DeFi tokens, including Uniswap ($UNI) and Lido DAO ($LDO), are surging following Donald Trump's election win.
Investor sentiment has turned positive due to expectations of a more crypto-friendly administration under Trump.
LDO token recorded a sharp increase of over 50% in a day, prompting Paradigm to transfer 8.18 million LDO to Coinbase Prime.
The surge in DeFi tokens reflects the market's optimism about favorable crypto policies, potentially leading to further growth in decentralized platforms.