#termmax @TermMax ONG NEIRO ENA these three somehow ended up on the same watchlist today.

Quick quiz before we continue: which one actually has a fixed-rate product behind it? (hint: none of them… yet)

First, TMX.

Still not live.

Launch is set for the 25th just a few days left.

(Now let's see what surprise awaits on the 25th. Will I be able to stay on the leaderboard? Anyway, I've already started working.)

What’s barely being discussed on Square is how TermMax already has limit orders that earn floating yield while waiting to fill, plus the AERO put vault on Base that stacks option premium on top of passive yield from idle stables. Quiet product work while the countdown runs. @TermMax

Then the three already moving:

$ONG is the Ontology Gas token that suddenly woke up with serious volume.
$NEIRO is the meme side of the board pure community energy, no complicated thesis needed.
$ENA is the synthetic dollar play (Ethena), the one that actually sits closer to real DeFi infrastructure.
Put TMX next to these three and you get a strange but interesting mix. One is still counting down to TGE with real fixed-rate products already live, the others are already trading and reacting to the market in real time. Different stages, same habit of solving specific problems instead of just chasing the next candle.

What makes @TermMax stand out?