DeFi Development Corp.DFDV
What DeFi Development Corp. does.
DeFi Development Corp. ("we," "our," "DeFi Dev," "us," or the "Company") is a publicly traded company focused on building and managing a digital asset treasury strategy centered on the Solana blockchain ecosystem. We also provide an artificial intelligence (“AI”) platform that connects commercial mortgage and small business borrowers looking for debt to refinance, build, or buy commercial property, including apartment buildings, to commercial property lenders.
During 2025, we pivoted our primary business strategy to the acquisition, long-term holding, and active management of Solana ("SOL") and SOL-related digital assets. Our treasury strategy includes accumulating SOL, locked SOL, liquid staking tokens such as dfdvSOL, and other SOL-denominated or SOL-native positions, and actively supporting the Solana ecosystem. We also operate and manage Solana validators and delegate our digital asset holdings with external validators, enabling us to participate directly in the Solana proof-of-stake consensus mechanism and generate staking rewards.
• Digital Asset Treasury : focuses on executing and managing our treasury strategy. Also includes our owned and managed SOL validators. This segment continuously evaluates capital market conditions, the broader cryptoeconomy, and macroeconomic factors in determining the timing and structure of financing transactions used to support the digital asset treasury strategy. The primary objective is to expand exposure to the Solana ecosystem over the long term.
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | — | $2.2M | $2.0M | $2.1M | $11.4M |
| Net income | — | -$1.3M | -$3.4M | -$2.7M | -$73.8M |
| Free cash flow | — | -$1.0M | -$1.6M | -$2.4M | -$18.0M |
More on DFDV.
- DeFi Development Corp. summary
- DeFi Development Corp. financial statements
- DeFi Development Corp. key metrics
- DeFi Development Corp. health scores and style box
- DeFi Development Corp. earnings
- DeFi Development Corp. dividends
- DeFi Development Corp. valuation
- DeFi Development Corp. ownership and insiders
- DeFi Development Corp. peers
Figures from DeFi Development Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.