{"success":true,"data":{"pressRelease":{"id":"170336","rtpr_id":"nGNX2V6PfL-20261015","ticker":"DFDV","exchange":"NASDAQ","all_tickers":["DFDV"],"title":"DeFi Development Corp. Increases CHAD Annual Dividend Rate to 14%","author":"Globe Newswire","published_at":"2026-10-15T12:30:00.884Z","article_body":"BOCA RATON, FL, Oct. 15, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp.\n(Nasdaq: DFDV) (the \"Company\" or \"DeFi Dev Corp.\"), the first U.S. public\ncompany with a treasury strategy built to accumulate and compound Solana\n(\"SOL\"), today announced a CHAD dividend rate increase of 100 basis points\nfrom 13.00% to 14.00% on its Variable Rate Series C Perpetual Preferred Stock\n(“CHAD”), effective November 2, 2026.\n\nThe new rate represents annual dividends of $1.40 per share based on CHAD’s\n$10.00 stated amount, compared with $1.30 at the prior rate—an approximately\n7.7% increase in annual dividend income per share. Dividends are cumulative\nand payable each business day when, as and if declared by the Company’s\nBoard of Directors.\n\n“CHAD’s proposition is compelling: double-digit dividend income, paid\nevery business day, through a Nasdaq-listed preferred security issued by a\ncompany with a productive SOL treasury,” said Joseph Onorati, Chief\nExecutive Officer of DeFi Development Corp. “Increasing the rate to 14%\nstrengthens that proposition as we broaden investor participation and scale\nCHAD. We see a significant opportunity to build CHAD into a leading digital\ncredit instrument, expanding our capacity to accumulate SOL and drive\naccretive growth for common shareholders while maintaining disciplined capital\nmanagement.”\n\nDaily Income Supported by a Productive SOL Treasury\nCHAD combines a double-digit annual dividend rate with the convenience of\nbusiness-day payments and access through participating brokerage platforms. It\noffers income-oriented investors a distinct way to earn daily yield through a\npublicly traded preferred security.\n\nThe Company’s SOL treasury generates organic returns through staking,\nvalidator operations and other treasury strategies. This productive asset base\nsupports DFDV’s broader capital structure and is central to its approach to\nscaling CHAD.\n\nThe dividend increase reflects the Company’s active management of CHAD’s\nvariable-rate structure, taking into account market conditions, investor\ndemand and its cost of capital. As CHAD scales, the Company intends to use\nproceeds from future issuance to expand its SOL treasury and pursue growth in\nSOL per share—connecting the development of its income offering with its\nlong-term objectives for common shareholders.\n\nAt a purchase price of $10.00 per share, the new dividend rate represents a\n14.0% annualized cash dividend yield. Investors purchasing below $10.00 would\nreceive a higher effective cash dividend yield on their purchase price,\nassuming the rate remains unchanged and dividends are declared and paid.\nLearn more about CHAD at www.defidevcorp.com/chad.\n\nFor more information, visit defidevcorp.com\n(https://www.globenewswire.com/Tracker?data=k9nBYSPm_DBmQNFD3-_zCwkJHi8fWk8KeIxyJeu7F-9CqCsjIwD4gxyi-sK-CiEb754lD2_TQ_lnimBybPZOEQ==).\nTo stay up to date with the latest developments and insights, subscribe to our\nblog\n(https://www.globenewswire.com/Tracker?data=lcS13s9jGp0qyfl1LLMe-vIZJtjOFU0QbJ1oXe1aP3jItvKHYT6FJj1c6ckZoHpwxlPAxph3ohXJ0MQleQkHRQ==).\n\nAbout DeFi Development Corp.\nDeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under\nwhich the principal holding in its treasury reserve is allocated to SOL.\nThrough this strategy, the Company provides investors with direct economic\nexposure to SOL, while also actively participating in the growth of the Solana\necosystem. In addition to holding and staking SOL, DeFi Development Corp.\noperates its own validator infrastructure, generating staking rewards and fees\nfrom delegated stake. The Company is also engaged across decentralized finance\n(DeFi) opportunities and continues to explore innovative ways to support and\nbenefit from Solana’s expanding application layer.\n\nThe Company is also an AI-powered online platform that connects the commercial\nreal estate industry by providing value-add services and software\nsubscriptions to multifamily and commercial property professionals, as the\nCompany connects the increasingly complex ecosystem that stakeholders have to\nmanage. The Company’s data and software offerings are generally offered on a\nsubscription basis as software as a service.