# DeFi Development Corp

> Track DeFi Development Corp with daily standardized on-chain data. Compare DeFi Development Corp with other liquid staking projects. Updated daily.

Source: [DeFi Development Corp on Token Terminal](https://tokenterminal.com/explorer/projects/defidevcorp). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Liquid staking

## About

### What it is

dfdvSOL is a liquid staking token on Solana issued by DeFi Development Corp using Sanctum's single-validator stake pool technology. Deposited SOL is staked to a validator operated by DeFi Development Corp, and depositors hold dfdvSOL as the liquid receipt.

### Who uses it

DeFi Development Corp is a Nasdaq-listed company (ticker DFDV) whose principal treasury asset is SOL. It operates the Solana validator that dfdvSOL stakes to.

### How it works

Stakers deposit SOL into the dfdvSOL stake pool and receive dfdvSOL, whose exchange rate against SOL rises as the underlying stake earns rewards. The pool takes a 2.5% epoch fee on staking rewards, and holders can redeem dfdvSOL through Sanctum for the underlying staked SOL plus rewards.

## Links

- [website](https://defidevcorp.com/)
- [twitter](https://twitter.com/defidevcorp)