BOCA RATON, FL, Feb. 26, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first public company with a treasury strategy designed to accumulate and compound Solana (“SOL”), today announced a strategic investment in Apyx, a Dividend-Backed Stablecoin (DBS) protocol. DFDV participated as the first institutional capital in the project, establishing an early position in the emerging DBS category. Apyx is designed to source yield from preferred equity issued by Digital Asset Tre ...

TL;DR: Prediction markets reached $9B (Polymarket) and $11B (Kalshi) valuations at the end of 2025, yet 0% of this capital can be borrowed against, creating DeFi's most extreme utilization gap. Token lending achieves 40-80% utilization, while NFT lending sits at ~1% and prediction market lending at 0%, leaving billions in digital wealth functionally trapped. The CFTC's approval of prediction markets as legitimate derivatives and ICE's $2B investment signal institutional acceptance that transforms "ga ...

Solana-based DeFi projects Step Finance, SolanaFloor and Remora Markets will be winding down operations, according to a Tuesday tweet by Step. “Following the hack at the end of January we explored every possible path forward, including financing and acquisition opportunities. Unfortunately, we were unable to secure a viable outcome and have made the difficult decision to end all operations effective immediately,” the project said. “We are working on a buyback for STEP holders based on a snapshot prior t ...

Core Insights - Mutuum Finance (MUTM) has raised over $20.6 million in total funds and has more than 19,000 token holders, indicating strong presale momentum and active protocol development [1][3][12] Funding Milestone and Community Growth - The presale has accumulated $20.6 million in contributions, with over 19,000 participants and more than 850 million of the 1.82 billion allocated MUTM tokens already secured [3][4] - Approximately half of the total presale allocation remains available, tightening supply as the project progresses [4] - Currently in Phase 7 of the presale, MUTM is priced at $0.04, reflecting a 300% increase from the initial offering price of $0.01, with a confirmed launch price of $0.06 representing a 500% increase [5][6] Protocol Development and Infrastructure Progress - Mutuum Finance is developing a decentralized lending and borrowing infrastructure based on overcollateralized lending mechanisms [7] - The V1 protocol is live on the Sepolia testnet, allowing users to interact with core components and supported markets like USDT, ETH, LINK, and WBTC [8][9] - The testnet deployment enables participants to explore liquidity provisioning, borrowing, and risk management mechanics ahead of the mainnet transition [9] Security and Roadmap Outlook - The V1 protocol has completed a security audit by Halborn, enhancing confidence in its smart contract framework, while the MUTM token contract has been reviewed by CertiK's Token Scan [10] - Future roadmap objectives include the development of a native overcollateralized stablecoin and plans for multichain expansion [11]

Tokenized real-world assets are showing steady growth despite a bearish market—a divergence that experts say reflects capital maturing within crypto rather than fleeing it entirely. The RWA sector posted 8.68% growth in distributed asset value over the past month, reaching $24.84 billion, according to RWA.xyz.  Represented asset value, which tracks tokenized assets that cannot move between wallets or leave the issuing platform, remained largely flat, growing just 0.51% to $372.97 billion. DeFi's total valu ...

There’s a new heavyweight fighting for the future of decentralized finance on Capitol Hill. The Hyperliquid Policy Center, or HPC, announced its debut on Wednesday, positioning itself as a resource for U.S. policymakers on DeFi and derivatives like perpetual futures. In a press release, founder and CEO Jake Chervinsky said that blockchains are poised to become the bedrock of the financial system, and the U.S. must choose between adopting new rules to support the technology or to “wait and watch as other nat ...

A critical oracle pricing glitch has left decentralized lending platform Moonwell grappling with nearly $1.8 million in bad debt. A misconfigured oracle briefly valued Coinbase Wrapped ETH (cbETH) at just $1 Sunday morning, triggering a sudden cascade of liquidations, in a sobering reminder of the fragility lurking in DeFi infrastructure. Key Takeaways Oracle Failure: A configuration error in Chainlink OEV wrapper contracts caused the system to price $2,200 cbETH at a 99.9% discount. Bad Debt Event: Li ...

Company Overview - DeFi Development Corp. is the first US public company with a treasury strategy focused on accumulating and compounding Solana (SOL) [1] - The company provides investors with direct economic exposure to SOL while participating in the growth of the Solana ecosystem [3] SPS Guidance Update - The company's SPS guidance for June 2026 has been revised to 0.085, down from the previous guidance of 0.1650 [2] - The long-term target of 1.0 SPS by December 2028 remains unchanged [2] - Additional details regarding the underlying assumptions will be provided in the upcoming fourth quarter 2025 earnings investor letter [2] Treasury Strategy - The principal holding in the company's treasury reserve is allocated to SOL, which includes holding and staking SOL [3] - The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake [3] - DeFi Development Corp. is also engaged in decentralized finance (DeFi) opportunities and is exploring innovative ways to support the Solana application layer [3] Market Engagement - The company serves over one million web users annually, including multifamily and commercial property owners and developers [5] - It facilitates billions of dollars in debt financing per year for various stakeholders, including banks, credit unions, and real estate investment trusts (REITs) [5] - The company's data and software offerings are primarily provided on a subscription basis as software as a service (SaaS) [5]

Core Insights - Solana Company, in collaboration with Anchorage Digital and Kamino, has launched the first-ever digital asset treasury that allows borrowing against natively staked SOL in qualified custody [1] - The innovative structure aims to attract institutional capital to Solana's DeFi ecosystem through a tri-party custody model [1] Group 1: Product and Structure - The tri-party custody model involves Anchorage Digital acting as the collateral manager for natively-staked SOL, enabling institutions to earn staking rewards while unlocking borrowing power on Kamino [1] - All collateral will be held in a segregated account at Anchorage Digital Bank, ensuring security and compliance [1] Group 2: Operational Mechanism - Anchorage Digital utilizes Atlas collateral management to provide 24/7 automated oversight of loan-to-value ratios, manage margin and collateral movements, and execute rules-based liquidations when necessary [1] - This operational framework offers institutions familiar risk, compliance, and operational controls while facilitating direct participation in the DeFi ecosystem [1] Group 3: Market Implications - The model is specifically designed for institutions seeking protocol-native credit while benefiting from a federally-regulated qualified custodian [1] - The collaboration serves as a repeatable blueprint for institutional participation in protocol borrowing, which can be utilized by other investors, venture firms, and protocols targeting institutional markets [1]

Core Insights - Lighter, a decentralized perpetuals trading platform, has entered a significant revenue-sharing agreement with Circle, the issuer of USDC, covering approximately $920 million in USDC deposits [2][4][7] - Following the announcement, Lighter's native token LIT surged nearly 10%, indicating positive market sentiment towards the partnership [1][2] Group 1: Partnership Details - The agreement allows Lighter to share interest income generated from Circle's USDC reserves, marking a milestone for the platform [4][5] - Lighter's strategy focuses on leveraging USDC rather than creating a proprietary stablecoin, differentiating it from competitors like Hyperliquid [5][6] Group 2: Strategic Benefits - The partnership provides Lighter with a capital-efficient way to enhance its yield engine, fund user incentives, and support platform features [5][7] - Circle benefits by locking in a large volume of USDC on Lighter, promoting adoption and circulation within the DeFi ecosystem [7] Group 3: Market Impact - The deal is expected to accelerate Lighter's adoption and liquidity, potentially increasing user engagement and platform sustainability [7][8] - Future attention will be on on-chain USDC flows to Lighter contracts, which may indicate the agreement's impact on liquidity and token sentiment [8]