Binance Alpha will be the first to list TermMax $TMX on August 25, 2026

TMX Tokenomics
Total supply: 1 billion tokens, fixed supply, no inflation mechanism
TGE date: August 25, 2026, the same day as Binance Alpha goes live
Initial circulating supply: about 20%, i.e., about 200 million tokens

Key token allocation (reference project whitepaper):

**Community: 5% (150 million tokens)
**Ecosystem: 29% (290 million tokens), including Cliff + long-term Vesting
**Investors: 28% (280 million tokens), 12-month Cliff + 24-month Vesting
**Team: 15% (150 million tokens), 12-month Cliff + 30-month Vesting
**Liquidity: 5%
**Foundation: 5%
**Advisors: 3%

TMX Token Utility

TMX is mainly used for:

**Governance: participate in protocol governance and community decision-making
**Staking: stake TMX to earn sTMX rewards
**Ecosystem incentives: incentivize users, developers, and ecosystem participants
**Curator / Market creation: support market creation, management, and ecosystem development

Background of investors and the team

**Project team:** Term Structure Labs

Key investors include:
Cumberland DRW, HashKey Capital, Decima Fund, Longling Capital, MZ Web3 Fund, etc.
The project’s early-stage fundraising exceeded $4 million, and it has also participated in related accelerator and residency programs such as YZi Labs.

Overall, TMX’s token structure is primarily focused on ecosystem incentives and long-term Vesting. Both the team and investors have set relatively long lock-up/release periods.