花涧空
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花涧空
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📢 Alert! “Niu Lai”’s issuing address snatched $155,000 in fees—are you still rushing in?
GMGN data confirms it—just 20 hours ago, the “Niu Lai” address launched yet another new project called “Niu Lai Life,” and this is already its 12th project! Cumulative fees have reached 224.17 BNB, worth about $155,000.
⚠️ This isn’t “Niu Lai”—it’s “Shave Lai”!
For these high-frequency issuing addresses, the usual playbook is mass harvesting and quick in/quick out, with zero real ecosystem support. It’s a classic risk bomb. Market funds are repeatedly drained, retail trust is repeatedly crushed—sell-pressure signals are already flashing red.
💡 Retail survival guide:
· Avoid all related projects tied to this address—don’t be a “bag holder.”
· Keep a close eye on where its funds flow—often it’s an early warning sign of risk.
· Don’t chase pumps, don’t FOMO—protecting your principal is the real strategy.
The hotter the market, the calmer you must be. The “opportunities” you see may be traps set up by others. Share the warning to help more people avoid the pit!👇
GMGN data confirms it—just 20 hours ago, the “Niu Lai” address launched yet another new project called “Niu Lai Life,” and this is already its 12th project! Cumulative fees have reached 224.17 BNB, worth about $155,000.
⚠️ This isn’t “Niu Lai”—it’s “Shave Lai”!
For these high-frequency issuing addresses, the usual playbook is mass harvesting and quick in/quick out, with zero real ecosystem support. It’s a classic risk bomb. Market funds are repeatedly drained, retail trust is repeatedly crushed—sell-pressure signals are already flashing red.
💡 Retail survival guide:
· Avoid all related projects tied to this address—don’t be a “bag holder.”
· Keep a close eye on where its funds flow—often it’s an early warning sign of risk.
· Don’t chase pumps, don’t FOMO—protecting your principal is the real strategy.
The hotter the market, the calmer you must be. The “opportunities” you see may be traps set up by others. Share the warning to help more people avoid the pit!👇
PINNED
In a bear market, everyone likes to predict the lowest price for this round, $BTC . Let me take a shot at it too!
What do you think the bottom will be? Feel free to drop your thoughts in the comments!
Personally, I predict the extreme bottom for this round at 44000U📉
Three core points:
1. Technical Cycle: The high was 126,000, and a 65% golden retracement perfectly corresponds to the 44,000 range;
2. Miner Cost Hard Support⛏️: The shutdown price for mainstream S23 water-cooled miners is 44,000. This is the new generation computing power's bottom line; if it drops below this, many will shut down, leading to massive selling pressure; the older S21 miners at 69,000-74,000 will reduce output in advance to cushion the drop;
3. Capital Flow: The spot ETF continues to provide a floor, making it hard to replicate the deep crashes of previous years. After the panic selling clears in Q4, we may see a bottom⏳
This prediction is based solely on cycles and mining costs, and there could be black swan events in the market. This does not constitute investment advice; invest your spare change to maintain a calm mindset✨
Once we hit a price you consider suitable, you can start to accumulate! Gradually increase your position; if you keep waiting for the absolute lowest price, you might miss out on this round of opportunities!
⚠️ Crypto investments carry extremely high risks, so enter the market with caution.
What do you think the bottom will be? Feel free to drop your thoughts in the comments!
Personally, I predict the extreme bottom for this round at 44000U📉
Three core points:
1. Technical Cycle: The high was 126,000, and a 65% golden retracement perfectly corresponds to the 44,000 range;
2. Miner Cost Hard Support⛏️: The shutdown price for mainstream S23 water-cooled miners is 44,000. This is the new generation computing power's bottom line; if it drops below this, many will shut down, leading to massive selling pressure; the older S21 miners at 69,000-74,000 will reduce output in advance to cushion the drop;
3. Capital Flow: The spot ETF continues to provide a floor, making it hard to replicate the deep crashes of previous years. After the panic selling clears in Q4, we may see a bottom⏳
This prediction is based solely on cycles and mining costs, and there could be black swan events in the market. This does not constitute investment advice; invest your spare change to maintain a calm mindset✨
Once we hit a price you consider suitable, you can start to accumulate! Gradually increase your position; if you keep waiting for the absolute lowest price, you might miss out on this round of opportunities!
