#termmax @TermMax
I find something interesting when thinking about TermMax because it is trying to bring the “certainty” of traditional fixed-income into DeFi, addressing many people’s fear of interest-rate volatility. Key interesting points:
Fixed-rate interest (Fixed-Rate)
Unlike Aave, Compound (variable rates), TermMax lets you lock in the interest rate from the start. Lenders know in advance how much they will earn. Borrowers know in advance what the borrowing cost will be.
→ Reduces the risk of “sudden, sharp interest rate spikes.”
A model similar to Uniswap V3 + zero-coupon bond
They split the token into:
FT (Fixed-rate Token): like a discounted bond—buy for less than face value, and at maturity receive a full 1:1.
XT (Yield Token).
Combined with a customized AMM, it allows range orders, one-click leverage, looping… quite creative.
Currently “hot” with point farming
Many Vietnamese users are farming points (XP, AP, MP…) in anticipation of the TGE token $TMX (expected 25/08/2026).
TVL currently is around $90M+, supporting 8–10 chains (Ethereum, Arbitrum, BNB, Base, Berachain…).
Vault managed by Curator
There are professional funds (Keyrock, Edge Capital, Origami…) managing the vault—users simply deposit to earn passive yield, while idle funds are deployed into Aave/Morpho to optimize.
One-click leverage without liquidation risk (according to how they designed it) and integrated RWA (tokenized stock of Ondo… $BTW
I find something interesting when thinking about TermMax because it is trying to bring the “certainty” of traditional fixed-income into DeFi, addressing many people’s fear of interest-rate volatility. Key interesting points:
Fixed-rate interest (Fixed-Rate)
Unlike Aave, Compound (variable rates), TermMax lets you lock in the interest rate from the start. Lenders know in advance how much they will earn. Borrowers know in advance what the borrowing cost will be.
→ Reduces the risk of “sudden, sharp interest rate spikes.”
A model similar to Uniswap V3 + zero-coupon bond
They split the token into:
FT (Fixed-rate Token): like a discounted bond—buy for less than face value, and at maturity receive a full 1:1.
XT (Yield Token).
Combined with a customized AMM, it allows range orders, one-click leverage, looping… quite creative.
Currently “hot” with point farming
Many Vietnamese users are farming points (XP, AP, MP…) in anticipation of the TGE token $TMX (expected 25/08/2026).
TVL currently is around $90M+, supporting 8–10 chains (Ethereum, Arbitrum, BNB, Base, Berachain…).
Vault managed by Curator
There are professional funds (Keyrock, Edge Capital, Origami…) managing the vault—users simply deposit to earn passive yield, while idle funds are deployed into Aave/Morpho to optimize.
One-click leverage without liquidation risk (according to how they designed it) and integrated RWA (tokenized stock of Ondo… $BTW