Lending protocolFormerly Solend

Save

Lending and borrowing protocol on Solana, formerly Solend.

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Facts checked Sep 26, 2026

Save key facts

CategoryLending protocol
ChainsSolana
PlatformsWeb
CustodyNon-custodial
Fees0.1% origination fee on most assets; 20% interest rate spread; 30% of liquidation penalty
Security auditsKudelski
Open sourceYes
ChainsSolana
About

What is Save?

Save, formerly Solend, is a decentralized lending and borrowing protocol on Solana. Users can earn interest, borrow, and open leveraged long or short positions. The protocol takes a 20% spread on borrow interest and charges a 0.1% origination fee on most assets.

Save usage

Total value locked$98.1M+7.6% in 7 days
Fees paid, 24h$2,157
Fees paid, 30d$78,575
Chains2

From DefiLlama (TVL) (fees users paid), updated Sep 26, 2026.

Lending protocolNon-custodialWeb

Save pros and cons

Pros
  • Smart contracts are open source and were audited by Kudelski
  • Origination fee is 0.1% on most assets
  • Supports permissionless pools that anyone can list
Cons
  • Protocol keeps 20% of borrow interest as revenue
  • First interaction costs about 0.01 SOL in account rent
  • Audit page lists a single audit, and the page was last updated 4 years ago

Save FAQ

What is Save?

Save, formerly Solend, is a decentralized lending and borrowing protocol on Solana. Users can earn interest, borrow, and open leveraged long or short positions. The protocol takes a 20% spread on borrow interest and charges a 0.1% origination fee on most assets.

How much value is locked in Save?

$98.1M according to DefiLlama on Sep 26, 2026. It is deployed on 2 chains: Solana, Eclipse.

How much does Save cost?

0.1% origination fee on most assets; 20% interest rate spread; 30% of liquidation penalty, according to Save’s own page (checked Sep 26, 2026).

How much do users pay Save in fees?

$78,575 over the last 30 days, according to DefiLlama on Sep 26, 2026.

Does Save hold my funds?

No. Save is non-custodial: you keep your funds in your own wallet and sign each transaction.

Sources

  1. Save: official site
  2. Save: Fees
  3. Save: Audit
  4. Save: Introduction
  5. DefiLlama

How this page works

Sources: Save: official site, Save: Fees, Save: Audit. Data as of Sep 26, 2026.

How we review

Not affiliated with any project listed. Educational content, not financial advice.