#termmax @TermMax
Pulled TermMax's actual numbers instead of trusting the vibes on the timeline. ๐ Here's what the data says as of this week.
TVL: sitting in the $30โ40M range depending on the exact snapshot, up from zero at launch in April 2025. ๐ Active loans: ~$29.49M outstanding. ๐ฆ Daily active users: 17K, per TermMax's own reporting. ๐ฅ Deployed markets: 100+ across every supported chain. ๐
Do the one calculation nobody posts: active loans รท TVL. At roughly $29.49M borrowed against ~$34.1M TVL, that's close to 86% utilization. ๐งฎ A lot of established lending markets run 40โ60% utilization โ spare liquidity sitting idle is normal. 86% is not idle capital; that's a market where most of what's deposited is actually being used.
On DefiLlama, TermMax ranks #36 out of 464 tracked lending protocols, in a category worth $40.148B combined โ meaning TermMax is roughly 0.1% of the entire lending category by TVL. ๐ Small fish, high-utilization fish.
Does 86% utilization read as healthy demand to you, or does it also mean less spare liquidity if you show up wanting to borrow right now? ๐ค And does rank #36 out of 464 feel further along or earlier-stage than you expected for this much daily activity?
@TermMax #TermMax
Pulled TermMax's actual numbers instead of trusting the vibes on the timeline. ๐ Here's what the data says as of this week.
TVL: sitting in the $30โ40M range depending on the exact snapshot, up from zero at launch in April 2025. ๐ Active loans: ~$29.49M outstanding. ๐ฆ Daily active users: 17K, per TermMax's own reporting. ๐ฅ Deployed markets: 100+ across every supported chain. ๐
Do the one calculation nobody posts: active loans รท TVL. At roughly $29.49M borrowed against ~$34.1M TVL, that's close to 86% utilization. ๐งฎ A lot of established lending markets run 40โ60% utilization โ spare liquidity sitting idle is normal. 86% is not idle capital; that's a market where most of what's deposited is actually being used.
On DefiLlama, TermMax ranks #36 out of 464 tracked lending protocols, in a category worth $40.148B combined โ meaning TermMax is roughly 0.1% of the entire lending category by TVL. ๐ Small fish, high-utilization fish.
Does 86% utilization read as healthy demand to you, or does it also mean less spare liquidity if you show up wanting to borrow right now? ๐ค And does rank #36 out of 464 feel further along or earlier-stage than you expected for this much daily activity?
@TermMax #TermMax