\n\nForward-Looking Statements \nThis press release contains \"forward-looking statements\" within the meaning of\nthe safe harbor provisions of the U.S. Private Securities Litigation Reform\nAct of 1995. Forward-looking statements in this press release include, but are\nnot limited to, statements regarding SOL per share growth; future SOL\nholdings; anticipated changes in borrowings and liquidity; future SOL\naccumulation and per-share accretion; future adoption of Solana, tokenized\nassets and stablecoins; capital raising and deployment; the anticipated\nissuance price of shares under the CHAD ATM program; future CHAD dividend\nrates and the declaration and payment of CHAD dividends; the intended use of\nproceeds; and the Company’s ability to expand its SOL treasury and increase\nrevenue. These statements can be identified by words such as \"anticipate,\"\n\"intend,\" \"plan,\" \"believe,\" \"project,\" \"estimate,\" \"expect,\" \"strategy,\"\n\"future,\" \"likely,\" \"may,\" \"should,\" \"will\" and similar references to future\nperiods. Forward-looking statements are neither historical facts nor\nassurances of future performance. Instead, they are based only on the\nCompany's current beliefs, expectations, and assumptions regarding the future\nof its business, future plans and strategies, projections, anticipated events\nand trends, the economy, and other future conditions. Because forward-looking\nstatements relate to the future, they are subject to inherent uncertainties,\nrisks, and changes in circumstances that are difficult to predict, many of\nwhich are outside of the Company's control. The Company's actual results and\nfinancial condition may differ materially from those indicated in the\nforward-looking statements. Therefore, you should not place undue reliance on\nthese forward-looking statements.\n\nImportant factors that could cause our actual results and financial condition\nto differ materially from those indicated in the forward-looking statements\ninclude, among others, the following: (i) fluctuations in the market price of\nSOL and any associated losses that the Company may incur as a result of a\ndecrease in the market price of SOL; (ii) a failure of demand for SOL, or\nactivity on the Solana network, to continue to develop and grow as we\nanticipate or at all; (iii) volatility in our stock price, including due to\nfuture issuances of common stock and securities convertible into common stock;\n(iv) the effect of and uncertainties related to the ongoing volatility in\ninterest rates; (v) our ability to achieve and maintain profitability in the\nfuture; (vi) the impact on our business of the regulatory environment and\ncomplexities of complying with such environment, including changes in\nsecurities laws or other laws or regulations; (vii) changes in the accounting\ntreatment relating to the Company's SOL holdings; (viii) our ability to\nrespond to general economic conditions; (ix) our ability to manage our growth\neffectively and our expectations regarding the development and expansion of\nour business; (x) our ability to access sources of capital, including debt\nfinancing and other sources of capital to finance operations and growth; (xi)\nrisks relating to CHAD, including that the dividend rate may be adjusted, that\ndividends are payable only when declared, that CHAD may trade below its stated\namount, that the trading price of CHAD may be volatile, that the Company may\nbe unable to sell CHAD under the CHAD ATM at or above its stated amount, and\nthat staking and validator rewards may be insufficient to support dividend\npayments; and (xii) other risks and uncertainties more fully described in the\nsections captioned \"Risk Factors\" in the Company's most recent Annual Report\non Form 10-K, the prospectus supplement for the CHAD ATM and other reports we\nfile with the SEC.\n\nAs a result of these matters, changes in facts, assumptions not being\nrealized, or other circumstances, the Company's actual results may differ\nmaterially from the expected results discussed in the forward-looking\nstatements contained in this press release. Forward-looking statements\ncontained in this press release are made as of its date, and the Company\nundertakes no duty to update such information except as required under\napplicable law.\n\nThis press release does not constitute an offer to sell or the solicitation of\nan offer to buy any securities, nor shall there be any sale of securities in\nany state or jurisdiction in which such offer, solicitation or sale would be\nunlawful prior to registration or qualification under the securities laws of\nany such state or jurisdiction. Offers and sales of CHAD under the CHAD ATM\nare made only by means of the prospectus supplement and accompanying\nprospectus forming part of the Company’s effective shelf registration\nstatement on Form S-3 filed with the SEC.\n\nInvestor Contact:\nir@defidevcorp.com\n\nMedia Contact:\npress@defidevcorp.