DeFi Development Q2 Financial Data: Holding 1.3 Million SOL, Daily Earnings Approximately $63,000
BlockBeats News, August 13th, DeFi Development Corp (DDC) released a shareholder letter on Tuesday, disclosing that the company currently holds over 1.3 million SOL tokens, with a total value of nearly $250 million. The report shows that the company has increased its SOL holdings by 4,500 tokens in just the first two weeks of August.
DDC's second-quarter financial data shows a quarterly revenue of $1.98 million, a 395% year-on-year increase; net profit reached $15.4 million, compared to a $0.8 million loss in the same period last year. The company expects its staking and validator business to achieve a 10% annualized return. Based on the current holdings, this would generate approximately $63,000 of SOL-denominated revenue per day. (The Block)
You may also like

Will the STRC issuance price discussed with ChatGPT really fall into a death spiral?

TRON revitalizes the image of the bull, creating a more approachable brand character
How to Trade Apple and Nvidia on a Crypto Exchange in 2026 (Without Buying Shares)

Exclusive Interview with Strategy CEO: Putting Aside the Sale of 32 BTC, the 60 Trillion AI Intelligence is the Ultimate Fate of Bitcoin

Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

Kalshi's biggest competitor is not Polymarket

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain

B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure

A company that was on the verge of bankruptcy has just surpassed Bitcoin in market value

The two giants are racing in "credit": loan balances of 9.9 billion vs 14.6 billion USD, Brazil has become the main battlefield

Rented Belief: How Much of the Bitcoin ETF Fund Flow is Real Money

On-chain finance: On-chain IPOs and on-chain ICOs, a new frontier in the trillion-dollar market

WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro

WEEX Makes Affiliate Access Easier on the Web and in the App

Customize Your Spot Trading Page: Drag Modules and Move the Order Panel Where You Want It

Perp DEX: The Next Generation Exchange "War"


