U.S.-based DeFi Development Corp. (DFDV) released its first-quarter report, showing that the amount of Solana held per share increased by 108% year-over-year to 0.067 SOL. As of May 13, the company held 2,294,576 SOL worth approximately $325 million. To accumulate assets, DFDV utilizes staking, proprietary validators, and allocates 25% of its reserves into DeFi protocols.

Researchers noted that DeFi is facing a “persistent security crisis.” In January, the sector lost about $86 million due to smart contract bugs. February saw around $27 million in losses from bridge and oracle attacks. In March, another $52 million was lost due to exploits tied to stablecoin issuance and lending pools.

The decentralized exchange market has undergone a shift in leadership in recent months. In September 2025, Aster briefly held around 70% of the segment, while Hyperliquid accounted for only 10%. By April 2026, the situation had changed: Hyperliquid increased its share to 44%, while Aster dropped to 15%. For the industry, this became one of the clearest examples of how quickly hype can give way to more sustainable business models.

“The proposed yield restriction will shift focus toward regulated players and divert funds away from decentralized finance tokens,” said Markus Thielen of 10x Research. At the core of the proposal is a ban on offering yield — or anything resembling a reward — on stablecoin balances. This effectively ends the idea of stablecoins as savings products on the blockchain and redefines them as purely payment systems.