#termmax Most DeFi is chasing ever-higher returns. TermMax, however, is doing something slower—putting a “price for time” back onto on-chain capital.
Founder Jerry Li spent more than two decades at Deutsche Bank in fixed income, and he knows that in traditional finance, interest rates and tenors can be agreed in advance and traded. But in DeFi, long-term deals are stuck with floating rates: borrowers can’t accurately calculate costs, and lenders can’t keep their returns locked.
So they break fixed rates into components using three tokens, make pricing more flexible with Range Orders, keep idle capital working, and turn leverage into a one-click process. The goal isn’t a higher APY—it’s to make interest rate, tenor, and risk clear for the first time.
It isn’t flashy, but it’s what infrastructure should look like.
Founder Jerry Li spent more than two decades at Deutsche Bank in fixed income, and he knows that in traditional finance, interest rates and tenors can be agreed in advance and traded. But in DeFi, long-term deals are stuck with floating rates: borrowers can’t accurately calculate costs, and lenders can’t keep their returns locked.
So they break fixed rates into components using three tokens, make pricing more flexible with Range Orders, keep idle capital working, and turn leverage into a one-click process. The goal isn’t a higher APY—it’s to make interest rate, tenor, and risk clear for the first time.
It isn’t flashy, but it’s what infrastructure should look like.