#termmax @TermMax
TermMax is already live across 100+ markets and 9 chains, but the TVL tells a more interesting story.
Around 98% of the $31M+ TVL is still concentrated on Ethereum. That doesn’t make the expansion meaningless—it shows where the deepest liquidity and strongest capital currently prefer to sit.
With Capital, and other established players involved, the focus seems less about chasing every new chain and more about building where trust and liquidity already exist.
The other chains look like future options, while Ethereum is doing the heavy lifting today.
And with fees approaching $20K over 30 days without token emissions inflating the numbers, the revenue looks much more organic.
still hasn’t traded publicly, so the token market hasn’t even started pricing this story yet.
That’s the part I’m watching most closely.
#TermMax @TermMax
TermMax is already live across 100+ markets and 9 chains, but the TVL tells a more interesting story.
Around 98% of the $31M+ TVL is still concentrated on Ethereum. That doesn’t make the expansion meaningless—it shows where the deepest liquidity and strongest capital currently prefer to sit.
With Capital, and other established players involved, the focus seems less about chasing every new chain and more about building where trust and liquidity already exist.
The other chains look like future options, while Ethereum is doing the heavy lifting today.
And with fees approaching $20K over 30 days without token emissions inflating the numbers, the revenue looks much more organic.
still hasn’t traded publicly, so the token market hasn’t even started pricing this story yet.
That’s the part I’m watching most closely.
#TermMax @TermMax