DeFi Dev Corp Partners With Hylo to Optimize SOL Treasury Yield

Nasdaq-listed DeFi Dev Corp. is set to allocate part of its Solana (SOL) treasury into yield-generating on-chain strategies through a partnership with Solana-based protocol Hylo.

Key Points

  • DeFi Dev Corp. will use SOL holdings for on-chain yield strategies via Hylo, enhancing their SOL treasury management.
  • The initiative aims to support both SOL accumulation and operational needs of the firm.
  • This reflects a trend where public companies manage crypto treasuries as active operational assets rather than static holdings.
  • Hylo has rapidly grown, reaching over $100 million in total value locked within four months and generating more than $6 million in annualized fees.
  • DeFi Dev Corp.'s Solana per share increased by 6.2% in the last quarter of 2025, with its stock price up by 800% over the past year.
  • The company's SPS reached 0.0743, indicating an annualized run rate of about 24.6%.

DeFi Dev Corp.'s strategy aligns with leveraging high-quality Solana native yield opportunities and participating in emerging incentive structures across the Solana ecosystem.