# Save > Solana's permissionless savings account. Decentralized lending protocol on Solana offering lending, borrowing, stablecoin issuance, liquid staking, and meme coin trading tools. Save is a DeFi protocol built on Solana. The protocol features multiple lending pools and specialized tools for meme coin trading. Their permissionless system allows users to create custom lending pools while maintaining protocol safety through advanced risk management. - Type: Company - Sector: Finance - Status: Active - Founded: 2021-11-01 - Profile: https://thegrid.id/profiles/Save ## Products - [Save Protocol](https://thegrid.id/profiles/Save): Decentralized lending protocol on Solana featuring three pool types: Main Pool for established assets, Isolated Pools for higher-risk tokens, and Permissionless Pools for custom markets. Implements dynamic interest rates based on utilization, advanced liquidation protection mechanisms, and flash loan capabilities. Includes real-time risk monitoring, automated liquidation engines, and cross-margin functionality across pools. Supports both variable and fixed interest rate markets. (Decentralised Borrowing & Lending, Live, Main Product) - [Suilend](https://thegrid.id/profiles/Save): Decentralized lending protocol on Sui blockchain developed by the Save (formerly Solend) team. Features permissionless lending and borrowing with multiple pool types, automated liquidation mechanisms, and risk management systems. Implements dynamic interest rates based on utilization and supports cross-collateral positions. (Decentralised Borrowing & Lending, Live) ## Assets - [Solend token (SLND)](https://thegrid.id/profiles/Save): SLND is the governance token of Save, a decentralized lending and borrowing protocol on Solana. It is used to vote on protocol changes and the allocation of the community treasury. The protocol rebranded from Solend to Save, expanding its scope to include additional financial products while maintaining SLND as the governance mechanism for directing protocol development. (Governance) - [Save Finance (SAVE)](https://thegrid.id/profiles/Save): SAVE is the governance token of Save Protocol, a decentralized lending platform on Solana. It is used to vote on protocol proposals and earn a share of protocol fees. The token converted 1:1 from SLND when the protocol rebranded from Solend to Save, marking the platform's expansion from lending-only services into a broader DeFi ecosystem. (Governance) - [Save, Solana (saveSOL)](https://thegrid.id/profiles/Save): saveSOL is a liquid staking token representing staked SOL on Save Protocol. It is used to maintain liquidity while earning staking rewards and can serve as collateral for borrowing within the Save ecosystem. The token incorporates leveraged staking strategies that allow holders to earn yield while capturing the upside of holding SOL. (Liquid Staking Tokens (LSTs)) ## Links - [Documentation](https://docs.save.finance) - [Whitepaper](https://v2.solend.fi) - [Main](https://save.finance) - [Twitter / X](https://x.com/save_finance) - [Discord](https://discord.com/invite/J7m48UUPkJ) - [GitHub](https://github.com/solendprotocol) ## Relationships - [Dumpy.fun](https://thegrid.id/profiles/dumpy): Subsidiary ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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