TVL concentration (top-10 wallet share)
Save (formerly Solend)'s assessment for RD-F-064 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Historical precedent of extreme concentration: June 2022, a single account held 5.7M SOL (95% of SOL pool deposits) and $108M USDC borrowed (88% of USDC borrows). Protocol introduced per-account borrow limits after the crisis. Current concentration unverifiable without on-chain scan, but historical pattern establishes yellow-risk floor. Governance post-crisis limits partially mitigate but current enforcement status unverified.
Sources #
- URLSolana-based Solend Protocol Introduces Borrowing Limit, Reduces Max Liquidation — CoingapeCoingape: Solend introduces borrowing limit and reduces max liquidation percentage post-crisisretrieved 2026-05-17
- How a Solend Whale With a $108M Loan Nearly Crashed the Solana Network — DecryptDecrypt: single whale $108M USDC loan, 5.7M SOL collateral representing 95% of pool SOLretrieved 2026-05-17
- Solana DeFi Platform Votes to Control Whale Account — FortuneFortune, June 2022, whale account episode — 95% SOL deposits, 88% USDC borrows from single accountretrieved 2026-05-17
Methodology #
Compute the percentage of protocol TVL held in the top-10 depositor addresses.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol save factor RD-F-064 score yellow collected_at 2026-05-17 15:20:15