# DeFi Development Corp. (DFDV)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/defi-development-corp/ JSON: https://steadybase.io/company/defi-development-corp.json Checked Nov 11, 2026. Latest filing read: Aug 13, 2026.

## Company

- Legal name: DeFi Development Corp.
- Ticker: DFDV, CHAD, DFDVW, DFUKF (Nasdaq, Nasdaq, Nasdaq, OTC)
- SEC CIK: 0001805526
- Industry: Finance Services (SIC 6199)
- Headquarters: Boca Raton, FL
- Fiscal year ends: December 31
- SEC filer category: <br>Emerging growth company
- Website: dfdv.com
- Investor relations: https://defidevcorp.com/investor
- LinkedIn: https://www.linkedin.com/company/defi-development-corporation
- Next earnings date: Nov 12, 2026

## Key facts

- Revenue: $11.4M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 30, 2026). Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/0001805526-26-000006-index.html
- Operating income: -$36.4M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 30, 2026). Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/0001805526-26-000006-index.html
- Net income: -$73.8M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 30, 2026). Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/0001805526-26-000006-index.html
- SG&A: $16.6M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 30, 2026). Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/0001805526-26-000006-index.html
- Employees: 16 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm
- Shares outstanding: 30,997,790 as of Aug 13, 2026 (10-Q filed Aug 13, 2026). Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000055/0001805526-26-000055-index.html
- Auditor: Wolf & Company, P.C., Boston, Massachusetts, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm

## Business

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.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $11.4M | -$36.4M | -$73.8M | $16.6M |
| Dec 31, 2024 | $2.1M | -$3.0M | -$2.7M | $4.1M |
| Dec 31, 2023 | $2.0M | -$3.4M | -$3.4M | $4.6M |
| Dec 31, 2022 | $2.2M | -$1.7M | -$1.3M | $3.4M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/defi-development-corp.json

## Officers and directors

- Joseph Mario Onorati, CEO and Chairman. Source: Form 4 filed Apr 2, 2026, https://www.sec.gov/Archives/edgar/data/1805526/000122520826004185/0001225208-26-004185-index.htm
- Fei Han, Chief Financial Officer. Source: Form 4 filed Sep 18, 2026, https://www.sec.gov/Archives/edgar/data/1805526/000122520826007889/0001225208-26-007889-index.htm
- Fei (John) Han, Chief Financial Officer. Source: 10-K filed Mar 30, 2026, https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm
- Parker White, Chief Operating Officer and Chief Investment Officer. Source: 10-K filed Mar 30, 2026, https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm
- Daniel Kang, Chief Strategy Officer. Source: Form 4 filed Sep 23, 2026, https://www.sec.gov/Archives/edgar/data/1805526/000208792526000006/0002087925-26-000006-index.htm
- Hadley Stern, Director. Source: 10-K filed Mar 30, 2026, https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm
- Thomas Perfumo, Director. Source: 10-K filed Mar 30, 2026, https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm
- William Caragol, Director. Source: 10-K filed Mar 30, 2026, https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm
- Zachary Tai, Director. Source: 10-K filed Mar 30, 2026, https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm

## Recent 8-K events

- Nov 9, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000158/dfdv-20261109.htm
- Nov 2, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000147/dfdv-20261102.htm
- Oct 26, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000142/dfdv-20261026.htm
- Oct 21, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000140/dfdv-20261021.htm
- Oct 19, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000134/dfdv-20261019.htm
- Oct 15, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000132/dfdv-20261014.htm
- Oct 13, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000127/dfdv-20261012.htm
- Oct 5, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000125/dfdv-20261005.htm
- Sep 28, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000119/dfdv-20260928.htm
- Sep 21, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000109/dfdv-20260921.htm

## Insider trades (Form 4)

- Sep 22, 2026: Daniel Kang (Chief Strategy Officer) bought 10,440 shares, about $92,183. Source: https://www.sec.gov/Archives/edgar/data/1805526/000208792526000006/0002087925-26-000006-index.htm
- Aug 20, 2026: Daniel Kang (Chief Strategy Officer) bought 11,000 shares, about $42,680. Source: https://www.sec.gov/Archives/edgar/data/1805526/000122520826007275/0001225208-26-007275-index.htm
- Aug 14, 2026: Daniel Kang (Chief Strategy Officer) bought 13,000 shares, about $37,830. Source: https://www.sec.gov/Archives/edgar/data/1805526/000122520826007140/0001225208-26-007140-index.htm
- Dec 10, 2025: Parker White (COO, CHIEF INVESTMENT OFFICER) bought 17,760 shares, about $102,298. Source: https://www.sec.gov/Archives/edgar/data/1805526/000119312525316435/0001193125-25-316435-index.htm
- Nov 25, 2025: Daniel Kang (Chief Strategy Officer) bought 4,200 shares, about $28,980. Source: https://www.sec.gov/Archives/edgar/data/1805526/000122520825009463/0001225208-25-009463-index.htm
- Nov 25, 2025: Parker White (COO & Chief Investment Officer) bought 10,044 shares, about $69,424. Source: https://www.sec.gov/Archives/edgar/data/1805526/000122520825009461/0001225208-25-009461-index.htm

## What management said

- "The DFDV ship is flying at lightning speed. We have continued buying SOL and have grown our treasury by 11% since August 12" Joseph Onorati, Chief Executive Officer of DeFi Development Corp (8-K filed Oct 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000125/dfdv-exx991_10526.htm
- "CHAD is fuel for the DFDV engine and central to our next phase of growth" Joseph Onorati, Chief Executive Officer of DeFi Development Corp (8-K filed Oct 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000125/dfdv-exx991_10526.htm

## Latest filings

- 8-K filed Nov 2, 2026: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000147/dfdv-20261102.htm
- 10-K filed Mar 30, 2026: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm
- 10-Q filed Aug 13, 2026: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000055/dfdv-20260630.htm
- DEF 14A filed Nov 5, 2025: https://www.sec.gov/Archives/edgar/data/1805526/000121390025106441/ea0261744-02.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/