Exchange: NASDAQ·Updated 07:50 PM EDT
About CHAD
DeFi Development Corp. (Nasdaq: DFDV) is a Solana-focused public company with a treasury strategy centered on accumulating and compounding SOL, the native asset of the Solana network. The Company seeks to grow its SOL holdings through capital markets activity, staking, validator operations, and other treasury initiatives.
DFDV offers investors two Nasdaq-listed securities: DFDV common stock and CHAD, its Variable Rate Series C Perpetual Preferred Stock. DFDV common stock provides equity exposure to the Company and its SOL-focused treasury strategy and may provide amplification relative to movements in SOL, depending on factors including the value of its SOL holdings, capital structure, operating performance, financing activity, and market conditions. . CHAD [is well suited for income-oriented investors and] currently carries a 13% annual dividend rate on its $10 stated amount, with dividends payable each business day when declared, subject to the terms of the security and potential future rate adjustments. CHAD ranks senior to DFDV common stock with respect to dividends and liquidation rights, while remaining junior to the Company’s indebtedness.
DFDV’s SOL holdings can generate recurring rewards and fees through staking and validator operations, supporting the economics of its treasury strategy and, in the case of CHAD, providing an organic source of income to help support dividend obligations. DFDV believes Solana’s speed, low transaction costs, scalability, and growing ecosystem make it a compelling foundation for the next generation of financial infrastructure, and its strategy is designed to give public-market investors differentiated ways to participate in that thesis.
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