A Decentralized Finance Management Tool

Over the past few years, the crypto ecosystem has expanded significantly, attracting not only a large number of new users but also developers who are building thousands of decentralized applications for lending, cross-chain swaps, on-chain trading, yield farming, and many other use cases. 

There’s no doubt that many of these protocols are highly useful, each fulfilling its own role. However, the large number of tools also creates challenges — users often need to handle multiple products and protocols at once, across different interfaces and wallets. In this overview, you’ll get to know DeFi Saver, an advanced DeFi management tool that enables DeFi users to do more than what is possible through each protocol’s native UI.

What is DeFi Saver?

DeFi Saver is a decentralized application (dApp) that offers a wide range of DeFi management tools, aggregating multiple leading protocols and allowing users to interact with them through a single interface. DeFi Saver is non-custodial and acts as an intermediary layer between users and protocols, meaning the project never has access to users’ wallets and does not require to deposit funds to DeFi Saver. Instead, users interact directly with protocols from their own wallets.

With DeFi Saver, it’s possible to create and fully manage lending positions, move them between different protocols, perform on-chain swaps, bridge assets across chains, and access other useful tools and sub-features that enhance the user’s experience with various DeFi strategies. DeFi Saver is especially recognized for its automation features, such as automated leverage management and risk control tools, which help protect positions and manage risks. We’ll explore these in more detail below.

History of DeFi Saver

DeFi Saver began as a response to a personal challenge faced by its founder, Nenad Palinkasevic. In 2017, while diving deep into the blockchain world through books like Mastering Bitcoin and Mastering Ethereum, Nenad became interested in Ethereum’s potential for building decentralized applications. This interest led to the founding of a research and development team focused on experimenting with Ethereum-based tools.

One of those early experiments was CDP Saver, a tool for managing MakerDAO collateralized debt positions (CDPs). The idea came to life during a trip to Thailand, where Nenad nearly lost his Maker position due to an unexpected market crash (when ETH price dropped to $70–80). Despite being a developer actively involved in the ecosystem, he realized firsthand how difficult it was to manage positions and avoid liquidation even for developers, let alone regular users. That experience revealed a critical need for better DeFi tools.

What began as a simple liquidation-protection tool evolved into a broader dashboard offering advanced features like one-click repay and boost, aimed at improving user experience. As DeFi became established as a sector, the team expanded beyond MakerDAO, integrating protocols like Compound and decentralized exchanges.This shift led to the rebranding of CDP Saver to DeFi Saver.

DeFi Saver Today

Currently, DeFi Saver is a major DeFi management platform with advanced features, allowing users to manage positions and crypto tokens across top protocols. It operates on four networks (Ethereum, Optimism, Base, and Arbitrum One), has over 657,000 user transactions, and more than $7.5 billion in traded volume.

How to Interact with DeFi Saver

DeFi Saver is fully non-custodial, enabling interaction with it by connecting your wallet and creating a Smart Wallet. This can be done directly within the app in one click, with only a small network fee. 

What is Smart Wallet?

The Smart Wallet is a special wallet built on a smart contract, making complex on-chain operations possible and simplifying position management. Simply put, a Smart Wallet lets you perform complex actions in a single transaction, something that isn’t possible when using a protocol directly with a regular wallet (EOA). For example, if you want to leverage ETH to borrow stablecoins and sell them for more ETH, you’d normally need 3 separate transactions. With a Smart Wallet, it all happens in one.

Additionally, the Smart Wallet enhances security by acting as an extra layer of protection and separating your main wallet (EOA) from the DeFi protocols you use (token approvals go through the Smart Wallet).

When you create a Smart Wallet through DeFi Saver, you’re setting up a Safe Smart Wallet. This means it’s the same type of wallet you would create directly through the Safe app, and you can use it independently (outside of DeFi Saver) to interact with other decentralized applications (dApps).

Note: Your Smart Wallet is created, owned, and fully managed by you.

Is Smart Wallet mandatory to use DeFi Saver?

DeFi Saver can be used with a regular wallet (EOA) for basic interactions. However, a Smart Wallet is required to perform advanced operations such as boost, repay, collateral and debt swaps, loan shifts, and automation features.

DeFi Saver Core Features

One of the key features of DeFi Saver is its ability to allow users to interact with DeFi lending and borrowing across multiple protocols and chains, with support for over 100 assets. Users can create and close positions, as well as fully control and manage them in a non-custodial way, all from a single view within the DeFi Saver app. This includes advanced tools that simplify position monitoring, help create optimized DeFi strategies with better rates, and automate processes. More details about each feature will be discussed below.

