DeFi Development Corp.’s CHAD Preferred Stock Completes 30 Consecutive Daily Dividend Payments
Key Highlights
- ➤CHAD completed 30 consecutive business-day dividend payments through November 13, 2026
- ➤CHAD currently pays a 14.00% annual variable dividend rate, or $0.00614 daily
- ➤CHAD reached its $10.00 stated amount 48 calendar days after debut
- ➤CHADx traded more than $2.8 million onchain since November 10, 2026
Expert Statements
Joseph Onorati, Chief Executive Officer of DeFi Development Corp.
“Thirty consecutive dividend payments is exactly what we built CHAD to do: pay holders every business day, from day one”
Joseph Onorati, Chief Executive Officer of DeFi Development Corp.
“Together with CHAD’s run to par and its arrival onchain as CHADx, this is further evidence that SOL-powered digital credit is working as intended.”
BOCA RATON, FL, Nov. 13, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first 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) has completed 30 consecutive business-day dividend payments, from its first regular dividend payment on October 1, 2026 through [TK: November 13, 2026].
CHAD, a daily dividend preferred stock and SOL-powered digital credit instrument, currently pays a variable annual dividend rate of 14.00%, or $1.40 per share per year on its $10.00 stated amount ($0.00614 per share each business day in the November 2026 dividend period). Dividends are cumulative and payable each business day when, as, and if declared by the Company’s Board of Directors. Dividends are not guaranteed, and the dividend rate is subject to change.
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