@TermMax #TermMax
TermMax operates using Fixed Tokens (FT), Yield Tokens (XT), and Governance Tokens (GT), utilizing range-order pricing curves where FT remains fully tradable prior to maturity.

Investors often assume fixed-rate DeFi protocols require locking capital until expiration without active secondary liquidity.

That made me look at it differently.
As time-to-maturity continuously updates, time itself becomes an active variable integrated directly into the pricing curve.