Saber
SBR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Saber (SBR) is a legacy stableswap AMM on Solana that is functionally dormant and exhibits an abandonment profile across all core evaluation areas. Active development has ceased, with no code upgrades, releases, or verified audit reports since mid-2023. Community and DAO governance are inactive following a stalled community revival attempt in July 2023. Tokenomics present extreme dilution risk, with only ~4.5% of the 3.04B total supply in circulation (136.36M SBR circulating) and an absence of transparent vesting schedules. Market metrics reflect severe liquidity contraction, with market capitalization under $800K, 24-hour trading volume near zero, and a price drawdown exceeding 99.9% from all-time highs. While no confirmed fraudulent activity or direct protocol exploits were verified, the asset's total operational inactivity and illiquidity present severe downside risks.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Saber (SBR)
Saber (SBR) is a functionally dormant automated market maker (AMM) protocol on the Solana blockchain that has exhibited an abandonment profile since mid-2023. Originally launched to facilitate low-slippage trading between pegged assets, stablecoins, and liquid staking derivatives, the platform incorporated the SBR token for protocol governance through a vote-escrowed system (veSBR) governed by SaberDAO using the Tribeca framework.
Active development and governance on the protocol have ceased. There have been no new releases, smart contract upgrades, or verified audit documentations since July 2023. Although an initiative was introduced in mid-2023 attempting a community takeover to revive the stalled SaberDAO, the effort did not result in sustained protocol activity or renewed development, leaving social and governance channels inactive.
Saber faces severe market and structural risks. The token has experienced a price crash of over 99.9% from its all-time high of $1.12, with market capitalization dropping below $1 million and daily trading volumes falling to near-zero levels. Additionally, the tokenomics present substantial dilution risk, as only approximately 136.36 million SBR are in circulation out of a total supply of 3.04 billion (roughly 4.5%), alongside an absence of transparent, verifiable vesting schedules.