Credit · Fixed Income · TMX
TermMax issues fixed-rate, fixed-maturity credit through paired Fixed Tokens and eXtra Tokens, with a Gearing Token representing the leveraged borrower side, so both lenders and borrowers lock a rate to a date. The design is reviewed independently in Statemind's survey of fixed-rate DeFi designs. DefiLlama classifies it as Lending with $26,293,799 borrowed (DefiLlama API, 26 Jul 2026).
Fixed-rate, fixed-maturity credit with built-in leverage tokens.
Protocol TVL
$34.5M
Latest data · 15 min delay
Funding, governance, and treasury data (DeFi Llama + curated).
Seed
$4.3M · 2023-11-30
Investors
Total supplied
—
Tier 2No daily history from the current sources
Pending live refresh
Total borrowed
—
Tier 2No daily history from the current sources
Pending live refresh
TVL (net)
DeFi Llama$32.1M
DeFi Llama6h ago
Fees (30d)
DeFi Llama$16.8K
DeFi Llama7h ago
Revenue (30d)
DeFi Llama$16.8K
DeFi Llama7h ago
Wtd avg borrow APY
—
Tier 2No daily history from the current sources
Pending live refresh
Wtd avg supply APY
—
PendingNo daily history from the current sources
Pending live refresh
Top collateral assets
—
PendingList metric; no series
Pending live refresh
Bad debt
—
Tier 2No daily history from the current sources
Pending live refresh
Market cap
—
PendingNo daily history from the current sources
Pending live refresh6h ago
FDV
—
PendingFDV history not tracked
Pending live refresh6h ago
P/TVL
—
PendingNo daily history from the current sources
Pending live refresh
TVL Δ 30d
Derived (DeFi Llama)-4.51%
Derived from the TVL series
Derived (DeFi Llama)0s ago
Chain count
Derived (DeFi Llama)7
Count metric; no series
Derived (DeFi Llama)6h ago
