Save

Save fills a vital role in the Solana DeFi ecosystem by offering a powerful, intuitive protocol for lending and borrowing. Traditional DeFi platforms on Ethereum often suffer from high fees and slow transaction times. Save leverages Solana’s high-speed, low-cost architecture to create a lending protocol that’s not only cheaper and faster but also more accessible to a global user base. From the start, Save was designed to support a wide range of use cases—supplying crypto to earn interest, borrowing assets using crypto as collateral, and executing advanced leverage strategies like going long or short on supported tokens.

Users benefit from a sleek and highly responsive interface that provides real-time APY, borrowing limits, and liquidation thresholds. Unlike some of its competitors such as Port Finance, Save focuses exclusively on permissionless scalability. The platform allows anyone to connect their wallet, deposit assets like USDC, ETH, BTC, or SOL, and start earning or borrowing instantly—with no sign-ups or KYC.

Its underlying architecture supports secure account analytics with clearly defined metrics like net value, borrow utilization, and liquidation thresholds. All key performance data is live and actionable, giving users transparency and control over every financial move they make. By combining this with a smooth onboarding experience and clear risk visualization, Save is poised to become a cornerstone of Solana DeFi.

Save provides several powerful benefits and features that make it a standout in the Solana DeFi ecosystem:

• Ultra-Fast Transactions: Built on Solana, Save processes lending and borrowing actions in seconds—100x faster than most Ethereum-based solutions.
• Low-Cost Efficiency: Gas fees are negligible, allowing users to deposit, borrow, or repay without worrying about transaction costs.
• Permissionless Access: No KYC or registration required. Anyone with a Solana wallet can use Save.
• Earn Interest Easily: Deposit assets like SOL, USDC, BTC, or ETH and start earning real-time yield instantly.
• Borrowing with Collateral: Use deposited assets to borrow funds against your portfolio while monitoring utilization and liquidation thresholds.
• Leverage Options: Take long or short positions directly through the platform to enhance your trading strategy.
• Fully Transparent Risk Tools: Real-time analytics such as net value, supply/borrow ratios, and health bars protect users from unnecessary risk.

Save makes it easy to get started with lending or borrowing on Solana:

• Install a Solana Wallet: Download and set up Phantom Wallet. It’s supported on both desktop and mobile.
• Fund Your Wallet with SOL: You’ll need a small amount of SOL for gas. Transfer SOL from exchanges like Coinbase or Binance to your wallet.
• Connect to Save: Visit save.finance and connect your Phantom Wallet.
• Deposit an Asset: Choose an asset like USDC, SOL, or ETH and input the amount. Approve the transaction in your wallet to begin earning interest.
• Borrow Funds: Once you’ve deposited collateral, navigate to the borrow section. Enter the amount to borrow and approve it.
• Manage Your Position: Monitor your borrow utilization and account health in the account panel. Repay or adjust your deposits anytime.
• Use Mobile or Ledger: Save is mobile-optimized and supports Ledger wallets. On mobile, connect via Phantom’s built-in browser to manage your savings from anywhere.