diff --git a/make/defs.mk b/make/defs.mk
index 74cd358d..0f1b32db 100644
--- a/make/defs.mk
+++ b/make/defs.mk
@@ -64,9 +64,8 @@ CFLAGS                += -DVERSION=$(HEX_VERSION)
 CPPFLAGS              += -DVERSION=$(HEX_VERSION)
 LD_LIB_PATH           += $(MODDIR)/lib
 
-ifndef LIBNAME
-	LIBNAME       := $(PROJECT)
-endif
+PROJECT               ?= $(notdir $(shell cd $(TOPDIR); pwd))
+LIBNAME               ?= $(PROJECT)
 
 TARGET                ?= Linux