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DeFi Development Q2 Financial Data: Holding 1.3 Million SOL, Daily Earnings Approximately $63,000

By: theblockbeats.news|2025/08/13 01:32:05

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)

Base Layer Coin BSD Developer Rug Pulls, Token Market Cap Crashes 99% from a Peak of $50 Million

Ethereum is only 5.14% away from its all-time high. If it reaches ATH, the short liquidation pressure will reach 1.23 billion.