⚠️ Crypto investments carry extremely high risks, so enter the market with caution.
📢 The total market value of stablecoins rises to $303.0 billion, up 0.74% over 7 days
The total market value of stablecoins across the whole network reaches $303.079 billion, up 0.74% week-on-week. The USDT market share surpasses 60.43%, solidifying its leading position in the market. Ongoing inflows of over-the-counter funds reflect both a risk-averse sentiment and buy-the-dip momentum. (😏 mildly positive)
With more funds coming in, will $BTC $ETH keep on flying?
Impact analysis: Stablecoin minting means more “bullets” in the market. Inflows often indicate stronger purchasing power and could help stabilize and support a rebound in risk assets.
Potential opportunities: Focus on liquidity-rich leading projects and position for potential oversold rebound opportunities.
#比特币创2023年3月来最佳周表现
The total market value of stablecoins across the whole network reaches $303.079 billion, up 0.74% week-on-week. The USDT market share surpasses 60.43%, solidifying its leading position in the market. Ongoing inflows of over-the-counter funds reflect both a risk-averse sentiment and buy-the-dip momentum. (😏 mildly positive)
With more funds coming in, will $BTC $ETH keep on flying?
Impact analysis: Stablecoin minting means more “bullets” in the market. Inflows often indicate stronger purchasing power and could help stabilize and support a rebound in risk assets.
Potential opportunities: Focus on liquidity-rich leading projects and position for potential oversold rebound opportunities.
#比特币创2023年3月来最佳周表现
橙子Joyce
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On August 21, Ethereum co-founder Vitalik Buterin published a new article, “Obfuscation (Part Three): Local Mixing,” introducing a cryptographic obfuscation technique being explored—“Local Mixing”—and suggesting it could become a new foundational tool for cryptography after elliptic curves, RSA, and lattice cryptography.
Vitalik publishes “Local Mixing” cryptography research: exploring next-generation obfuscation techniques, or becoming a new type of cryptographic base primitive
Vitalik said that today’s mainstream obfuscation techniques mainly rely on complex mathematical assumptions, but they often come with extremely high computational overhead. Local mixing uses an entirely different approach: it does not rely on elliptic curves, large-integer factorization, or lattice cryptography. Instead, it draws on experience from symmetric cryptography and hash function design—by continuously scrambling, restructuring, and hiding circuit structures, it eliminates information leakage while keeping functionality unchanged. The main steps in local mixing include reversibility, hardening, mixing, splitting, crossing walk, and “gadgetization.” By adding random structures to circuits, rearranging logic gates, and introducing nonlinear hiding mechanisms, it becomes difficult for an attacker to recover the original computation logic.
Vitalik noted that the technique is still in an early stage; its security has not yet been validated through long-term testing and it faces challenges such as random attacks and linear analysis. However, he believes that local mixing represents a completely new direction for cryptographic exploration, with the goal of building more efficient indistinguishability obfuscation (iO) schemes. If local mixing breakthroughs are achieved, it could lead to new post-quantum public-key encryption solutions and accelerate the development of general-purpose obfuscation technologies. At present, the field still requires years of cryptanalysis and optimization validation, but AI-assisted research may significantly speed up the maturation process.
Vitalik also said that obfuscation techniques are viewed as the “last frontier” of cryptography because, in theory, other cryptographic primitives can be constructed based on obfuscation and one-way functions. Local mixing could not only reduce the cost of traditional obfuscation schemes, but also become an important direction for future cryptographic infrastructure.
Vitalik publishes “Local Mixing” cryptography research: exploring next-generation obfuscation techniques, or becoming a new type of cryptographic base primitive
Vitalik said that today’s mainstream obfuscation techniques mainly rely on complex mathematical assumptions, but they often come with extremely high computational overhead. Local mixing uses an entirely different approach: it does not rely on elliptic curves, large-integer factorization, or lattice cryptography. Instead, it draws on experience from symmetric cryptography and hash function design—by continuously scrambling, restructuring, and hiding circuit structures, it eliminates information leakage while keeping functionality unchanged. The main steps in local mixing include reversibility, hardening, mixing, splitting, crossing walk, and “gadgetization.” By adding random structures to circuits, rearranging logic gates, and introducing nonlinear hiding mechanisms, it becomes difficult for an attacker to recover the original computation logic.
