Fixed-rate lending agreement TermMax will conduct TGE on August 25

Comparatively, fixed-rate lending and revolving strategy protocol TermMax announced that the Token Generation Event (TGE) for its governance and utility token TMX is scheduled to be held on August 25, 2026.

According to official reports, TermMax currently has more than 90 million US dollars in TVL, more than 1.5 million registered wallets, and more than 90,000 daily active users. It has been deployed on 10 EVM chains including Ethereum, BNB Chain, Arbitrum, Base, and Berachain, and integrated with Morpho, Aave, Venus, Pendle, etc. The total number of tokens is fixed at 1 billion, and rewards obtained through XP, AP, and MP will be claimed after TGE. Details of distribution, lock-up, and staking will be announced in advance.

Previously. TermMax is supported by Cumberland DRW, Decima Fund, HashKey Capital, Longling Capital, and MZ Web3 Fund.