Grayscale Decentralized Finance (DeFi) Fund LLC
Grayscale Decentralized Finance (DeFi) Fund LLC operates in various business sectors.
Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG) - Net Assets
Latest net assets as of September 2025: $4.62 Million USD
Based on the latest financial reports, Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG) has net assets worth $4.62 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.62 Million) and total liabilities ($0.00). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.62 Million |
| % of Total Assets | 100.0% |
| Annual Growth Rate | 14.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 22.35 |
Grayscale Decentralized Finance (DeFi) Fund LLC - Net Assets Trend (2022–2025)
This chart illustrates how Grayscale Decentralized Finance (DeFi) Fund LLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grayscale Decentralized Finance (DeFi) Fund LLC (2022–2025)
The table below shows the annual net assets of Grayscale Decentralized Finance (DeFi) Fund LLC from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $4.41 Million | -3.21% |
| 2024-06-30 | $4.55 Million | +48.09% |
| 2023-06-30 | $3.08 Million | +5.85% |
| 2022-06-30 | $2.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grayscale Decentralized Finance (DeFi) Fund LLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 49754000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $4.41 Million | 100.00% |
| Total Equity | $4.41 Million | 100.00% |
Grayscale Decentralized Finance (DeFi) Fund LLC Competitors by Market Cap
The table below lists competitors of Grayscale Decentralized Finance (DeFi) Fund LLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tff Pharmaceuticals Inc
NASDAQ:TFFP
|
$181.70K |
|
ALTCF
PINK:ALTCF
|
$181.83K |
|
Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund
NYSE:PTA
|
$181.93K |
|
FISH & PAYK HEALTH
BE:FPLB
|
$181.99K |
|
Qwest Corp. NT
NYSE:CTBB
|
$181.69K |
|
Electrica SA
LSE:ELSA
|
$181.62K |
|
EUROPLASMA EO 1-
F:1EZ0
|
$181.54K |
|
CORELENS S.A. ZY -10
F:9GK
|
$181.52K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grayscale Decentralized Finance (DeFi) Fund LLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,554,025 to 4,407,775, a change of -146,250 (-3.2%).
- Net loss of 205,797 reduced equity.
- Other factors increased equity by 59,547.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-205.80K | -4.67% |
| Other Changes | $59.55K | +1.35% |
| Total Change | $- | -3.21% |
Book Value vs Market Value Analysis
This analysis compares Grayscale Decentralized Finance (DeFi) Fund LLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.50x to 1.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | $12.42 | $18.67 | x |
| 2023-06-30 | $13.14 | $18.67 | x |
| 2024-06-30 | $19.46 | $18.67 | x |
| 2025-06-30 | $18.55 | $18.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grayscale Decentralized Finance (DeFi) Fund LLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.03x
- • Equity Multiplier: 1.00x
- Recent ROE (-4.67%) is above the historical average (-73.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -325.79% | 0.00% | -0.10x | 1.00x | $-9.76 Million |
| 2023 | 5.53% | 0.00% | -1.02x | 1.00x | $-137.48K |
| 2024 | 32.47% | 0.00% | -0.37x | 1.00x | $1.02 Million |
| 2025 | -4.67% | 0.00% | -0.03x | 1.00x | $-646.57K |
Industry Comparison
This section compares Grayscale Decentralized Finance (DeFi) Fund LLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG) | $4.62 Million | -325.79% | 0.00x | $181.70K |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |