Two Stories on TermMax TVL Right Before TGE
I used to trust TermMax official stats until I lined up their TGE note next to DefiLlama. The team claims over 90 million TVL.
DefiLlama shows about 31 million locked on chain and that number fell more than 7 percent last month. This is no small gap. It feels like two separate tales about the same protocol. Maybe they add up all past deposits or campaign wallets or a wider time frame.
Or DefiLlama could be missing some chains. Neither idea has been spelled out clearly with five days left till TGE.
Fees sit near 20 thousand over 30 days which works out to around 310 thousand yearly revenue. Okay for a focused lending setup yet not strong enough alone to back that big TVL claim.
I am not waving a red flag. I just think the team should clear this up before the token trades and sharper eyes start checking every figure. Which number are you using for your allocation?
@TermMax #TermMax
I used to trust TermMax official stats until I lined up their TGE note next to DefiLlama. The team claims over 90 million TVL.
DefiLlama shows about 31 million locked on chain and that number fell more than 7 percent last month. This is no small gap. It feels like two separate tales about the same protocol. Maybe they add up all past deposits or campaign wallets or a wider time frame.
Or DefiLlama could be missing some chains. Neither idea has been spelled out clearly with five days left till TGE.
Fees sit near 20 thousand over 30 days which works out to around 310 thousand yearly revenue. Okay for a focused lending setup yet not strong enough alone to back that big TVL claim.
I am not waving a red flag. I just think the team should clear this up before the token trades and sharper eyes start checking every figure. Which number are you using for your allocation?
@TermMax #TermMax