#termmax @TermMax A lending market can exist on-chain and still be difficult to use.
For me, the adoption funnel for @TermMax looks something like this:
Interest → Quote → Depth → Fill → Repeat use.
Every step can become a bottleneck.
A quoted rate means little if there is not enough liquidity near it. Liquidity means less if size creates heavy slippage. And even a successful fill does not prove product-market fit if borrowers never return.
So instead of only asking how many markets #TermMax supports, I’d rather watch executable size, time-to-fill and repeat activity.
That is where $TMX adoption becomes measurable rather than narrative.
For me, the adoption funnel for @TermMax looks something like this:
Interest → Quote → Depth → Fill → Repeat use.
Every step can become a bottleneck.
A quoted rate means little if there is not enough liquidity near it. Liquidity means less if size creates heavy slippage. And even a successful fill does not prove product-market fit if borrowers never return.
So instead of only asking how many markets #TermMax supports, I’d rather watch executable size, time-to-fill and repeat activity.
That is where $TMX adoption becomes measurable rather than narrative.
