What sector is DFDV in?

DeFi Development Corp. is classified under GICS Financials (Capital Markets).

What is DFDV's last close price?

DFDV last closed at $2.89 on 2026-07-16.

DFDV

DeFi Development Corp.

Financials · Capital Markets

$2.89last close

-90.5%~252d

Price

-90.48% over 1Y

Tese

em 2026-07-16

Bull case

Structural: $DFDV is a listed proxy for $SOL exposure and Solana-ecosystem infrastructure, targeting institutional investors who cannot hold spot crypto. Validator operations generate native staking yield (~7% APY) that compounds the treasury without dilution.

SOL price appreciation flows directly to NAV; validator rewards create organic SOL accumulation; first-mover among Solana treasury companies with Nasdaq liquidity premium.

Bear case

Deep discount/premium volatility to SOL NAV; equity dilution risk from convertible raises; single-asset concentration means any SOL de-rating hammers the stock; regulatory uncertainty around staking-as-securities.

•2025-Q1: Rebranded from Janover Inc. to DeFi Development Corp; pivoted corporate strategy to Solana treasury accumulation.
•2025: Launched institutional-grade Solana validator nodes; began staking accumulated SOL.
•2025-Q2: Raised capital through multiple at-the-market and convertible offerings to fund SOL purchases.
•2025: Adopted $SOL as primary balance sheet reserve asset, accumulating thousands of SOL.

clientesSolana Network (validator delegators)

Analyze DFDV· interactive tools

Top correlated· 252d co-movement

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0.57

Frequently asked questions

What sector is DFDV in?: DeFi Development Corp. is classified under GICS Financials (Capital Markets).
What is DFDV's last close price?: DFDV last closed at $2.89 on 2026-07-16.