DeFi Development (DSDV) investor relations material

Onchain asset movement and megatrends

• Legacy financial systems are slow, costly, and exclusionary, with average remittance fees of 10.8% and settlement times up to 10 days in some countries.

• Crypto offers faster, cheaper, and more transparent transactions, with fees as low as fractions of a cent and near-instant settlement.

• Three megatrends—tokenization ($300T TAM), stablecoins ($10T TAM), and agentic AI ($100T TAM)—are accelerating the shift to onchain assets.

• Tokenization enables global access, liquidity, composability, and sub-second settlement for a $300T addressable market.

• Solana leads tokenized equity volumes, holding over 70% market share as of June 2026.

Solana's competitive advantages

• Solana delivers high throughput (100,000+ TPS), sub-cent fees, instant finality, and composability at scale.

• Solana's transaction speed and cost efficiency rival Visa, with 0.15s finality and $0.00173 per transaction.

• Solana dominates in transaction count, revenue, and new wallets, surpassing all other chains combined in 2025.

• Solana leads in tokenized equity (95% share), stablecoin TVL growth (83% CAGR), and agentic payment volume (65% share).

• Offers higher upside and yield compared to Bitcoin, with a projected 40% forward 5-year CAGR and 7% native yield.

DFDV's SOL-focused strategy

• DFDV holds 2.29M SOL ($179M NAV), with 0.0670 SOL per share and 108% SPS growth over the trailing twelve months.

• Provides amplified SOL exposure through staking, capital markets, validator infrastructure, and onchain deployment.

• DFDV's model outperformed spot and ETF SOL investments, compounding SOL per share by 108% TTM.

• Optimizes Solana's native yield, achieving 8–11% compared to 4–8% for other staking options.

• Led by an experienced executive team and board with backgrounds in major crypto and financial institutions.