Vitalik noted that the technique is still in an early stage; its security has not yet been validated through long-term testing and it faces challenges such as random attacks and linear analysis. However, he believes that local mixing represents a completely new direction for cryptographic exploration, with the goal of building more efficient indistinguishability obfuscation (iO) schemes. If local mixing breakthroughs are achieved, it could lead to new post-quantum public-key encryption solutions and accelerate the development of general-purpose obfuscation technologies. At present, the field still requires years of cryptanalysis and optimization validation, but AI-assisted research may significantly speed up the maturation process.
Vitalik also said that obfuscation techniques are viewed as the “last frontier” of cryptography because, in theory, other cryptographic primitives can be constructed based on obfuscation and one-way functions. Local mixing could not only reduce the cost of traditional obfuscation schemes, but also become an important direction for future cryptographic infrastructure.
$ZEC
The day before yesterday, a地下 weapons dealer completed a $100 million arms deal and settled it directly using ZEC.
After sleeping it off, the settled ZEC on the books had turned into $200 million—assets doubled within half a night. This is the surreal magic of privacy coins.
Since this latest market cycle kicked off on the 19th, ZEC has completely broken out of an independent trend: it surged from around $500 all the way past $800+, becoming the leading mainstream coin as the overall market churned and tugged.
ZEC’s privacy attributes backed by zero-knowledge proofs are already supported by real-world scenario demand. And now, the bigger story is still to come: Grayscale’s ZEC spot ETF is still moving through the approval process. If the ETF is approved smoothly, it would mean privacy coins have officially received a pass for U.S. institutional entry—massive institutional capital would open the door.
By then, $800 may only be the starting point of this round of the rally.
With the privacy narrative plus ETF expectations acting as dual catalysts, ZEC is redefining the ceiling for privacy coins.
Risk warning: The above is only for sharing market stories and does not constitute investment advice. Cryptocurrency is highly volatile and carries very high risk.
#比特币两个月来首破7万美元
The day before yesterday, a地下 weapons dealer completed a $100 million arms deal and settled it directly using ZEC.
After sleeping it off, the settled ZEC on the books had turned into $200 million—assets doubled within half a night. This is the surreal magic of privacy coins.
Since this latest market cycle kicked off on the 19th, ZEC has completely broken out of an independent trend: it surged from around $500 all the way past $800+, becoming the leading mainstream coin as the overall market churned and tugged.
ZEC’s privacy attributes backed by zero-knowledge proofs are already supported by real-world scenario demand. And now, the bigger story is still to come: Grayscale’s ZEC spot ETF is still moving through the approval process. If the ETF is approved smoothly, it would mean privacy coins have officially received a pass for U.S. institutional entry—massive institutional capital would open the door.
By then, $800 may only be the starting point of this round of the rally.
With the privacy narrative plus ETF expectations acting as dual catalysts, ZEC is redefining the ceiling for privacy coins.
Risk warning: The above is only for sharing market stories and does not constitute investment advice. Cryptocurrency is highly volatile and carries very high risk.
#比特币两个月来首破7万美元
📢 Galaxy Research Head outlines outlook on new crypto regulations: may provide a legal path for U.S. token offerings
Breaking: The SEC has proposed new Reg Crypto rules, introducing the first-ever dedicated regulatory framework for projects. Key elements include financing exemptions, mandatory disclosure, and an “investment contract” exit mechanism, allowing compliant projects to raise funds from the public and later move away from being classified as securities once they mature. This could usher in a U.S. version of “Legal ICO 2.0,” addressing long-standing disputes over securities status. (🤩 Great news)
$BTC
Impact analysis: regulation shifts from unclear to transparent → lowers compliance costs and risk premiums → enables long-term liquidity release → supports valuation recovery for promising projects.
Potential opportunities: consider established base-layer protocol projects that have recently been troubled by compliance-related litigation, which may have room for valuation rebound.
#比特币两个月来首破7万美元
#财政部债券回购或超每期40亿美元
Breaking: The SEC has proposed new Reg Crypto rules, introducing the first-ever dedicated regulatory framework for projects. Key elements include financing exemptions, mandatory disclosure, and an “investment contract” exit mechanism, allowing compliant projects to raise funds from the public and later move away from being classified as securities once they mature. This could usher in a U.S. version of “Legal ICO 2.0,” addressing long-standing disputes over securities status. (🤩 Great news)
$BTC
Impact analysis: regulation shifts from unclear to transparent → lowers compliance costs and risk premiums → enables long-term liquidity release → supports valuation recovery for promising projects.
