Digital Asset Treasury was DeFi Development’s largest segment in fiscal 2025, bringing in $18.38M of $45.54M (40%).
| Segment | FY 2024 | FY 2025 |
|---|---|---|
| Digital Asset Treasury | — | $18.38M |
| Treasury | — | $18.38M |
| Real Estate Platform | $4.20M | $4.40M |
| Real Estate | $4.20M | $4.40M |
| Total | $8.40M | $45.54M |
DeFi Development brought in $45.54M from its four segments in fiscal 2025, the year ended December 31, 2025. DeFi Development regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $8.40M. Digital Asset Treasury was the largest at $18.38M (40.3%), ahead of Treasury at $18.38M (40.3%) and Real Estate Platform at $4.40M (9.7%). The remaining segment, Real Estate, brought in $4.40M.
Compared with fiscal 2024, Real Estate Platform grew 4.7% to $4.40M and Real Estate grew 4.7% to $4.40M.
DeFi Development began breaking out Digital Asset Treasury in fiscal 2025 and Treasury in fiscal 2025.
Digital Asset Treasury was DeFi Development’s largest product and service line in fiscal 2025, bringing in $18.38M of $22.77M (81%).
| Product and Service | FY 2024 | FY 2025 |
|---|---|---|
| Digital Asset Treasury | — | $18.38M |
| Real Estate Platform | $4.20M | $4.40M |
| Total | $4.20M | $22.77M |
DeFi Development brought in $22.77M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $45.54M it reports by segment, so these lines do not cover all of its revenue. Digital Asset Treasury was the largest at $18.38M (80.7%), ahead of Real Estate Platform at $4.40M (19.3%).
DeFi Development began breaking out Digital Asset Treasury in fiscal 2025, when it brought in $18.38M.
DeFi Development (DFDV) reports its revenue by segment and by product and service. In fiscal 2025, Digital Asset Treasury was its largest segment, bringing in $18.38M (40.3% of the total), followed by Treasury at $18.38M (40.3%).
Digital Asset Treasury was DeFi Development's largest segment in fiscal 2025, bringing in $18.38M, or 40.3% of the $45.54M total across its four segments.
Digital Asset Treasury was DeFi Development's largest product and service line in fiscal 2025, bringing in $18.38M, or 80.7% of the $22.77M total across its two product and service lines.
Every figure comes from DeFi Development's annual financial filings, as reported. Each line keeps the name DeFi Development gives it, and years follow its fiscal calendar.
DeFi Development's revenue by segment goes back to fiscal 2024, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.