DeFi Development Corp. Announces CHAD Now Available on Robinhood

CHAD’s higher dividend rate takes effect November 2, while future issuance proceeds are intended to support Solana accumulation.

Rhea-AI Summary

DeFi Development (DFDV) announced that its CHAD preferred stock is now available for trading on Robinhood, expanding brokerage access to the security. CHAD is the company’s Variable Rate Series C Perpetual Preferred Stock, which debuted on Nasdaq in September.

Its annual dividend rate will rise from 13.00% to 14.00% effective November 2, 2026, bringing the annualized dividend to $1.40 per share on a $10.00 stated amount. Cumulative dividends are payable each business day, when, as and if declared by the board. The company intends proceeds from future CHAD issuances to support further Solana accumulation without issuing additional common shares.

2 points · 0 major

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Rhea-AI Sentiment measures something else, the tone of the wording.

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0 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

• Minor pointRobinhood availability expands investor access to CHAD preferred stock.
• Minor point. Forward-looking: it has not happened yet and may not happen.Future CHAD issuances are intended to fund continued Solana accumulation without issuing additional common shares.

Negative

• Moderate point. Forward-looking: it has not happened yet and may not happen.CHAD’s annual dividend rate rises from 13.00% to 14.00% effective November 2, 2026, increasing preferred dividend costs when declared.

Key Figures

Annual dividend rate: 14.00%, up from 13.00% Annualized dividend: $1.40 per share Annualized dividend income improvement: Approximately 7.7%

Annual dividend rate

14.00%, up from 13.00%

Effective November 2, 2026

Annualized dividend

$1.40 per share

Based on CHAD's $10.00 stated amount

Annualized dividend income improvement

Approximately 7.7%

Per share following the dividend rate increase

Historical Context

1 past event · Latest: Oct 15

1 event

1. Oct 15

   Dividend rate increase

   24h Move

   +6.9%

   CHAD's annual dividend rate rose from 13% to 14%, effective November 2.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

perpetual preferred stock, cumulative dividends, staking

3 terms

perpetual preferred stock financial

"Variable Rate Series C Perpetual Preferred Stock (Nasdaq: CHAD)"

A perpetual preferred stock is a type of share that behaves like a forever-lasting, fixed-income investment: it pays regular dividends and has no set maturity date, yet it represents ownership rather than a loan. It ranks ahead of common stock for dividend payments and in liquidation, so investors treat it as a mix between a bond and an equity stake; its value depends largely on the issuer’s credit and prevailing interest rates.

cumulative dividends financial

"CHAD’s cumulative dividends are payable each business day"

A feature of some dividend-paying securities—most often preferred shares—where any dividends the issuer skips or defers are recorded and must be paid later before other shareholders receive dividends. Think of it like missed subscription payments that pile up and must be settled first. For investors this matters because it increases the likelihood of receiving owed income and gives these holders priority on company cash, affecting income reliability and risk.

staking technical

"SOL can generate recurring rewards through staking"

Staking is the practice of locking up digital tokens to help run a blockchain network in return for rewards, similar to leaving money in a time deposit that pays interest while it’s unavailable. It matters to investors because staking can generate regular income and affect a token’s circulating supply and price, but it also ties up assets and can carry risks like lock-up periods, reduced liquidity, or technical and platform failures.

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BOCA RATON, FL, Oct. 22, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced that its Variable Rate Series C Perpetual Preferred Stock (Nasdaq: CHAD) is now available for trading on Robinhood, one of the world’s leading retail brokerage platforms.

The addition marks a significant milestone in CHAD’s continued expansion, making the security accessible to a broader audience of self-directed investors through one of the most widely used brokerage platforms in the United States.

Since its Nasdaq debut in September, CHAD has become a central component of DFDV’s capital markets strategy, introducing a new digital credit instrument designed to combine an attractive variable dividend rate with business-day payments and the accessibility of publicly traded preferred equity.

With CHAD now available on Robinhood, DFDV continues to expand its distribution across major brokerage platforms, supporting its broader objective of establishing CHAD as a widely accessible digital credit instrument.

Expanding Access as CHAD’s Dividend Rate Rises to 14%

The Robinhood addition follows DFDV’s recent announcement that CHAD’s annual dividend rate will increase from 13.00% to 14.00%, effective November 2, 2026. The increase represents an approximately 7.7% improvement in annualized dividend income per share, bringing CHAD’s annualized dividend to $1.40 per share based on its $10.00 stated amount.

Unlike many traditional income securities that distribute dividends monthly or quarterly, CHAD’s cumulative dividends are payable each business day, when, as and if declared by DFDV’s Board of Directors.

The combination of a double-digit annual dividend rate, business-day payments, and expanding brokerage availability positions CHAD to reach a broader audience of income-oriented investors.

Building the Next Generation of Digital Credit

CHAD represents more than a new income security. It is a central component of DFDV’s long-term strategy to build a scalable capital markets engine around Solana.

As the first SOL-backed digital credit instrument, CHAD introduces a differentiated approach to preferred equity financing. Unlike traditional common equity financing, CHAD enables DFDV to raise permanent capital without issuing additional common shares, with proceeds from future issuances intended to support continued SOL accumulation.

SOL can generate recurring rewards through staking, validator operations, and other treasury activities, creating a productive asset base that supports the Company’s broader capital structure.

By expanding investor access, deepening secondary-market liquidity, and supporting CHAD’s progression toward its $10.00 stated amount, DFDV aims to establish a repeatable source of capital that supports continued treasury growth and long-term SOL Per Share accretion. The addition of Robinhood represents another meaningful step toward achieving that objective.

Access CHAD on Robinhood: https://robinhood.com/stocks/CHAD/

About DeFi Development Corp.
DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is also an AI-powered online platform that connects the commercial real estate industry by providing value-add services and software subscriptions to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage. The Company’s data and software offerings are generally offered on a subscription basis as software as a service.

Investor Contact:
ir@defidevcorp.com

Media Contact:
press@defidevcorp.com

FAQ

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Is DeFi Development’s CHAD preferred stock available on Robinhood?

CHAD is now available for trading on Robinhood. The security is DeFi Development’s Variable Rate Series C Perpetual Preferred Stock and trades on Nasdaq under the symbol CHAD.

When does DeFi Development’s CHAD dividend rate increase, and how much will it pay?

CHAD’s annual dividend rate increases from 13.00% to 14.00% effective November 2, 2026, bringing its annualized dividend to $1.40 per share based on its $10.00 stated amount. Cumulative dividends are payable each business day, when, as and if declared by DeFi Development’s board.