Potential opportunities: consider established base-layer protocol projects that have recently been troubled by compliance-related litigation, which may have room for valuation rebound.
#比特币两个月来首破7万美元
#财政部债券回购或超每期40亿美元
Verified
Talk about the details: @TermMax TermMax is this wave—directly filling in the “floating-rate trap” in DeFi lending.
Who among us who plays DeFi hasn’t been bitten by floating interest rates? The day before, the APR is still calmly lying there earning you money; the next day, it jumps up by 30%; in half a month, the profits are gone for good—along with the sense of safety even your principal might be dangling. It wasn’t until you truly understand TermMax’s mechanics that you realize: this protocol pinpoints the exact pain point everyone hates most.
No mystical, flashy concepts—just one core move: split a single loan into two tokens. FT is what you buy—interest is locked on the spot, and at maturity you get your money back reliably, with no “market-rates” nonsense in the middle. XT goes to the borrower—if you need cash, you can dump it in the secondary market for liquidity, without waiting until the end date.
If you want stability, hold FT and chill; if you want to hustle, play XT for upside—everyone does their own thing, no fighting.
Pricing isn’t playing games either. It studies Uniswap V3 and changes one key thing: when setting orders, the market maker directly chooses an interest-rate range, not a fixed price. It also automatically reshapes the curve as the maturity date approaches. The closer you get to repayment day, FT automatically increases in price and XT automatically decreases—fully aligned with real market behavior. It won’t do that absurd stuff where you’re still trading at a high interest rate right up to maturity.
Even idle funds aren’t allowed to just sit. Any unborrowed assets are automatically sent to mainstream protocols like Aave to earn interest on a cash basis—no wasted half a cent. Top market makers like Keyrock also help backstop liquidity, so you don’t have to worry about orders going unfilled.
Now TVL is close to breaking 100 million. You can use it across any of 10 EVM chains. RWA and LST can serve as collateral. On August 25th, TMX will go TGE, with a total supply of 1 billion and absolutely no “half-inflation” nonsense. Plainly speaking: while others chase high annualized yields with empty promises, it just quietly gives you the most solid certainty—“get your money at maturity.” If you’re worried about getting backstabbed by floating interest rates in lending, just go for it.
#TermMax
Who among us who plays DeFi hasn’t been bitten by floating interest rates? The day before, the APR is still calmly lying there earning you money; the next day, it jumps up by 30%; in half a month, the profits are gone for good—along with the sense of safety even your principal might be dangling. It wasn’t until you truly understand TermMax’s mechanics that you realize: this protocol pinpoints the exact pain point everyone hates most.
No mystical, flashy concepts—just one core move: split a single loan into two tokens. FT is what you buy—interest is locked on the spot, and at maturity you get your money back reliably, with no “market-rates” nonsense in the middle. XT goes to the borrower—if you need cash, you can dump it in the secondary market for liquidity, without waiting until the end date.
If you want stability, hold FT and chill; if you want to hustle, play XT for upside—everyone does their own thing, no fighting.
Pricing isn’t playing games either. It studies Uniswap V3 and changes one key thing: when setting orders, the market maker directly chooses an interest-rate range, not a fixed price. It also automatically reshapes the curve as the maturity date approaches. The closer you get to repayment day, FT automatically increases in price and XT automatically decreases—fully aligned with real market behavior. It won’t do that absurd stuff where you’re still trading at a high interest rate right up to maturity.
Even idle funds aren’t allowed to just sit. Any unborrowed assets are automatically sent to mainstream protocols like Aave to earn interest on a cash basis—no wasted half a cent. Top market makers like Keyrock also help backstop liquidity, so you don’t have to worry about orders going unfilled.
Now TVL is close to breaking 100 million. You can use it across any of 10 EVM chains. RWA and LST can serve as collateral. On August 25th, TMX will go TGE, with a total supply of 1 billion and absolutely no “half-inflation” nonsense. Plainly speaking: while others chase high annualized yields with empty promises, it just quietly gives you the most solid certainty—“get your money at maturity.” If you’re worried about getting backstabbed by floating interest rates in lending, just go for it.
