$TMX After this round of callbacks, I’ve become even more focused on its valuation correction opportunities.
As of September 3, the TMX price is about $0.114, with a circulating market cap of about $17.35 million—down roughly 44% from its historical peak.
TermMax offers fixed-rate, fixed-term lending and has already been deployed across multiple chains, including Ethereum, BNB Chain, Arbitrum, and Base.
I’m moderately positive on TMX mainly because the product is already live, and the combined team, advisors, and investors hold 46% of the tokens that are subject to an initial lock-up period—so near-term selling pressure from circulating supply is relatively limited.
However, the current FDV is about $114 million, and the circulating ratio is around 15%, so you can’t judge it as cheap based on circulating market cap alone.
Next, the most critical thing is:
Protocol growth → revenue growth → token demand growth
If this logic continues to be realized, this round of pullback might be the market’s start of repricing TMX.
#TermMax #TMX #DeFi
As of September 3, the TMX price is about $0.114, with a circulating market cap of about $17.35 million—down roughly 44% from its historical peak.
TermMax offers fixed-rate, fixed-term lending and has already been deployed across multiple chains, including Ethereum, BNB Chain, Arbitrum, and Base.
I’m moderately positive on TMX mainly because the product is already live, and the combined team, advisors, and investors hold 46% of the tokens that are subject to an initial lock-up period—so near-term selling pressure from circulating supply is relatively limited.
However, the current FDV is about $114 million, and the circulating ratio is around 15%, so you can’t judge it as cheap based on circulating market cap alone.
Next, the most critical thing is:
Protocol growth → revenue growth → token demand growth
If this logic continues to be realized, this round of pullback might be the market’s start of repricing TMX.
#TermMax #TMX #DeFi