Supported Protocols on DeFi Saver

Lending Protocols:

• Aave
• Liquity V1 & V2
• Morpho
• Spark
• Compound
• Maker
• Reflexer
• Euler
• Fluid
• SkyNew
• Curve + LlamaLend

Yield Pools & LST Protocols:

Automation

The automation feature offers several options for optimizing risk management and protecting user positions. The automation feature on DeFi Saver works based on smart contracts and allows DeFi Saver to control the state of your position and protect it without the need to constantly monitor the terminal. It helps manage risks, enhance the efficiency of your strategies, and guard against liquidation. Let’s highlight the key strategies of DeFi Saver’s automation:

Automated leverage management

If the collateralization ratio drops below a certain level (which can happen if the price of the collateral falls or debt increases), it will automatically reduce leverage (auto-repay). If the ratio goes above a defined threshold, it can automatically increase leverage (auto-boost). This is mainly used to prevent liquidation or use the favorable market conditions to increase the amount of ETH you hold.

In the Automated Leverage Management dashboard, users can either set a target collateralization ratio to be continuously maintained, or configure more precise advanced triggers that activate only when the ratio moves beyond defined thresholds.

Boost and Repay on Target Price

These options work similarly to Automated Leverage Management, but instead of being triggered by collateralization ratio, they are triggered by the asset price reaching a specific target you set.

These are typically used for partial profit-taking when the target price is reached or to increase leverage when the market drops to a recognized support level.

Risk management tools

• Stop Loss and Take Profit: These tools let you set exact price levels where your position will be fully closed. Stop Loss helps minimize losses by closing the position if the price drops too much. Take Profit locks in profits when the price reaches a desired level. Each is configured separately and works by repaying the full debt using collateral.
• Trailing Stop Unlike a fixed stop loss, the trailing stop adjusts dynamically. It tracks the highest price reached and triggers a full close if the price falls by a set percentage from that peak. It’s used to protect profits and limit losses in a more flexible way.

Leverage Management

Before diving into DeFi Saver’s Leverage Management feature, it’s important to understand how leverage works in crypto lending.

Leverage in crypto borrowing refers to using borrowed funds to increase the size of an investment. For instance, by depositing $1,000 worth of ETH as collateral, a user might borrow $700 in stablecoins and use it to purchase more ETH. Repeating this cycle—borrowing and buying more collateral—results in a leveraged position. In this example, the user ends up controlling $1,700 worth of ETH with just $1,000 in initial capital.

This strategy can significantly amplify profits if the price of ETH rises. However, it also increases risk: a price drop could quickly lead to losses or even liquidation if the position’s collateral ratio falls below a safe threshold.

How DeFi Saver helps manage leverage

DeFi Saver enables users to create leveraged positions in a single transaction across multiple protocols. Instead of manually borrowing, swapping, and supplying assets step by step, everything is streamlined into one action. There’s no need to monitor each position through separate protocol interfaces—everything is managed within DeFi Saver’s unified dashboard.

Loan Shifter

Loan Shifter is a tool designed for fast, one-click restructuring of CDPs (collateralized debt positions) or migrating them between different protocols. The Loan Shifter dashboard allows users to transfer their entire position to another protocol in a single transaction. It also provides detailed information on key parameters, showing how the position might change due to factors like fees and internal debt metrics, such as borrow limit, safety ratio, and borrow power.

For example, if a position needs to be moved from Spark to Aave due to better rates, it is no longer necessary to perform this manually through two different interfaces and conduct multiple transactions,  which could be costly in terms of gas fees and time-consuming (with manual transfers typically taking around 30 minutes). DeFi Saver simplifies this process into a single transaction, improving efficiency and reducing costs.

In addition to position migration, Loan Shifter has two other key features, enabling not only the migration of positions across protocols but also the swapping of collateral and debt asset:

• Collateral Swaps: In the Loan Shifter dashboard, you can perform a collateral asset swap of your position within the same protocol or between different protocols.
• Debt Swaps: In the Loan Shifter dashboard, you can swap debt assets within the same protocol or between protocols.

However, it’s important to note that collateral and debt swaps cannot be done in a single transaction at the same time.