#TermMax
After watching them, don’t you suddenly feel like your little pot of U is nothing? $BTC
$ETH
After watching, I feel like I should go add some positions!
#加密空头爆仓约30亿美元
$ETH
After watching, I feel like I should go add some positions!
#加密空头爆仓约30亿美元
Verified
📢 After 11 years of dormancy, Bitcoin wallets collectively “awaken,” transferring 1,214 coins within 24 hours $BTC
Quick news: On August 20, when the project price spiked to $72,400, ancient wallets dormant for over 11 years showed unusual activity. Over the past 24 hours, a total of 1,314 coins were transferred out, worth about $94 million, the vast majority of which came from old wallets from 2011. This is a concentrated sell-off by early profit-takers at a recent high. (😟 a small bearish signal)
Impact analysis: Cashing out from ancient addresses is often seen as a sign that long-term holders are exiting. The influx of sell pressure on the order of 100 million will test how well the bulls can absorb it in the short term, suppressing upward momentum.
Potential opportunity: Watch the depth of the pullback; aggressive traders may hedge the downside risk to a certain extent. #美联储纪要显示不支持降息
Quick news: On August 20, when the project price spiked to $72,400, ancient wallets dormant for over 11 years showed unusual activity. Over the past 24 hours, a total of 1,314 coins were transferred out, worth about $94 million, the vast majority of which came from old wallets from 2011. This is a concentrated sell-off by early profit-takers at a recent high. (😟 a small bearish signal)
Impact analysis: Cashing out from ancient addresses is often seen as a sign that long-term holders are exiting. The influx of sell pressure on the order of 100 million will test how well the bulls can absorb it in the short term, suppressing upward momentum.
Potential opportunity: Watch the depth of the pullback; aggressive traders may hedge the downside risk to a certain extent. #美联储纪要显示不支持降息
Partly True
The core advantages of @TermMax can be clearly demonstrated through three real-world scenarios.
For retail investors, the floating interest rates in traditional DeFi lending are extremely volatile. Platforms such as Aave may see APR jump from 10% to 30% in a short period of time, directly eroding leveraged returns. Around the 2025 Ethereum Cancun upgrade, before and after it, many users at #TermMax locked in 12% fixed annualized returns using 5x leverage, avoiding the dramatic interest-rate fluctuations throughout. In the end, they reliably received the agreed returns, and some users also received the platform’s exclusive GT airdrop.
For RWA (Real-World Assets) holders, most DeFi platforms do not support tokenized stocks as collateral, and even the few that do typically only offer floating-rate terms. In January 2026, TermMax launched on BNB Chain the industry’s first tokenized stock collateralized lending market, integrating Ondo’s compliant tokenized securities. Users can borrow stablecoins at a fixed interest rate without needing to sell their U.S. stock assets, and it also supports early repayment and term extensions—filling the gap in fixed-rate RWA lending.
For professional market makers, traditional AMM lending has a fixed pricing curve. Market makers cannot customize quotes, resulting in very low capital utilization. One leading DeFi market maker set a limit order on TermMax with “one-way borrowing only, interest rate 4%–7%.” This perfectly matched its own risk planning. Capital efficiency improved by 40% compared with traditional platforms, with no additional interest-rate risk throughout.
$BTC
Note: The above is only for functional demonstration and does not constitute any investment advice.
For retail investors, the floating interest rates in traditional DeFi lending are extremely volatile. Platforms such as Aave may see APR jump from 10% to 30% in a short period of time, directly eroding leveraged returns. Around the 2025 Ethereum Cancun upgrade, before and after it, many users at #TermMax locked in 12% fixed annualized returns using 5x leverage, avoiding the dramatic interest-rate fluctuations throughout. In the end, they reliably received the agreed returns, and some users also received the platform’s exclusive GT airdrop.
For RWA (Real-World Assets) holders, most DeFi platforms do not support tokenized stocks as collateral, and even the few that do typically only offer floating-rate terms. In January 2026, TermMax launched on BNB Chain the industry’s first tokenized stock collateralized lending market, integrating Ondo’s compliant tokenized securities. Users can borrow stablecoins at a fixed interest rate without needing to sell their U.S. stock assets, and it also supports early repayment and term extensions—filling the gap in fixed-rate RWA lending.
