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DeFi Development Corp.NasdaqCM:DFDV Stock Report

Market Cap US$96.7m
Share Price
US$3.20
US$7
54.3% undervalued intrinsic discount
1Y-89.8%
7D20.5%
1D
Portfolio Value
View

DeFi Development Corp.

NasdaqCM:DFDV Stock Report

Market Cap: US$96.7m

DFDV Community Fair Values

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DeFi Development Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for DeFi Development
Historical stock prices
Current Share PriceUS$3.20
52 Week HighUS$32.58
52 Week LowUS$2.61
Beta-4.44
1 Month Change-28.25%
3 Month Change-23.81%
1 Year Change-89.77%
3 Year Changen/a
5 Year Changen/a
Change since IPO-26.70%

Recent News & Updates

Seeking Alpha Apr 14

DeFi Development: Better To Buy Solana Directly

Summary DeFi Development's inverted mNAV at 0.6x has prevented Solana as a treasury company from purchasing new SOL, even with prices at lows. DFDV’s strategy intended to mirror MSTR, with 2,223,074 SOL accumulated at an average cost of around $159.05, markedly above current prices. DFDV’s mNAV is well below the 1x threshold needed to sustainably issue equity for further SOL purchases. The business model risks ongoing shareholder value erosion on the back of operational and financing costs. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha Apr 14

DeFi Development: Better To Buy Solana Directly

Summary DeFi Development's inverted mNAV at 0.6x has prevented Solana as a treasury company from purchasing new SOL, even with prices at lows. DFDV’s strategy intended to mirror MSTR, with 2,223,074 SOL accumulated at an average cost of around $159.05, markedly above current prices. DFDV’s mNAV is well below the 1x threshold needed to sustainably issue equity for further SOL purchases. The business model risks ongoing shareholder value erosion on the back of operational and financing costs. Read the full article on Seeking Alpha

Shareholder Returns

DFDVUS Consumer FinanceUS Market
7D20.5%6.6%2.2%
1Y-89.8%8.6%24.8%

Return vs Industry: DFDV underperformed the US Consumer Finance industry which returned 8.6% over the past year.

Return vs Market: DFDV underperformed the US Market which returned 24.8% over the past year.

Price Volatility

Is DFDV's price volatile compared to industry and market?
DFDV volatility
DFDV Average Weekly Movement13.0%
Consumer Finance Industry Average Movement6.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: DFDV's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: DFDV's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201816Joseph Onoratidefidevcorp.com

DeFi Development Corp. focuses on building its treasury around Solana (SOL). SOL is a blockchain infrastructure platform. The company operates through two segments: Digital Asset Treasury and Real Estate Platform.

DeFi Development Corp. Fundamentals Summary

How do DeFi Development's earnings and revenue compare to its market cap?
DFDV fundamental statistics
Market capUS$96.68m
Earnings (TTM)-US$156.40m
Revenue (TTM)US$13.76m
7.0x
P/S Ratio
-0.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DFDV income statement (TTM)
RevenueUS$13.76m
Cost of RevenueUS$345.00k
Gross ProfitUS$13.42m
Other ExpensesUS$169.82m
Earnings-US$156.40m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-5.19
Gross Margin97.49%
Net Profit Margin-1,136.38%
Debt/Equity Ratio1,253.5%

How did DFDV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 01:57
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DeFi Development Corp. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett KnoblauchCantor Fitzgerald & Co.
Thomas ShinskeCantor Fitzgerald & Co.
George SuttonCraig-Hallum Capital Group LLC