This Week in DeFi - $TRUMP, Coinbase x Morpho, Jupuary Airdrop

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$TRUMP

The big news over the weekend was Trump launching a memecoin. $TRUMP quickly pumped, and is currently at $10B Market cap - probably the fastest rise of any coin in history, especially at this level of liquidity.

As cool as that is in some ways, it's also obviously a bit grifty. Would be cool to see if the Trump team actually ends up using this coin in a useful way.

Another interesting, related news is that Trump-related World Liberty Finance has been buying ETH to the tune of $48M.

Coinbase x Morpho

Morpho scored a huge win last week as Coinbase announced Bitcoin backed loans - powered by Morpho. Morpho is a set of immutable smart contracts, and a relatively small team – they certainly dont have access to much marketing or ramps, so this partnership is quite big for them.

Derive 2025 Roadmap

Derive dropped its token - DRV. If you used Derive or had Lyra before the snapshot - check your allocation.

They also announced an AI-heavy roadmap, planning to introduced an AI agent to help you trade, a yield bearing stable powered in part by Ethena, and Market maker vaults - powered by AI.

Jupuary Airdrop

Jupyter's Jupuary airdrop checker is live. You can check it and other important airdrops on our airdrop site: https://www.todayindefi.com/airdrops

That's it for this week.

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