
Saber (SBR)
Key data
updated $0Saber (SBR) is the governance token of Saber, a decentralized exchange built on the Solana blockchain that specializes in trading stablecoins and other assets pegged to the same value. In simple terms, Saber lets people swap stablecoins cheaply and quickly, while SBR gives holders a say in how the protocol develops. The token has a fixed maximum supply of 10 billion coins.
Frequently asked questions
What is Saber and how is it different from other exchanges?
Saber is a decentralized exchange (DEX) on Solana focused specifically on stablecoin swaps — trading assets that are designed to hold the same value, like different versions of the US dollar. Unlike general-purpose DEXs that price assets against each other, Saber uses shared-liquidity pools optimized for low slippage between correlated assets. SBR is the protocol's governance token, letting holders vote on platform decisions.
How does Saber's technology work?
Saber runs on the Solana blockchain, which uses a proof-of-stake combined with proof-of-history consensus to process transactions quickly and at low cost. The exchange itself relies on automated market maker (AMM) mechanics, where liquidity is provided by users who deposit paired assets into pools. Because the assets in each pool track the same value, the system can offer efficient swaps with minimal price impact.
How is SBR emission structured?
SBR has a hard cap of 10 billion coins, meaning no more than that amount will ever exist. Tokens were distributed to the community, liquidity providers, and the team behind the protocol, with rewards paid out to users who supply liquidity to Saber's pools. The fixed cap is designed to prevent unlimited inflation of the supply over time.
How can you store and use SBR?
Since SBR lives on the Solana blockchain, you'll need a wallet that supports Solana and its SPL tokens — popular options include Phantom and Solflare, available as browser extensions or mobile apps. Beyond holding, SBR can be used for governance voting on protocol decisions or staked in various DeFi platforms for rewards. As with any crypto asset, keep your seed phrase safe and never share it.