DeFi Development Corp. filed a Free Writing Prospectus on November 4, 2026, making available a video transcript related to its ongoing offering of Variable Rate Series C Perpetual Preferred Stock, marketed under the name "CHAD Stock."

Key Highlights

  • Filing type: A Free Writing Prospectus dated November 4, 2026, filed pursuant to Rule 433 of the Securities Act of 1933, relating to a Prospectus Supplement dated September 11, 2026 (Registration No. 333-295142).
  • Offering subject: The video and transcript relate to DeFi Development Corp.'s offering of its Variable Rate Series C Perpetual Preferred Stock, referred to in the filing as "CHAD Stock."
  • Solana tokenization milestones cited: The video transcript references 1.8 million wallets holding tokenized stocks, a total value locked (TVL) all-time high of $5.2 billion reached on the 28th, and $900 million in inflows over the prior 30 days.
  • Binance hack reference: The transcript mentions a hack described as resulting in more than $6 billion in crypto taken.
  • Forward-looking statements: The filing states the video and exhibit contain forward-looking statements subject to risks and uncertainties, as described in the company's prospectus supplement and related regulatory filings.

DeFi Development Corp. Publishes CHAD Stock Offering Video in November 2026 Free Writing Prospectus

According to the filing, DeFi Development Corp. made a video available on November 4, 2026, as part of its continuing effort to inform builders and investors about its Variable Rate Series C Perpetual Preferred Stock offering. The company describes itself in the video transcript as focused on the Solana blockchain ecosystem, covering topics including crypto markets, artificial intelligence, and real-world asset tokenization. The filing identifies this video as a weekly program hosted by company personnel including Pete Humiston, Joseph, John, and Parker.

The video transcript, attached as Exhibit A to the Free Writing Prospectus, includes commentary on Solana tokenization activity. Figures cited in the transcript include 1.8 million wallets holding tokenized stocks, a TVL all-time high of $5.2 billion, and $900 million in inflows over 30 days. Participants in the video discussed what they characterized as a "land grab phase" in real-world asset tokenization, noting that the current combined TVL across participants amounts to "single digit billions" compared to the "trillions of dollars" they expect to follow. These characterizations are the company's own and subject to its cautionary forward-looking statements language.

The filing also notes that CHAD Stock "had its own milestones" during the prior month, though no specific figures for those milestones are provided in the transcript text. The Free Writing Prospectus states that investors should read the prospectus supplement, the accompanying base prospectus, and other documents filed with the SEC for complete information about the company and the CHAD Stock offering before investing. The registration number associated with the offering is 333-295142.

What Was Disclosed

DeFi Development Corp. filed a Free Writing Prospectus dated November 4, 2026, attaching a video transcript from a company-hosted program discussing Solana tokenization trends and its Variable Rate Series C Perpetual Preferred Stock offering under Registration No. 333-295142.