Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD)
Market Closed
16 Oct, 08:00 PM
ARCA ARCA Primary $
9. 34
-0.34
-3.5606%
$
304.68M Market Cap
- P/E Ratio
0.25% Div Yield
62,271 Volume
- Eps
$ 9.68
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CHAD: The 14% Crypto Preferred With A Different Yield Engine
DeFi Development Corp. offers CHAD, a SOL-backed preferred stock yielding 14.3% at $9.10, rated Buy for its differentiated yield engine. CHAD's yield is supported by Solana validator rewards, treasury growth, and potential SOL appreciation, not solely by staking income. Management targets CHAD trading in the $9.95–$11 range, viewing a move toward par as validation of the structure, not a negative.
Seekingalpha | 1 week ago
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