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$0.0026848 (236.81%)

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About Saber (SBR)

Saber is a decentralized exchange (DEX) for stablecoin swaps built on Solana. Saber functions similarly to the Curve protocol on Ethereum. The Saber DEX allows for low fee swaps of USD stablecoins. There are a number of Solana-based SPL tokens that have the same or similar assets backing them. For example, Solana supports USD Coin (USDC), Tether (USDT) and Terra (UST) that all target the price of USD1.00. The Saber DEX launched on June 1st, 2021 and launched its SBR token on July 15th, 2021. Saber experienced success since launch given the many assets that are bridged from other networks to Solana and require a Solana-native liquid stablecoin swap protocol.

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Saber Cryptopedia articles

How Solana-Based Saber Builds From the Bottom Up (DeFi)

How Solana-Based Saber Builds From the Bottom Up

Dylan Macalinao6 min read

Gemini-What Is a Decentralized Exchange (DEX)

What Is a DEX (Decentralized Exchange)?

Cryptopedia Staff7 min read

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Saber links and resources

Saber website


Learn more about Saber

Ether Cryptopedia