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DeFi Saver

Tools

Non-custodial app to manage DeFi lending and leverage positions, with automations like stop loss, liquidation protection and moving loans between protocols.

Security record: 2 incidents · 2 own fault · 1 repaid in full
Go to DeFi Saver

What it is

  • Manages lending positions on Aave, Compound, Morpho, Fluid, Spark, Maker, Sky, Liquity, Euler and LlamaLend
  • Runs on Ethereum, Arbitrum, Base, Optimism, Linea and Plasma; Ethereum has the full protocol list
  • Automations: liquidation protection, leverage management, stop loss and take profit
  • Loan Shifter moves a position between protocols or swaps its collateral or debt
  • TxSaver sends transactions with MEV protection

MeLong score

4 of 5

Six criteria, each 1 to 5 from the facts on this page, weighted into one score inside its category. How we score

Depth
10 lending protocols on 6 chains; the full list only on Ethereum
Cost
No fee to supply, borrow or repay; swaps 0.01% to 0.25%, automation 0.05%
Ease
Wallet only, no account; automations adjust positions for you
Trust
Needs approvals; audited by Dedaub and ConsenSys; 2 past bugs, no funds lost
Access
Wallet connection needed
Rewards
Up to 20K USDC pool for supplying USDC to Compound via DeFi Saver

How to start

Cost to start: No fee to supply, withdraw, borrow or pay back; swaps cost 0.01% to 0.25% and automated adjustments add 0.05%

  1. Connect your wallet in the DeFi Saver app
  2. Open your lending protocol's dashboard to see or create a position
  3. Use Boost or Repay to raise or lower leverage
  4. Set up an automation such as liquidation protection or stop loss

Live campaigns

Latest from DeFi Saver

Risks to know

Automation can be delayed by network congestion or fast market moves, and parts of the smart contracts are upgradeable through team multisigs.

Security record

2 incidents · 2 own fault · 1 repaid in full

Past incidents 2

Critical flaw found by Dedaub, $3.4M rescued. Dedaub found a critical vulnerability in two DeFi Saver contracts that exposed about $3.4M of two clients' positions ($1.2M and $2.2M). DeFi Saver and Dedaub moved the positions to new accounts through a white-hat exploit in under 20 hours; no theft by attackers was reported. Dedaub's write-up says client funds were migrated to safety with identical positions. https://dedaub.com/blog/static-analysis-5-7m-in-hard-assets-best-i-can-do-is-2-3m/

Own faultNo user losses

Sources: dedaub.com

Exchange vulnerability, funds rescued by white hat. A vulnerability in the DeFi Saver Exchange contract was disclosed to the team, which moved about $30k of at-risk user funds into a contract where only the original owners can withdraw. Some rescue transactions were front-run by arbitrage bots, whose gains were also returned. DeFi Saver said all ~$30k affected is safe and withdrawable by owners via its Safeguard page. https://blog.defisaver.com/disclosing-a-recently-discovered-exchange-vulnerability/

Own faultRepaid in full

Sources: blog.defisaver.com

From the project’s statements and security coverage. Own fault means the project’s code, servers or keys; third party means a vendor, registrar, oracle or issuer it relies on.

More in Tools

Sources 13

Facts from the official sources above.

Go to DeFi Saver