technical innovations that differentiate Save's approach in the Solana ecosystem.
Something big is coming, a unique tech will be launched in backd And all of this is powered by lending and perps, by @MeteoraAG and @save_finance .
solana:purpFPo5voy6fEu8jxSCwVdMs1zyYEYAH6FBQvTYCZK already showed the Hyperliquid version of this meta. 5m ATH. ~1.2m now. Fees → book → buybacks. It works. solana:2pPPGoFjQtkFjGkwDDUfVofdgEUrFZEiU6D8SuedZupM takes the same HL loop and runs it through @save_finance first. Supply. Borrow. Then perp. Same dollar of fees, two return paths. That’s the only point. solana:purpFPo5voy6fEu8jxSCwVdMs1zyYEYAH6FBQvTYCZK got discovered. This one hasn’t. We’re early. @backdperps 2pPPGoFjQtkFjGkwDDUfVofdgEUrFZEiU6D8SuedZupM
🌾 More DeFi protocols tracked: @save_finance (Solana), @MeteoraAG DLMM and DAMM pools, Exponent LP positions and NFT mint yield. @JupiterExchange Lend borrow positions are back too.
@save_finance May? I can’t wait that long!
@save_finance imagine missing out on sol
