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But honestly, that’s not what caught my attention.
It’s what happens when a user actually wants to exit a leveraged GT position.
TermMax’s own docs point advanced users toward manually unwinding through Etherscan because the default UI may not always deliver the best execution or lowest slippage.
And that creates a fascinating question.
If the optimal strategy exists outside the main interface, who is actually getting the best outcome?
The experienced DeFi user who knows exactly what to do?
Or the average user who simply trusts the buttons in front of them?
That difference matters.
Especially with XP running through September while the pre-mine ended Aug 11 and TGE arrives Aug 25.
I’m not calling this a flaw.
I’m saying it creates an interesting tension between accessibility and execution.
TermMax has clearly built significant traction.
Now I’m watching whether the product itself catches up with the users who already understand its deeper mechanics.
Because in DeFi, sometimes the biggest edge isn’t having more capital.