Saros in August 2026: Solana DeFi After the Crash
SAROS trades at around $0.00028 – only a fraction of the valuation from its exceptional year 2025, when the launch of its own DLMM trading technology in June and a buyback programme briefly drove the price up by several thousand percent. Little of that rally remains: the market has re-rated it back to the level of a small Solana DeFi protocol, and MEXC delisted SAROS perpetual futures in February 2026 – a warning sign for liquidity.
Substance is there, trust is damaged
Saros originates from within the Coin98 ecosystem and bundles swap, liquidity pools, farming and staking on Solana; its DLMM technology for concentrated liquidity is a genuine product with measurable volume. Against that stand a token with unlocks running through the end of 2027, a rally-and-crash history that has cost trust, and a competitive landscape in which established Solana DEXes like Raydium and Orca capture the bulk of trading volume.
What actually moves the Saros price
SAROS has a total supply of 10 billion tokens, of which a good 60 percent were in circulation in spring 2026 – the rest is unlocked in tranches through December 2027 and acts as ongoing additional supply. On the demand side stands the Saros Foundation’s buyback programme, which, after an initial purchase of 100 million tokens, allocates up to 20 percent of protocol revenue to SAROS buybacks: that ties the token directly to the actual trading volume generated by the DLMM pools. In the short term, however, sentiment toward Solana DeFi as a whole dominates.
The metrics we watch for Saros
- Protocol revenue and buybacks: The only mechanism that translates usage directly into token demand.
- Unlock calendar: Further billions of tokens enter circulation on schedule through the end of 2027.
- DLMM trading volume and TVL: Compared with Raydium and Orca, this shows whether Saros holds market share.
- Liquidity of the token itself: Its own risk factor since the futures delisting at MEXC.
Why a good product doesn’t automatically support the token
The DLMM technology works and genuinely attracted volume in 2025. But trading fees first flow to liquidity providers, and the buyback detour only creates noticeable demand if volume stays durably high. The 2025 rally also showed how much the price was driven by speculation rather than fundamentals – the subsequent crash is the flip side of that same mechanic.
Where this forecast could go wrong
Our scenarios assume Solana DeFi stays active and Saros defends its small but real market share. If volume migrates entirely to the market leaders, or if the remaining unlocks meet an illiquid market, the valuation base disappears – and even our lower ranges are not guaranteed in that case.