Recipe Creator

Recipe Creator is a tool that allows users to combine various on-chain actions in DeFi and execute them in a single transaction. This provides users with immense flexibility and customizability in creating their own complex strategies using different protocols.

This tool implies full flexibility in strategies, but most users typically utilize it for:

• Leveraged position management with automatic rebalancing.
• Yield farming strategies with automated compounding.
• Cross-protocol arbitrage using flash loans.
• Portfolio rebalancing across multiple protocols.

The Recipe Creator provides an intuitive interface, and creating strategies does not require coding knowledge or manual calculation of gas usage for each transaction, which can be significant in complex strategies. DeFi Saver shows estimated gas costs before execution and suggests ways to optimize your recipe for greater efficiency. Additionally, DeFi Saver offers more than 100 pre-made recipes to choose from. All of this makes the tool especially valuable for advanced DeFi users, who can flexibly create any strategy.

Bridge

On DeFi Saver, users can bridge tokens from one network to another across Ethereum, Base, Arbitrum One, and Optimism. The Bridge feature aggregates Li.Fi, a well-known aggregator, to find the best routes for cross-chain transfers. Users also have the option to select their preferred route and adjust the slippage.

DeFi Saver takes no service fees for bridging tokens between networks. However, the bridging functionality currently supports only single-token transfers (e.g., ETH to ETH across chains) without the option to swap multiple tokens during the bridge (e.g., ETH to USDC).

Exchange

In addition to its wide range of tools for DeFi lending, DeFi Saver also offers an Exchange feature that allows users to swap tokens on-chain across four chains (Ethereum, Base, Arbitrum One, and Optimism). The DeFi Saver Exchange aggregates five DEX aggregators (1inch, Paraswap, Kyber, and Odos), automatically comparing different paths to select the best options based on fees and prices, without any service fees from DeFi Saver.

Here are the key features that enhance the trading experience on DeFi Saver:

• Advanced Swap Settings: Users can choose their preferred swap route and adjust slippage tolerance.
• Token Transfer to Different Addresses: Users can send tokens to different addresses as part of the exchange process.
• Optimized Liquidity System: To maintain the best rates and minimize price impact, DeFi Saver can split trades across different DEXs.
• Automated Trading Features: Limit orders and DCA (Dollar-Cost Averaging) orders allow users to create strategies for regular token swaps, such as monthly or weekly exchanges. (DeFi Saver takes a 0.3% fee for DCA orders).

TxSaver

TxSaver is a tool designed to simplify and secure transactions on DeFi Saver by addressing key issues:

• Preventing MEV attacks that lead to worse swap rates.
• Simplifying gas management and eliminating the need for enough ETH in your account during high volatility.
• Eliminating the cost of reverted transactions, so users aren’t charged for failed transactions.

TxSaver is currently available for all features that include swaps, such as Boosts, Repays, leveraged Create and Close, and regular swaps. It ensures the best swap rates by using MEV-protecting RPCs and allows users to pay for gas directly from their position and assets within the transaction, so you don’t need ETH in your wallet. Additionally, there are no extra service fees—only the standard transaction fees based on current gas costs.

Simulation Mode

Simulation Mode is a demo environment on the platform that allows users to test features in the DeFi Saver app risk-free, without spending any funds. This mode is undoubtedly on par with other valuable features of DeFi Saver, as it enables users to familiarize themselves with the platform’s interface and the basics of interacting with DeFi strategies.

In Simulation Mode, users receive 100 test ETH and can obtain any other token in the desired quantity. Most of DeFi Saver’s features are available in this mode, with the exception of Automation, Bridge, Maker CDP history & profit, and Portfolio history.

As a decentralized application, DeFi Saver stands out with its wide range of tools for comprehensive DeFi management, giving users the ability to interact with the top protocols in the industry through a simple and intuitive interface. The platform offers features not typically found in the original protocol interfaces, providing greater freedom and flexibility in crafting most effective DeFi strategies.

Additionally, DeFi Saver offers high quality customer support through its Discord server, where users can get quick responses and utilize a ticketing system for efficient issue resolution. A live chat support feature on the website is also available, which is a rarity for decentralized applications. Moreover, each tool on the platform is accompanied by detailed text instructions in the knowledge base and high-quality video tutorials, making it accessible even for beginners.

If you’re interested in getting started with DeFi Saver, simply visit their website and begin managing your DeFi strategies with its app.

To learn more, visit the official resources:

Website | X | Discord | Blog | Docs