Save
1 known investors
Save is a decentralized finance protocol offering lending and borrowing pools where users can deposit assets to earn yield or borrow against collateral. It operates on a blockchain (Solana-based, referencing saveSOL) with features like liquidity pools, rewards, and liquidation mechanisms.
Also known as Save (formerly Solend) · save.finance · Solend
Investors · 1
Company profile
researched Aug 2026Save, described in its documentation as "Save (formerly Solend)," is an algorithmic, decentralized protocol for lending and borrowing on the Solana blockchain. Users connect a wallet to supply assets into pools to earn interest, or borrow against deposited collateral. The documented use cases are earning interest, borrowing, leveraged long positions and short positions. The protocol's web interface presents pools with per-asset figures for deposits, borrows, LTV/borrow weight, deposit APR and borrow APR, alongside aggregate totals for deposits, borrows and TVL.
The documentation positions Solana as the enabling factor for the protocol's cost and speed profile, stating the protocol can scale to being 100x faster and 100x cheaper than existing lending and borrowing products, which it characterizes as slow and expensive. Documentation sections cover supply and borrow APY, liquidations, risks, protocol parameters, fees, liquidity mining, limits, oracles, flash loans, cTokens, access controls and a developer referral fee, as well as a DAO and token, an IDO, permissionless pools (including listing, managing and pre-listing checklists, and a Switchboard v2 guide), integrations, and a "Solend LITE" product. Pools display an owner and a liquidator role, with liquidation shown as permissionless and configurable outflow limits per pool.
Business model
The protocol operates as on-chain lending pools in which depositors supply assets to earn interest and borrowers post collateral to take loans; documentation references protocol fees, liquidity mining, flash loans and a developer referral fee as protocol-level mechanisms.
Latest developments
The save.finance interface carries a 2025 date stamp and, at the time of retrieval, displayed total deposits, total borrows and TVL of $0.00 with assets still loading, so live protocol metrics could not be verified from the page.
▸Full profile — market position, technology, go-to-market, history, risks & controversies
Market position
Positioned in the Solana DeFi lending and borrowing segment; the documentation states the aim of being the easiest to use and most secure lending solution on Solana.
The stated differentiation is execution on Solana for materially lower cost and higher speed relative to existing DeFi lending products, together with permissionless pool creation and permissionless liquidation.
Technology
Save is built on Solana as an algorithmic, decentralized lending protocol. Documented components include cTokens, oracles (with a Switchboard v2 guide for permissionless pools), permissionless liquidation, per-pool outflow limits, flash loans, access controls, and published addresses and integration guides for developers. The documentation notes an audit and a bug bounty.
Go-to-market
Self-serve web application at save.finance where users connect a wallet to access pools, supported by public developer documentation, integration guides and permissionless pool listing for third parties.
Crypto asset holders on Solana seeking yield on deposits or leverage/borrowing against collateral, plus developers and pool creators integrating with or listing permissionless pools.
History
The protocol was previously known as Solend and now operates under the name Save; its documentation is titled "Save (formerly Solend)" and still refers to "Solend Pools" and "Solend LITE" in places. The documentation's introduction page was last updated two years prior to retrieval.
Risks & controversies
The documentation includes dedicated pages on risks, including risks specific to permissionless pools, and on liquidations; no controversies are described in the available sources.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsDocumentation is published under the title "Save (formerly Solend)", indicating the protocol previously operated as Solend; internal pages still reference Solend Pools and Solend LITE.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Savesave.finance · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Save do?
- Save (formerly Solend) is an algorithmic decentralized lending and borrowing protocol built on Solana.
- Who are Save's investors?
- Save's investors include Coinbase Ventures.