Is Save Safe?
Risk Grade: B- (32/100)
Save is rated as moderate risk — some novel mechanisms, generally well-understood.
Moderate risk — survived a major whale crisis and improved, but rapid product expansion into stablecoins and staking adds untested risk on top of a legacy codebase
A Solana lending protocol (formerly Solend) where you deposit crypto to earn interest or borrow against it. It holds $300M in deposits. Its B- grade reflects a near-catastrophe in 2022 when a single whale held 95% of pool deposits and a controversial governance vote tried to seize their funds.
TVL
$76M
Mechanisms
8
Interactions
5
Value Grade
C-
Key Risks for Save Users
One whale once held 95% of the pool. Despite a $50M borrow cap introduced afterward, large accounts can still dominate pools and create liquidation bottlenecks
Newly launched sUSD stablecoin and saveSOL staking token expand the attack surface without the years of battle-testing the core lending product has
Losing market share to Kamino and Jupiter Lend while maintaining legacy code increases the chance of bugs going unfixed
Top Risk Factors
- •Historical whale concentration risk — a single account once held 95% of pool deposits, and concentration monitoring remains the protocol's critical vulnerability
- •Newly launched sUSD stablecoin and saveSOL LST expand attack surface without extensive battle-testing
- •Losing market share to Kamino and Jupiter Lend while maintaining legacy codebase from Solend era increases technical debt risk
Risk Score Breakdown
Save's highest risk area is Vitality Risk (7/10). Here's how each dimension contributes to the overall 32/100 score:
Read the Full Save Risk Report
This protocol has 2 collapse scenarios. 3 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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