TermMax Sets TGE Date for August 25 Amid Strong Growth

TermMax, a fixed-rate lending and yield farming protocol, has announced its Token Generation Event (TGE) for August 25. According to the official announcement, TermMax currently boasts over $90 million in TVL, with more than 1.5 million registered wallets and over 90,000 daily active users.

The protocol has already been deployed on 10 EVM chains, including Ethereum, BNB Chain, Arbitrum, Base, and Berachain. TermMax also boasts integrations with notable protocols such as Morpho, Aave, Venus, and Pendle.

The total supply of the TMX token is capped at 1 billion, with rewards for XP, AP, and MP holders to be unlocked after the TGE. The distribution, lock-up periods, and staking details will be announced in advance.