TermMax’s Aug 25 TGE is getting more interesting.

DeFiLlama currently shows $31.21M TVL, $19.93K in 30-day fees, and $27.27M in active loans. Those numbers give a different view from the broader figures being discussed around TermMax.

I’m not calling that a problem. Different metrics can tell different stories.

After TGE, I’ll be watching whether TVL, active loans, and real fee generation continue moving together.

@TermMax
#TermMax