#termmax @TermMax Since its 2025 launch, TermMax has grown through integrations with protocols such as Pendle (notably for PT collateral and leveraged yield strategies), Morpho, Aave, and Venus. Official materials and project communications have cited TVL figures ranging from tens of millions upward (with some claims exceeding $50–90 million depending on the period and methodology, including borrowed value). Independent trackers like DefiLlama have reported lower figures in the $30–40 million range at various points, reflecting differences in what is counted as locked value.