For professional market makers, traditional AMM lending has a fixed pricing curve. Market makers cannot customize quotes, resulting in very low capital utilization. One leading DeFi market maker set a limit order on TermMax with “one-way borrowing only, interest rate 4%–7%.” This perfectly matched its own risk planning. Capital efficiency improved by 40% compared with traditional platforms, with no additional interest-rate risk throughout.
$BTC
Note: The above is only for functional demonstration and does not constitute any investment advice.
This is a big pancake, and the second pancake is a Qixi Festival gift for Chinese coin friends! One of them, in 12 hours, rose by 7.97%$BTC ; the other is even more outrageous—up 18.44%$ETH in 12 hours. The liquidation figures in the last 12 hours are pretty similar to the 24-hour liquidation data. That means almost all liquidations happened within the most recent 12 hours! With this trend, it’s understandable why shorts got wrecked— but why were there also more than 200 million worth of long positions liquidated? Crypto is still full of gamblers, huh. Licking the blade for blood—this is all-in and go-hard type of play. They couldn’t tolerate even the slightest pullback during the上涨📈 process. Even though the direction was right, they still got liquidated!
This is the day when the “air force” has been hurt the most in the past year! Did some big “air force” whale place a heavily weighted short, then go out for a hotel date on Qixi night and didn’t watch the charts? Then the second pancake teamed up with the big pancake to give him a lesson!
This is the day when the “air force” has been hurt the most in the past year! Did some big “air force” whale place a heavily weighted short, then go out for a hotel date on Qixi night and didn’t watch the charts? Then the second pancake teamed up with the big pancake to give him a lesson!
Verified
#termmax @TermMax
This was my first time taking part in a Web3 task like this, and I was a little unsure. This time, the Binance Wallet Booster and the Square CreatorPad launched the TermMax campaign in sync. It only required 5 days instead of 15—I immediately smelled a big deal. I got in without hesitation.
But then the quiz slapped me in the face—I instinctively chose “the lending interest rates are all floating,” and the system instantly gave me a big red cross. I found out that TermMax focuses on fixed interest rates. Once you enter, the rate and term are locked in. That means you don’t have to worry about the market “playing tricks.” For someone like me who’s afraid of interest rates surging, it’s basically a life-saving straw.
TermMax comes from Term Structure Labs. It’s a multi-chain fixed-rate lending-and-borrowing system plus a structured product protocol—completely different from floating-rate platforms like Aave and Morpho. The three-token mechanism each has its role: FT-type zero-coupon bonds, with returns paid upfront; XT locks the borrowing cost; and GT wraps leverage into an NFT, supporting one-click looping. The upgraded TermMax Alpha functions like an option-based Call/Put—pay only the upfront premium, with no margin and no liquidation. Dual Investment lets LPs earn the premium.
The protocol supports collateral such as LST/LRT, Pendle PT, RWA, etc. Idle funds are automatically routed into yield-bearing protocols like Aave, and the Vault is managed by professional institutions. Current TVL is over $90 million, covering 10 EVM chains, and 1.5 million+ registered wallets. The TMX token TGE is on August 25, with a total supply of 1 billion and no inflation.
As an option newbie, TermMax really lowers the entry barrier a lot. I got hooked the first time I joined. Bros, don’t hesitate—just go for it! $BTC $ETH
#BTC
This was my first time taking part in a Web3 task like this, and I was a little unsure. This time, the Binance Wallet Booster and the Square CreatorPad launched the TermMax campaign in sync. It only required 5 days instead of 15—I immediately smelled a big deal. I got in without hesitation.
But then the quiz slapped me in the face—I instinctively chose “the lending interest rates are all floating,” and the system instantly gave me a big red cross. I found out that TermMax focuses on fixed interest rates. Once you enter, the rate and term are locked in. That means you don’t have to worry about the market “playing tricks.” For someone like me who’s afraid of interest rates surging, it’s basically a life-saving straw.
TermMax comes from Term Structure Labs. It’s a multi-chain fixed-rate lending-and-borrowing system plus a structured product protocol—completely different from floating-rate platforms like Aave and Morpho. The three-token mechanism each has its role: FT-type zero-coupon bonds, with returns paid upfront; XT locks the borrowing cost; and GT wraps leverage into an NFT, supporting one-click looping. The upgraded TermMax Alpha functions like an option-based Call/Put—pay only the upfront premium, with no margin and no liquidation. Dual Investment lets LPs earn the premium.
