# J.P. Morgan Deposit Token On Base

> J.P. Morgan rolled out its USD bank deposit token on Base, now live for institutional clients.

**Published by:** [ETH Daily](https://ethdaily.io/)
**Published on:** 2025-11-13
**Categories:** news, 2025, november2025
**URL:** https://ethdaily.io/822

## Content

Quick TakeJ.P. Morgan deposit token on Base.EigenLayer introduces EigenZero.Aerodrome merges with Velodrome.Yahoo Finance partners with Polymarket.J.P. Morgan Deposit Token On BaseListen to this episode from Ethereum News on Spotify. J.P. Morgan rolls out its deposit token on Base. EigenLayer introduces EigenZero. Aerodrome merges with Velodrome. And Yahoo Finance partners with Polymarket. Read more: https://ethdaily.io/822 Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.https://spotify.comJ.P. Morgan Deposit Token On BaseJ.P. Morgan launched JPMD, its bank-issued USD deposit token, on Base, now live for institutional clients. The launch advances an earlier bank deposit token pilot program from proof-of-concept (PoC) to full production, enabling 24/7 instant institutional transfers and settlements at near-zero cost. JPMD is a permissioned digital representation of actual USD deposits held at J.P. Morgan Chase Bank. Access requires a U.S. bank account with the firm. Future plans include expansion to other chains, multiple currencies, and broader client access, pending regulatory approvals like the U.S. GENIUS Act.EigenLayer Introduces EigenZeroEigenLayer and LayerZero launched EigenZero, the first implementation of the CryptoEconomic Decentralized Verifier Network (DVN) Framework. The release brings slashable economic stake to interoperability, enabling LayerZero applications to choose verifiers for both technical correctness and economic accountability. LayerZero’s DVN marketplace already allows apps to select verification methods like ZK proofs and light clients. EigenZero adds a new category of economically backed DVNs, backed by $5m in slashable ZRO tokens. Using optimistic verification with an 11-day challenge period, EigenZero slashes verifiers for provable misbehavior.Aerodrome Merges With VelodromeAerodrome Finance, the leading DEX on Base, announced a merger with Velodrome, its counterpart on OP Mainnet, to launch a unified Ethereum mainnet DEX called Aero. The merge aims to create a cross-chain, aggregated liquidity platform designed to enhance interoperability and expand Aerodrome beyond Base. As part of the announcement, Aerodrome introduced a suite of upgrades, including MetaDEX03, a new operating system built to improve swaps, liquidity, and developer tooling across chains. Under the token migration plan, Aerodrome holders will receive 94.5% of the new AERO supply, while Velodrome holders will receive 5.5%. The merger was unveiled at the Dromos Conference in New York City, with Aero targeting a Q2 2026 mainnet launch.Other NewsYahoo partners with PolymarketVitalik signs trustless manifestoHoodi activates BPO2Lean Ethereum debuts on XCelo releases ENS subnamesSafe introduces Safe VenturesMLM pauses Arbitrum bridgeSharpLink releases Q3 earningsState of Private Voting 2026Fed divided on rate cutVisa announces stablecoin pilotWinklevoss introduce CypherpunkChains with freeze capabilityCoinbase leaves Delaware for TexasDisclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

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