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Whitelist Restrictions Lifted, Velocity Beta Opens to All Users with Support for Up to 20x Leverage
Odaily News: Perpetual contract DEX Velocity has lifted its whitelist restrictions, and the Beta version is now open to all users. The platform supports wBTC, wETH, SOL, and USDT as collateral assets for contract trading under the same account, with some contracts offering up to 20x leverage, and trades settled on-chain in USDT.
Total holdings reach 2.49 million SOL, DeFi Development added 101,300 SOL last week
Odaily reports that Solana treasury company DeFi Development Corp. announced it added 101,381 SOL and SOL equivalents between September 14 and 18, 2026. As of September 18, the company's total holdings of SOL and SOL equivalents reached 2.49 million.
DFDV surged over 10% to $5 on the day as DeFi Development Corp launches Solana-backed preferred stock CHAD
Odaily reports that BitcoinTreasuries.NET posted on X stating that DFDV surged over 10% to $5 on the day. DeFi Development Corp CEO Joseph Onorati said his team had closely observed Strategy and Strive developing STRC and SATA; DeFi Development Corp's newly launched Solana-backed preferred stock CHAD draws on the experience of both.
Velocity Completes $10 Million Series A Extension Round with Participation from Visa Ventures and Others
Odaily - The round was backed by Visa Ventures, Circle Ventures, Haun Ventures, Ripple, Translink Capital, and Mirana Ventures. Velocity provides stablecoin-based settlement, liquidity management, and treasury operations backend systems for payment companies and banks, without requiring replacement of existing infrastructure.
DeFi Development Increases SOL Holdings to 2,388,900 and Simultaneously Launches $300 Million CHAD Issuance Program
Odaily News: DeFi Development Corp. disclosed that its SOL reserves increased by 55,491 tokens, bringing its holdings to approximately 2,388,900 SOL and SOL equivalents, up about 2% from August 27, 2026.At the same time, the company established an at-the-market issuance program of up to $300 million for its Series C perpetual preferred stock CHAD, with an issuance price expected to be no lower than the $10 per share par value, and the net proceeds will mainly be used to continue increasing its SOL holdings.The company stated that SOL has outperformed the Nasdaq 100 Index by 39 percentage points quarter-to-date, while DFDV's performance during the same period reached twice that of SOL. CEO Joseph Onorati said the program gives the company the structure to build CHAD into a new growth engine, with the issuance price to be no lower than the $10 par value. (Globenewswire)
Aerodrome and Velodrome Communities to Integrate, VELO Planned to Cease Trading on Binance This Week
Odaily News – Velodrome announced on X that, in preparation for the Aero launch, the Aerodrome and Velodrome communities will undergo integration. Starting tomorrow, the official Velodrome X account will reduce its activity, with subsequent news and announcements primarily published through the official Aero account. From September 10, the Velodrome Discord will also be scaled down to only essential channels, with community activities moving to Aero Discord. Additionally, VELO is planned to cease trading on Binance this week. Aero's public audit contest is expected to conclude on September 21.
DeFi Development Corp Completes $11 Million CHAD Preferred Stock Offering, with Fundstrat's Tom Lee Participating
Odaily News: DeFi Development Corp announced the completion of an $11 million CHAD preferred stock offering, with Fundstrat's Tom Lee participating in the subscription. The company stated that this offering marks the first digital credit instrument backed by Solana. CEO Joseph Onorati noted that Bitcoin has demonstrated a massive market demand for digital credit.
Binance to Remove OPEN/FDUSD, SAGA/FDUSD, VELODROME/USDC Spot Trading Pairs on September 11
Odaily News: According to an official announcement, following a recent review, Binance will remove and cease trading for the OPEN/FDUSD, SAGA/FDUSD, and VELODROME/USDC spot trading pairs at 11:00 (UTC+8) on September 11, 2026. The spot trading bot services for these pairs will also be terminated simultaneously, and users are advised to update or cancel them in advance.
DeFi Development Corp. Completes $11 Million IPO of CHAD Preferred Stock
Odaily News: DeFi Development Corp. disclosed that the initial public offering of its variable-rate Series C perpetual preferred stock, "CHAD Stock," was priced on September 3, with 1.375 million shares issued at $8.00 per share, resulting in estimated gross proceeds of approximately $11 million, before deducting underwriting discounts, commissions, and offering expenses. The underwriters have also been granted an option to purchase an additional 206,250 shares within 30 days, with the transaction expected to settle on September 8. The net proceeds from the offering will be used for general corporate purposes, including the purchase of Solana (SOL) and other digital assets, pursuing strategic transactions, and implementing growth initiatives.
Predict Developer Dashboard launched, supporting app creation, key generation, and usage and rate limit management
Odaily reported that predict.fun announced on X platform that it has launched the Predict Developer Dashboard, a self-service portal for creating applications, generating API keys, and managing usage and rate limits. Through this interface, users can manually apply for higher usage-based tiers and import existing keys. Predict.fun has also implemented "trading burst" limits to restrict the number of calls for creating and canceling orders per second. This limit is enabled by default for new applications, and will be applied to existing applications the next time users apply for rate limit adjustments.
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