Direxion Shares ETF Trust CHAD
CHAD
$9.64 +0.07 (+0.72%)
At close: Oct 9, 2026 · 4:00 PM EDT

DeFi Development Corp. (CHAD) Research & Development (2022 - 2026)

Updated

DeFi Development (CHAD) reported Research & Development of $83,000 for Q2 2026, down 73.5% from $313,000 a year earlier and down 41.1% from the prior quarter.

Analysis

DeFi Development Corp. (CHAD) Research & Development (2022 - 2026) Analysis & Trends

Over the twelve months ended Jun 30, 2026, DeFi Development's Research & Development came in at $884,000, up 9.3% year-over-year; for FY2025, it came in at $1.14 million, up 74.4% from FY2024.

  • Research & Development has a three-year compound annual growth rate of 38.8% (FY2022 to FY2025).
  • By year, Research & Development came in at $655,000 in FY2024 (-17.3%), $792,131 in FY2023 (+85.6%) and $426,828 in FY2022.
  • The Q2 2026 figure ranks as the lowest quarterly Research & Development since Q4 2022.
  • Year over year, Research & Development gained in three of the last eight quarters, with growth averaging 15.3%.
  • The high point for year-over-year Research & Development in five years was Q4 2023 (growth of 664.9%); the low point was Q2 2026 (a decline of 73.5%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at $141,000 (Q1 2026), $391,000 (Q4 2025) and $269,000 (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 83,000.00
Mar 31, 2026 141,000.00
Dec 31, 2025 391,000.00
Sep 30, 2025 269,000.00
Jun 30, 2025 313,000.00
Mar 31, 2025 169,000.00
Dec 31, 2024 176,000.00
Sep 30, 2024 151,000.00
Jun 30, 2024 154,000.00
Mar 31, 2024 173,384.00
Dec 31, 2023 349,629.00
Sep 30, 2023 246,883.00
Jun 30, 2023 90,419.00
Mar 31, 2023 105,200.00
Dec 31, 2022 45,711.00
Sep 30, 2022 94,199.00
Jun 30, 2022 127,228.00
API Access

DeFi Development Corp. Research & Development API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=research-and-development&ticker=CHAD&period=max&api_key=YOUR_API_KEY