Earlier I wrote that #TermMax operates across multiple networks, and that sounded like a sign of a mature multi-chain infrastructure.
Digging deeper: @TermMax is technically deployed on nine networks, including Berachain and Hyperliquid L1. But 98.4% of all locked value is concentrated specifically in Ethereum.
Formally multi-chain, but in reality almost all activity is in one place.
I should have phrased it more precisely—so I’m correcting it now.
Digging deeper: @TermMax is technically deployed on nine networks, including Berachain and Hyperliquid L1. But 98.4% of all locked value is concentrated specifically in Ethereum.
Formally multi-chain, but in reality almost all activity is in one place.
I should have phrased it more precisely—so I’m correcting it now.