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/966832fd-a2a8-4663-82a6-11708b322b1c)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX2V6PfL-20261015","title":"DeFi Development Corp. Increases CHAD Annual Dividend Rate to 14%","author":"Globe Newswire","ticker":"DFDV","created":"2026-10-15T12:30:00.884Z","tickers":["DFDV"],"exchange":"NASDAQ","article_body":"BOCA RATON, FL, Oct. 15, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp.\n(Nasdaq: DFDV) (the \"Company\" or \"DeFi Dev Corp.\"), the first U.S. public\ncompany with a treasury strategy built to accumulate and compound Solana\n(\"SOL\"), today announced a CHAD dividend rate increase of 100 basis points\nfrom 13.00% to 14.00% on its Variable Rate Series C Perpetual Preferred Stock\n(“CHAD”), effective November 2, 2026.\n\nThe new rate represents annual dividends of $1.40 per share based on CHAD’s\n$10.00 stated amount, compared with $1.30 at the prior rate—an approximately\n7.7% increase in annual dividend income per share. Dividends are cumulative\nand payable each business day when, as and if declared by the Company’s\nBoard of Directors.\n\n“CHAD’s proposition is compelling: double-digit dividend income, paid\nevery business day, through a Nasdaq-listed preferred security issued by a\ncompany with a productive SOL treasury,” said Joseph Onorati, Chief\nExecutive Officer of DeFi Development Corp. “Increasing the rate to 14%\nstrengthens that proposition as we broaden investor participation and scale\nCHAD. We see a significant opportunity to build CHAD into a leading digital\ncredit instrument, expanding our capacity to accumulate SOL and drive\naccretive growth for common shareholders while maintaining disciplined capital\nmanagement.”\n\nDaily Income Supported by a Productive SOL Treasury\nCHAD combines a double-digit annual dividend rate with the convenience of\nbusiness-day payments and access through participating brokerage platforms. It\noffers income-oriented investors a distinct way to earn daily yield through a\npublicly traded preferred security.\n\nThe Company’s SOL treasury generates organic returns through staking,\nvalidator operations and other treasury strategies. This productive asset base\nsupports DFDV’s broader capital structure and is central to its approach to\nscaling CHAD.\n\nThe dividend increase reflects the Company’s active management of CHAD’s\nvariable-rate structure, taking into account market conditions, investor\ndemand and its cost of capital. As CHAD scales, the Company intends to use\nproceeds from future issuance to expand its SOL treasury and pursue growth in\nSOL per share—connecting the development of its income offering with its\nlong-term objectives for common shareholders.\n\nAt a purchase price of $10.00 per share, the new dividend rate represents a\n14.0% annualized cash dividend yield. Investors purchasing below $10.00 would\nreceive a higher effective cash dividend yield on their purchase price,\nassuming the rate remains unchanged and dividends are declared and paid.\nLearn more about CHAD at www.defidevcorp.com/chad.\n\nFor more information, visit defidevcorp.com\n(https://www.globenewswire.com/Tracker?data=k9nBYSPm_DBmQNFD3-_zCwkJHi8fWk8KeIxyJeu7F-9CqCsjIwD4gxyi-sK-CiEb754lD2_TQ_lnimBybPZOEQ==).\nTo stay up to date with the latest developments and insights, subscribe to our\nblog\n(https://www.globenewswire.com/Tracker?data=lcS13s9jGp0qyfl1LLMe-vIZJtjOFU0QbJ1oXe1aP3jItvKHYT6FJj1c6ckZoHpwxlPAxph3ohXJ0MQleQkHRQ==).\n\nAbout DeFi Development Corp.\nDeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under\nwhich the principal holding in its treasury reserve is allocated to SOL.\nThrough this strategy, the Company provides investors with direct economic\nexposure to SOL, while also actively participating in the growth of the Solana\necosystem. In addition to holding and staking SOL, DeFi Development Corp.\noperates its own validator infrastructure, generating staking rewards and fees\nfrom delegated stake. The Company is also engaged across decentralized finance\n(DeFi) opportunities and continues to explore innovative ways to support and\nbenefit from Solana’s expanding application layer.\n\nThe Company is also an AI-powered online platform that connects the commercial\nreal estate industry by providing value-add services and software\nsubscriptions to multifamily and commercial property professionals, as the\nCompany connects the increasingly complex ecosystem that stakeholders have to\nmanage. The Company’s data and software offerings are generally offered on a\nsubscription basis as software as a service.