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staking

Save SOL

Rejected
Max sleeve
Reviewed
2026-08-15 · v1
Next review
2026-11-15
Chains
Solana · crypto-backed

Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.

saveSOL is a Solana liquid staking token issued by the Save team, built to serve as collateral inside Save Finance. It held about $4.6M in TVL at the 2026-08-14 survey, under the $100M floor. On Solana we have already selected Marinade for liquid staking, so at scale saveSOL would face the category comparison as well. Below the floor, size alone rejects it: an advised book of $1M to $8M from one practice becomes the exit crush at this scale.

The research file

Applicability to the surveyed record

Save identifies saveSOL as a Solana liquid-staking token built with the SPL Stake Pool Program. A user deposits SOL and receives saveSOL representing a fractional pool claim; validator rewards increase the saveSOL-to-SOL exchange rate, and Save offers the receipt as collateral in its lending product. This establishes the surveyed liquid-staking mechanism.

Current observation and perimeter

The DefiLlama protocol API read on 2026-08-15 continued to classify Save SOL as Liquid Staking, reported only Solana, and showed approximately $4.59M TVL. It identifies the live saveSOL mint and the SPL Stake Pool measurement method; the official Save page continues to expose stake, immediate unstake, and stake-account conversion actions.

Control and exit applicability

The SPL stake-pool manager and staker control fees, authorities, validator membership, and delegation, while users hold a transferable pool token. Save states that immediate unstaking carries a fee; alternatively a holder can withdraw the represented SOL into a stake account without protocol fee or slippage and then complete native deactivation through the wallet, which introduces epoch timing.

Why the class rule decides

The shared v1 below-materiality dossier controls because the Solana-only stake pool remains far below $100M. Reopen after DefiLlama TVL remains above $100M for 30 consecutive days, then compare saveSOL with the approved Solana staking implementation and review manager and staker authorities, validator policy, fees, audits and incidents, lending collateral dependence, secondary liquidity, reserve-SOL and stake-account exits, and stressed redemption.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

Inherited controls

The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.

ChainVerdictGradeControl constraint
SolanaApproved · limits crypto-backed no admin key can seize funds, but stake concentration and a sub-25 Nakamoto coefficient are the standing watch items.
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