The protocol supports collateral such as LST/LRT, Pendle PT, RWA, etc. Idle funds are automatically routed into yield-bearing protocols like Aave, and the Vault is managed by professional institutions. Current TVL is over $90 million, covering 10 EVM chains, and 1.5 million+ registered wallets. The TMX token TGE is on August 25, with a total supply of 1 billion and no inflation.
As an option newbie, TermMax really lowers the entry barrier a lot. I got hooked the first time I joined. Bros, don’t hesitate—just go for it! $BTC $ETH
#BTC
📢 Elderly man in Hong Kong, in his 80s, falls for a fake cryptocurrency app scam: lost over HK$5 million in a month and a half
Breaking news: Hong Kong Police have disclosed a major investment fraud case targeting an elderly person. An 80-year-old clicked a fake link to download a counterfeit “Trust Wallet” app. Under the lure of “high returns,” he transferred more than HK$5 million worth of ETH into the scammers’ wallet in batches through offline money changers. In the end, he was unable to withdraw the funds. Police remind the public to stay alert against fake apps and high-return investment traps. (😟 negative small update) $BTC
An 80-year-old is playing with virtual currency too!
#比特币永续合约资金费率创20个月新高
Breaking news: Hong Kong Police have disclosed a major investment fraud case targeting an elderly person. An 80-year-old clicked a fake link to download a counterfeit “Trust Wallet” app. Under the lure of “high returns,” he transferred more than HK$5 million worth of ETH into the scammers’ wallet in batches through offline money changers. In the end, he was unable to withdraw the funds. Police remind the public to stay alert against fake apps and high-return investment traps. (😟 negative small update) $BTC
An 80-year-old is playing with virtual currency too!
#比特币永续合约资金费率创20个月新高
📢 Nvidia AI moat changes: from chip king to “capital player”
Breaking news: Nvidia, through a $500 billion GPU financing plan and a $100 billion-level OpenAI project, extends the AI competition from chips to the capital markets. Huang Renxun resolves the funding bottleneck for AI labs through loan backstops and equity investments. This move aims to, amid intensifying technological competition, lock in downstream demand with a “chips + capital” model, strengthen its ecosystem dominance, and accelerate the construction of AI infrastructure. (😏 slight positive)
Impact analysis: Nvidia’s massive financing plan will significantly boost the speed of AI infrastructure development, strengthen market confidence in AI compute-related projects, and—when transmitted to the Web3 space—drive valuation repairs for AI-sector initiatives. $NVDA.US
#NVDA
Possible investment opportunities: focus on related projects such as compute leasing and decentralized AI training.
Breaking news: Nvidia, through a $500 billion GPU financing plan and a $100 billion-level OpenAI project, extends the AI competition from chips to the capital markets. Huang Renxun resolves the funding bottleneck for AI labs through loan backstops and equity investments. This move aims to, amid intensifying technological competition, lock in downstream demand with a “chips + capital” model, strengthen its ecosystem dominance, and accelerate the construction of AI infrastructure. (😏 slight positive)
Impact analysis: Nvidia’s massive financing plan will significantly boost the speed of AI infrastructure development, strengthen market confidence in AI compute-related projects, and—when transmitted to the Web3 space—drive valuation repairs for AI-sector initiatives. $NVDA.US
#NVDA
Possible investment opportunities: focus on related projects such as compute leasing and decentralized AI training.
NVDAUS-1.04%
#termmax @TermMax
DeFi Risk Architecture: TermMax’s “Isolation” and the Future
I’ve just finished researching TermMax’s security architecture, and its “risk isolation compartment” design is truly impressive.
Unlike Aave’s shared liquidity pool, TermMax creates separate compartments for each lending market, isolating risk completely. If one compartment is attacked, it only impacts the lenders in that compartment. At the protocol level, systemic bad debt is effectively prevented; the trade-off is that risk is shifted from the protocol to the individual.
At first glance, this seems to make retail users bear all the risk. But on second thought, that’s the essence of finance. Shared pools may look safe, but they actually hide risk within systemic interconnections. Isolation compartments may seem cold, but they make risk calculable—lenders only need to focus on the collateral and oracle for a single market, without worrying about the global picture.
This design raises the bar for retail users, requiring credit analysis skills. But when RWA (real-world assets) are massively brought on-chain and collateral becomes more heterogeneous, the “risk mixing” of shared pools will become a fatal weakness. The isolation compartment architecture is the only solution capable of supporting trillion-level heterogeneous assets.
