#TermMax
Almost closed the tab tbh. then the TVL number caught my eye and I just kept scrolling lol
TermMax is apparently sitting at $90M+ TVL now, with 1.5M+ wallets registered and around 90K daily users. Mainnet only launched in April 2025, so that’s a pretty fast climb.
It’s also live across around 10 EVM chains — Ethereum, BNB Chain, Arbitrum etc — and already integrated with Morpho, Aave, Venus & Pendle. Those are the integrations that actually matter.
And then I saw the date: TGE is August 25. so yeah, basically a few days away.
What caught my attention more than the TVL though is what happens after the pre-mine.
The pre-mine ended on August 11, and whatever XP you had by then is locked in. Pretty standard.
But from September 12, the new XP system starts using daily snapshots. So you can’t just show up once, farm, and disappear anymore. You actually need to keep holding the position for it to count.
Still in wait-and-see mode personally.
TVL going up is the easy part when incentives are live and an airdrop/TGE is right around the corner. The real test comes after TGE, when XP turns into an actual tradable token.
That’s when we’ll find out whether the liquidity was actually sticky or just mercenary capital farming the incentives.
A month after TGE, that’s the number I’ll be watching:
who’s still here, and who just claimed and left?
@TermMax $AAVE $MORPHO $BOME
Almost closed the tab tbh. then the TVL number caught my eye and I just kept scrolling lol
TermMax is apparently sitting at $90M+ TVL now, with 1.5M+ wallets registered and around 90K daily users. Mainnet only launched in April 2025, so that’s a pretty fast climb.
It’s also live across around 10 EVM chains — Ethereum, BNB Chain, Arbitrum etc — and already integrated with Morpho, Aave, Venus & Pendle. Those are the integrations that actually matter.
And then I saw the date: TGE is August 25. so yeah, basically a few days away.
What caught my attention more than the TVL though is what happens after the pre-mine.
The pre-mine ended on August 11, and whatever XP you had by then is locked in. Pretty standard.
But from September 12, the new XP system starts using daily snapshots. So you can’t just show up once, farm, and disappear anymore. You actually need to keep holding the position for it to count.
Still in wait-and-see mode personally.
TVL going up is the easy part when incentives are live and an airdrop/TGE is right around the corner. The real test comes after TGE, when XP turns into an actual tradable token.
That’s when we’ll find out whether the liquidity was actually sticky or just mercenary capital farming the incentives.
A month after TGE, that’s the number I’ll be watching:
who’s still here, and who just claimed and left?
@TermMax $AAVE $MORPHO $BOME