\n\nForward-Looking Statements \nThis press release contains \"forward-looking statements\" within the meaning of\nthe safe harbor provisions of the U.S. Private Securities Litigation Reform\nAct of 1995. Forward-looking statements in this press release include, but are\nnot limited to, statements regarding SOL per share growth; future SOL\nholdings; anticipated changes in borrowings and liquidity; future SOL\naccumulation and per-share accretion; future adoption of Solana, tokenized\nassets and stablecoins; capital raising and deployment; the anticipated\nissuance price of shares under the CHAD ATM program; future CHAD dividend\nrates and the declaration and payment of CHAD dividends; the intended use of\nproceeds; and the Company’s ability to expand its SOL treasury and increase\nrevenue. These statements can be identified by words such as \"anticipate,\"\n\"intend,\" \"plan,\" \"believe,\" \"project,\" \"estimate,\" \"expect,\" \"strategy,\"\n\"future,\" \"likely,\" \"may,\" \"should,\" \"will\" and similar references to future\nperiods. Forward-looking statements are neither historical facts nor\nassurances of future performance. Instead, they are based only on the\nCompany's current beliefs, expectations, and assumptions regarding the future\nof its business, future plans and strategies, projections, anticipated events\nand trends, the economy, and other future conditions. Because forward-looking\nstatements relate to the future, they are subject to inherent uncertainties,\nrisks, and changes in circumstances that are difficult to predict, many of\nwhich are outside of the Company's control. The Company's actual results and\nfinancial condition may differ materially from those indicated in the\nforward-looking statements. Therefore, you should not place undue reliance on\nthese forward-looking statements.\n\nImportant factors that could cause our actual results and financial condition\nto differ materially from those indicated in the forward-looking statements\ninclude, among others, the following: (i) fluctuations in the market price of\nSOL and any associated losses that the Company may incur as a result of a\ndecrease in the market price of SOL; (ii) a failure of demand for SOL, or\nactivity on the Solana network, to continue to develop and grow as we\nanticipate or at all; (iii) volatility in our stock price, including due to\nfuture issuances of common stock and securities convertible into common stock;\n(iv) the effect of and uncertainties related to the ongoing volatility in\ninterest rates; (v) our ability to achieve and maintain profitability in the\nfuture; (vi) the impact on our business of the regulatory environment and\ncomplexities of complying with such environment, including changes in\nsecurities laws or other laws or regulations; (vii) changes in the accounting\ntreatment relating to the Company's SOL holdings; (viii) our ability to\nrespond to general economic conditions; (ix) our ability to manage our growth\neffectively and our expectations regarding the development and expansion of\nour business; (x) our ability to access sources of capital, including debt\nfinancing and other sources of capital to finance operations and growth; (xi)\nrisks relating to CHAD, including that the dividend rate may be adjusted, that\ndividends are payable only when declared, that CHAD may trade below its stated\namount, that the trading price of CHAD may be volatile, that the Company may\nbe unable to sell CHAD under the CHAD ATM at or above its stated amount, and\nthat staking and validator rewards may be insufficient to support dividend\npayments; and (xii) other risks and uncertainties more fully described in the\nsections captioned \"Risk Factors\" in the Company's most recent Annual Report\non Form 10-K, the prospectus supplement for the CHAD ATM and other reports we\nfile with the SEC.\n\nAs a result of these matters, changes in facts, assumptions not being\nrealized, or other circumstances, the Company's actual results may differ\nmaterially from the expected results discussed in the forward-looking\nstatements contained in this press release. Forward-looking statements\ncontained in this press release are made as of its date, and the Company\nundertakes no duty to update such information except as required under\napplicable law.\n\nThis press release does not constitute an offer to sell or the solicitation of\nan offer to buy any securities, nor shall there be any sale of securities in\nany state or jurisdiction in which such offer, solicitation or sale would be\nunlawful prior to registration or qualification under the securities laws of\nany such state or jurisdiction. Offers and sales of CHAD under the CHAD ATM\nare made only by means of the prospectus supplement and accompanying\nprospectus forming part of the Company’s effective shelf registration\nstatement on Form S-3 filed with the SEC.\n\nInvestor Contact:\nir@defidevcorp.com\n\nMedia Contact:\npress@defidevcorp.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/966832fd-a2a8-4663-82a6-11708b322b1c)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-15T12:30:01.345982008Z","server_sent_at_ms":1792067401345},"received_at":"2026-10-15T12:30:01.396Z","source_url":null},"analysis":null,"durationMs":null,"modelName":null}}