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DeFi Dev Corp. Partners with RateX to Amplify Utility of dfdvSOL Through Yield Trading & Farming
Globenewswireยท 2025-06-11 12:00
Core Insights - DeFi Development Corp. has announced a strategic integration with RateX, enhancing the utility of its liquid staking token dfdvSOL within the yield trading ecosystem [1][2] - This partnership aims to unlock advanced capital efficiencies and deepen yield monetization pathways, contributing to the company's goal of increasing Solana per share (SPS) [2] Company Overview - DeFi Development Corp. is the first US public company with a treasury strategy focused on accumulating and compounding Solana (SOL) [1][4] - The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, while actively participating in the growth of the Solana ecosystem [4] Partnership Details - The integration allows dfdvSOL holders to access three yield strategies on RateX, including trading synthetic Yield Tokens, locking in fixed yields, and supplying liquidity [2][7] - RateX features a hybrid AMM and decentralized order book design, making dfdvSOL accessible to both active yield traders and passive yield optimizers [2][7] RateX Overview - RateX is a margin and spot yield trading protocol that enables yield tokenization and trading of various yield-bearing assets [7] - Users can engage in leveraged yield trading, earn fixed yields, and participate in yield liquidity farming with dfdvSOL [8]