My view is this: in the next phase of DeFi, “no protocol-level bad debt” is more strategically valuable than “no individual loss.” TermMax chose a harder path—yet one that is more future-proof. As for long-term valuation, it’s worth thinking deeply about. DYOR!
#BTC☀
DeFi Risk Architecture: TermMax’s “Isolation” and the Future
I’ve just finished researching TermMax’s security architecture, and its “risk isolation compartment” design is truly impressive.
Unlike Aave’s shared liquidity pool, TermMax creates separate compartments for each lending market, isolating risk completely. If one compartment is attacked, it only impacts the lenders in that compartment. At the protocol level, systemic bad debt is effectively prevented; the trade-off is that risk is shifted from the protocol to the individual.
At first glance, this seems to make retail users bear all the risk. But on second thought, that’s the essence of finance. Shared pools may look safe, but they actually hide risk within systemic interconnections. Isolation compartments may seem cold, but they make risk calculable—lenders only need to focus on the collateral and oracle for a single market, without worrying about the global picture.
This design raises the bar for retail users, requiring credit analysis skills. But when RWA (real-world assets) are massively brought on-chain and collateral becomes more heterogeneous, the “risk mixing” of shared pools will become a fatal weakness. The isolation compartment architecture is the only solution capable of supporting trillion-level heterogeneous assets.
My view is this: in the next phase of DeFi, “no protocol-level bad debt” is more strategically valuable than “no individual loss.” TermMax chose a harder path—yet one that is more future-proof. As for long-term valuation, it’s worth thinking deeply about. DYOR!
#BTC☀
Too many people send meme coins into the public wallet @CZ , and it scared CZ into giving up on this public wallet—he had to turn it into a burn address!
As long as you become a recognized authority figure in an industry, even if you do nothing at all, people will keep sending you money. Right now, the total value of the virtual currency in this wallet is about $1.32 million—convert it to RMB and it’s around 10 million! Easily achieve the status of a millionaire!
As long as you have money and influence, money will come running toward you!$BNB
#BNB链将激活Pasteur硬分叉
#CZ
As long as you become a recognized authority figure in an industry, even if you do nothing at all, people will keep sending you money. Right now, the total value of the virtual currency in this wallet is about $1.32 million—convert it to RMB and it’s around 10 million! Easily achieve the status of a millionaire!
As long as you have money and influence, money will come running toward you!$BNB
#BNB链将激活Pasteur硬分叉
#CZ
According to on-chain data, at around 16:15 today, CZ’s public donation address repeatedly showed three consecutive token burn events. They were, respectively, 4,444 units of the Meme token “Bull Comes” (contract address starting with 0xD043B6, the same-named token “Bull Comes” that has been heavily hyped by the market and whose token address begins with 0xbee), 4,444 units of the Meme coin MarsCoin, and 4,444 units of “Binance Life.”
Upon verification of the three burn transactions, the 4,444 units of the Meme token “Bull Comes” were not actively burned by CZ. The transaction initiator was the token creator himself (0xcf86..383). The creator deployed the contract and set privileged permissions, minting 1 billion tokens to his own address. He then proactively transferred about 800 million tokens to the CZ address, and used transferFrom from the CZ address to forcibly transfer out 4,444 tokens to a burn/black-hole address, thereby simulating a CZ burn. During this period, the CZ address had granted no authorization to CZ for this token or to this initiator.$BNB
As long as you’re strong and famous enough, someone will forcefully try to “mug” or falsely implicate you!
#BNB链将激活Pasteur硬分叉
Upon verification of the three burn transactions, the 4,444 units of the Meme token “Bull Comes” were not actively burned by CZ. The transaction initiator was the token creator himself (0xcf86..383). The creator deployed the contract and set privileged permissions, minting 1 billion tokens to his own address. He then proactively transferred about 800 million tokens to the CZ address, and used transferFrom from the CZ address to forcibly transfer out 4,444 tokens to a burn/black-hole address, thereby simulating a CZ burn. During this period, the CZ address had granted no authorization to CZ for this token or to this initiator.$BNB
As long as you’re strong and famous enough, someone will forcefully try to “mug” or falsely implicate you!
#BNB链将激活Pasteur硬分叉
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