#termmax @TermMax
Was going through TermMax’s latest update this morning... started with the August 25 TGE details and somehow ended up digging through the numbers instead.
$90M+ TVL. 1.5M+ registered wallets. 90K+ daily active users. 10 EVM chains.
Okay... that's a pretty big footprint.
But then I noticed where the same fixed-rate idea is actually showing up now.
Lending, options, tokenized equities... and even institutional financing on Canton.
That made me stop for a second.
Because this isn't just @TermMax taking one lending product and putting it on more chains. They're pushing the same “known rate, known term” idea into very different types of capital.
Hmm... not sure that's as simple as it sounds.
If the capital gets larger and the people using it need to plan cash flows, certainty probably becomes more valuable.
But DeFi has also been built around flexibility for years.
So which one wins when the two start pulling in opposite directions?
$TMX goes live August 25.
I guess that's the part I'm watching now.
Was going through TermMax’s latest update this morning... started with the August 25 TGE details and somehow ended up digging through the numbers instead.
$90M+ TVL. 1.5M+ registered wallets. 90K+ daily active users. 10 EVM chains.
Okay... that's a pretty big footprint.
But then I noticed where the same fixed-rate idea is actually showing up now.
Lending, options, tokenized equities... and even institutional financing on Canton.
That made me stop for a second.
Because this isn't just @TermMax taking one lending product and putting it on more chains. They're pushing the same “known rate, known term” idea into very different types of capital.
Hmm... not sure that's as simple as it sounds.
If the capital gets larger and the people using it need to plan cash flows, certainty probably becomes more valuable.
But DeFi has also been built around flexibility for years.
So which one wins when the two start pulling in opposite directions?
$TMX goes live August 25.
I guess that's the part I'm watching now.