SaveMicro-cap

Save receives a B- risk grade (32/100) from Hindenrank, where lower scores indicate lower risk. 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.

The key risks identified for Save are: (1) 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 (2) Newly launched sUSD stablecoin and saveSOL staking token expand the attack surface without the years of battle-testing the core lending product has (3) Losing market share to Kamino and Jupiter Lend while maintaining legacy code increases the chance of bugs going unfixed

Save scores 32/100 across eight risk dimensions: Mechanism Novelty: 0/15, Interaction Severity: 7/20, Oracle Surface: 3/10, Documentation Gaps: 3/10, Track Record: 4/15, Scale Exposure: 3/10, Regulatory Risk: 5/10, Vitality Risk: 7/10. The highest risk area is Vitality Risk at 7/10.

Among 90 rated Lending protocols on Hindenrank, Save ranks #34 by safety (lowest risk score = safest). Its 32/100 risk score and B- grade place it in the middle tier of Lending protocols.

Save scores 4/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.