X0508 4 2025-12-17 0001805526 DeFi Development Corp. DFDV 0002087925 Kang Daniel C/O DEFI DEVELOPMENT CORP. 6401 CONGRESS AVENUE, SUITE 250 BOCA RATON FL 33487 1 Chief Strategy Officer 0 Common Stock 7181.0000 D Common Stock 46852.0000 I By Defi Dev LLC Stock Option (Right to buy) 4.9700 2025-12-17 4 A 0 182616.0000 0.0000 A 2026-01-17 2035-12-17 Common Stock 182616.0000 182616.0000 D Stock Option (Right to buy) 3.9100 2026-04-09 2035-04-09 Common Stock 122500.0000 122500.0000 D Stock Option (Right to buy) 16.9300 2026-09-19 2035-09-19 Common Stock 57500.0000 57500.0000 D Warrant (Right to buy) 22.5000 2025-11-16 2028-01-01 Common Stock 4983.0000 4983.0000 D Mr. Kang is a member of Defi Dev LLC, a manager-managed limited liability company. The securities herein are voted by Parker White serving as manager of Defi Dev LLC. The date shown is the first date exercisable. One forty-eighth (1/48th) of the total number of shares subject to the Option shall vest on the first date shown and on the same day of each month following the first vesting date, such that 100% of the shares subject to the Option will be vested on the four (4) year anniversary of the grant date, subject to the reporting person's continued service through each applicable vesting date. The date shown is the first date exercisable. One-fourth (1/4th) of the total number of shares subject to the Option shall vest on the first anniversary of the grant date, and thereafter one-thirty-sixth (1/36th) shall vest on the same date of the month applicable to the first vesting date on each of the thirty-six (36) months that occur after the date shown, such that 100% of the shares subject to the Option will be vested on the four (4) year anniversary of the grant date, subject to the reporting person's continued service through each applicable vesting date. /s/ Bruce S. Rosenbloom, Attorney-in-Fact 2025-12-19