TermMax TGE Scheduled for August 25 with $90M TVL and 1B Token Supply

Fixed-interest protocol TermMax sets TGE for Aug 25. The project boasts $90M TVL, 1.5M wallets, and backing from Cumberland DRW, signaling strong pre-launch traction.

Woofun AI reports that TermMax, a fixed-interest lending and revolving strategy protocol, has scheduled its Token Generation Event for August 25, 2026. The governance and utility token, TMX, will have a fixed total supply of 1 billion units. Current metrics indicate a total value locked exceeding $90 million, alongside more than 1.5 million registered wallets and over 90,000 daily active users. The protocol operates across 10 EVM chains, including Ethereum, BNB Chain, Arbitrum, Base, and Berachain, with integrations involving Morpho, Aave, Venus, and Pendle. Token rewards derived from XP, AP, and MP will be accessible post-TGE, with specific distribution, locking, and staking details to be announced in advance. Previous funding rounds included support from Cumberland DRW, Decima Fund, HashKey Capital, Longling Capital, and MZ Web3 Fund.