{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NASDAQ/DFDV",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# DeFi Development Corp. (NASDAQ: DFDV) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is DeFi Development Corp., listed on NASDAQ under ticker DFDV, with ISIN US47100L3015 and LEI 25490034ZLUY8NYVGU64. The security type is Corporate, the segment is not on the record, the sector is 6199 Finance Services, and the jurisdiction is United States, Nevada. The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 121 filings in the twelve months to 2026-11-08, across 78 filing days. The median gap between filing days is 3 days, and the median latency from the latest filing to the record date is 3 days. The latest filing is dated 2026-11-05 and is of type regulatory_filing. The NASDAQ peer medians are 6.0 days cadence, 52 filings, and 5.0 days latency across 4,359 issuers. The 6199 Finance Services peer medians are 5.0 days cadence, 61.5 filings, and 4.0 days latency across 184 issuers.\n\n## Auditor\n\nThe auditor of record is Wolf & Company, P.C., located in Boston, Massachusetts. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds listing lines dated 2025-10-24, 2025-11-05, 2026-09-03 and 2026-09-04. The record holds no delisting and no name change. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The segment move is not on the record, as the exchanges' tier transfers are not EDGAR filings. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe field has not been read as a list of research houses, and none was found on the pages read.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe record is sealed for the issuer's years 2021, 2022, 2023, 2024, 2025 and 2026. The earliest sealed date of the market is 2021-01-04. The live record began on 2026-09-12.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0001805526.json (identity.jurisdiction)\n- https://api.gleif.org/api/v1/lei-records/25490034ZLUY8NYVGU64 (identity.lei)\n- https://mcp.us-cm-kg.ai/events/NASDAQ/DFDV (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm (the auditor)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.us-cm-kg.ai/record/NASDAQ/DFDV (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm",
    "state": "sourced",
    "value": "Wolf & Company, P.C."
   },
   "auditor_firm_id": {
    "market": "US",
    "state": "not_on_record"
   },
   "auditor_location": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm",
    "state": "sourced",
    "value": "Boston, Massachusetts"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NASDAQ/DFDV",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 4359,
     "median_cadence_gap_days": 6,
     "median_filings": 52,
     "median_latency_days": 5,
     "name": "NASDAQ"
    },
    "sector": {
     "issuers": 184,
     "median_cadence_gap_days": 5,
     "median_filings": 61.5,
     "median_latency_days": 4,
     "name": "6199 Finance Services"
    }
   },
   "by_type": {
    "agm_egm": 2,
    "corporate_news": 18,
    "director_change": 7,
    "directors_dealings": 49,
    "prospectus": 8,
    "regulatory_filing": 29,
    "results": 8
   },
   "cadence_median_gap_days": 3,
   "filing_days": 78,
   "filings": 121,
   "latency_days": 3,
   "latest": [
    {
     "category": "FWP",
     "date": "2026-11-05",
     "source": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000156/chadfwp_blockxtime.htm",
     "title": "FWP — FWP",
     "type": "regulatory_filing"
    },
    {
     "category": "FWP",
     "date": "2026-11-05",
     "source": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000153/fwpchadsocialmedia.htm",
     "title": "FWP — FWP",
     "type": "regulatory_filing"
    },
    {
     "category": "DEFA14A",
     "date": "2026-11-04",
     "source": "https://www.sec.gov/Archives/edgar/data/1805526/000121390026115935/ea0309455-02.htm",
     "title": "DEFA14A — DEFINITIVE ADDITIONAL MATERIALS",
     "type": "agm_egm"
    },
    {
     "category": "DEF 14A",
     "date": "2026-11-04",
     "source": "https://www.sec.gov/Archives/edgar/data/1805526/000121390026115933/ea0309455-01.htm",
     "title": "DEF 14A — PROXY STATEMENT",
     "type": "agm_egm"
    },
    {
     "category": "FWP",
     "date": "2026-11-03",
     "source": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000149/chadfwp_walking.htm",
     "title": "FWP — FWP",
     "type": "regulatory_filing"
    }
   ],
   "latest_filing_date": "2026-11-05",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/DFDV",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
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    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NASDAQ"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-08",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "US47100L3015"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001805526.json",
    "state": "sourced",
    "value": "United States — Nevada"
   },
   "lei": {
    "read_by": "GLEIF name-exact (jurisdiction US-NV; GLEIF golden copy 2026-09-12)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/25490034ZLUY8NYVGU64",
    "state": "filled",
    "value": "25490034ZLUY8NYVGU64"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001805526.json",
    "state": "sourced",
    "value": "DeFi Development Corp."
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001805526.json",
    "state": "sourced",
    "value": "6199 Finance Services"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001805526.json",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "DFDV"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [
    {
     "date": "2025-10-24",
     "source": "https://www.sec.gov/Archives/edgar/data/1805526/000121390025102258/ea0262338-8a12b_defi.htm",
     "title": "8-A12B — FOR REGISTRATION OF CERTAIN CLASSES"
    },
    {
     "date": "2025-11-05",
     "source": "https://www.sec.gov/Archives/edgar/data/1805526/000135445725001095/DFDV_8-A_Cert_1805526.pdf",
     "title": "CERT"
    },
    {
     "date": "2026-09-03",
     "source": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000094/dfdv-form8xavariableratepr.htm",
     "title": "8-A12B — 8-A12B"
    },
    {
     "date": "2026-09-04",
     "source": "https://www.sec.gov/Archives/edgar/data/1805526/000135445726000858/CHAD_8-A_Cert_1805526.pdf",
     "title": "CERT"
    }
   ],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:82864d67770a808ffa7854361ded7a0a390e819c07bd72dde7a2c4fcfa74b338",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NASDAQ/DFDV",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:82864d67770a808ffa7854361ded7a0a390e819c07bd72dde7a2c4fcfa74b338",
 "path": "/us/NASDAQ/DFDV",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is DeFi Development Corp., listed on NASDAQ under ticker DFDV, with ISIN US47100L3015 and LEI 25490034ZLUY8NYVGU64. The security type is Corporate, the segment is not on the record, the sector is 6199 Finance Services, and the jurisdiction is United States, Nevada. The listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 121 filings in the twelve months to 2026-11-08, across 78 filing days. The median gap between filing days is 3 days, and the median latency from the latest filing to the record date is 3 days. The latest filing is dated 2026-11-05 and is of type regulatory_filing. The NASDAQ peer medians are 6.0 days cadence, 52 filings, and 5.0 days latency across 4,359 issuers. The 6199 Finance Services peer medians are 5.0 days cadence, 61.5 filings, and 4.0 days latency across 184 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Wolf & Company, P.C., located in Boston, Massachusetts. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds listing lines dated 2025-10-24, 2025-11-05, 2026-09-03 and 2026-09-04. The record holds no delisting and no name change. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The segment move is not on the record, as the exchanges' tier transfers are not EDGAR filings. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The field has not been read as a list of research houses, and none was found on the pages read.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The record is sealed for the issuer's years 2021, 2022, 2023, 2024, 2025 and 2026. The earliest sealed date of the market is 2021-01-04. The live record began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0001805526.json"
  },
  {
   "for": "identity.lei",
   "source": "https://api.gleif.org/api/v1/lei-records/25490034ZLUY8NYVGU64"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/DFDV"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the auditor",
   "source": "https://www.sec.gov/Archives/edgar/data/1805526/000180552626000006/dfdv-20251231.htm"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NASDAQ/DFDV"
  }
 ],
 "title": "DeFi Development Corp. (DFDV) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}