Save (fka Solend) vs Raydium
Last updated: April 3, 2026
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|---|---|---|
| Rating | (0) | (0) |
| Pricing | Free | Free |
| Health | Healthy | Healthy |
| Chain | solana only | solana only |
| Open Source | ||
| Features | 8 features | 8 features |
| Upvotes | ▲ 0 | ▲ 1 |
| Twitter Followers | 84,221 | 453,775 |
| Categories | DeFi & Yield | DEXs & Swaps |
| Description | Decentralized lending and borrowing protocol — formerly Solend | Leading AMM and liquidity protocol powering Solana DeFi |
Pros & Cons
Save (fka Solend)
- One of the longest-running Solana lending protocols — battle-tested through multiple market cycles
- Wide asset support including liquid staking tokens enables diverse lending strategies
- Strong risk management track record — survived major market crashes without protocol insolvency
- Deep liquidity in main pools ensures competitive rates for both depositors and borrowers
- Fully decentralized governance through SAVE token and DAO
- Controversial governance incident in 2022 (attempted whale account takeover) damaged trust
- Rebrand from Solend to Save created some confusion and fragmented brand recognition
- Interest rates can spike dramatically during high-utilization periods making borrowing expensive
- Competition from newer protocols like Marginfi and Kamino has reduced market share
Raydium
- Core Solana infrastructure — most new tokens launch with Raydium liquidity
Save (fka Solend) vs Raydium: Which Should You Choose?
Overview
Save (fka Solend) Save, formerly known as Solend, is one of the original and largest decentralized lending and borrowing protocols on Solana. Rebranded from Solend in late 2024, Save allows users to deposit crypto asse... Raydium Raydium is one of the original and most important automated market makers (AMMs) on Solana, serving as core liquidity infrastructure for the entire ecosystem. As both a DEX and liquidity provider, Ray...
Community Ratings
Both Save (fka Solend) and Raydium hold similar community ratings, suggesting users find comparable value in each. Your choice should come down to specific features, pricing, and ecosystem fit rather than overall score.
Pricing & Value
Save (fka Solend) uses a free model — Free to use. Interest rates are algorithmically determined by supply and demand. Small protocol fee on interest earned by depositors., while Raydium is free — Free to swap. Trading fee is 0.25% split between LPs, RAY buyback, and treasury. Pool creation fee applies.. Both tools are free, so cost isn't a deciding factor — focus on features and reliability instead.
Key Features
Save (fka Solend) offers 8 features including Algorithmic lending and borrowing with dynamic interest rates based on utilization, Multi-pool architecture — main pool for blue-chips, isolated pools for newer assets, Real-time oracle pricing with dynamic liquidation thresholds for risk management, and 5 more. Raydium counters with 8 features including Standard AMM pools and Concentrated Liquidity (CLMM) pools, Default liquidity venue for Pump.fun token graduations, Token creation tool for deploying new SPL tokens with liquidity, and 5 more. The right choice depends on which specific features matter for your use case — check the individual review pages for full breakdowns.
Reliability & Health
We monitor both tools around the clock for uptime, SSL validity, and response times. Save (fka Solend) currently has a healthy health status with 100.0% uptime over the last 30 days. Raydium is rated healthy with 100.0% uptime. For tools you rely on daily — especially trading bots or wallets — uptime and speed are non-negotiable.
Strengths
Save (fka Solend)'s key strengths include one of the longest-running solana lending protocols — battle-tested through multiple market cycles, wide asset support including liquid staking tokens enables diverse lending strategies, strong risk management track record — survived major market crashes without protocol insolvency. Raydium stands out for core solana infrastructure — most new tokens launch with raydium liquidity, concentrated liquidity pools offer significantly higher capital efficiency, deep liquidity across major trading pairs ensures low slippage.