TermMax — Private Credit Vault

Sidelined? Here is your chance to earn yield on $USDC while getting exposed to token and market upside.

Our first Private Credit Vault aims to bootstrap liquidity and economic activity for a DeFi project @TermMaxFi.

Earn ~18%–27% APY on Your USDC with the TermMax Private Credit Vault!

Why This Matters for Stablecoin Holders

If you’re parking USDC on a lending market for 3–4% or worse — letting it idle in a wallet, you’re leaving yield on the table.

• @TermStructureFi (parent company of TermMax) raised $4.45M in a Seed round, backed by @Cumberland, @HashKey_Capital, and others
• Short commitment period of about 4 months starting early June (plus a bit to unwind) — wraps up by mid October ‘25
• Earn 18% APY plus bonus tokens
• $TMX TGE unlocks before the VCs and backers

Is this VC on steroids? You get high potential token upside with much lower downside risk 🙌

Meet TermMax Finance

TermMax is an AMM-based, fixed-rate / fixed-maturity lending protocol purpose-built for professional DeFi traders and market makers.

Key features:

TermMax in Two Sentences Curated “rate curve designers.” Instead of one-size-fits-all interest rates, professional “makers” post custom curves that mimic real-world forward-rate markets, improving capital efficiency. One-click leverage & ERC-4626 vaults. Power users can amplify returns instantly, while passive users deposit to vaults managed by seasoned strategists.

The project raised $4.45 million in seed funding from Cumberland, HashKey Capital, and other tier-one investors

Anatomy: Where the 18% Comes From

1. Base lending yield from TermMax USDC Vault: ~4% (variable, accrues daily)
2. Daily TMX airdrop incentives: ~6% (variable, unlocks at TGE, zero vesting)
3. TermMax backstops any gap to hit 18% (in TMX, unlocks at TGE, zero vesting)

Extra $TMX for Big Depositors

• No cliff, linear unlock over 6 months

• We’ll claim for you and return your principal + yield

• TGE expected in Q3/Q4 2025

We expect this to generate an additional 6–9% APY for you

How the Campaign Runs (Step-by-Step)

1. 1-week deposit window with $500K floor.
2. If a lot of demand → raise the cap, extend a few days.
3. Pause deposits, snapshot LP balances.
4. Bridge from Solana to ETH and deposit into the TermMax USDC Vault
5. Month 4: coordinate with TermMax to prepare for withdrawal at the end of the 4-month period.
6. Withdraw principal + yield, reopen withdrawals.
7. Post-TGE: Distribute TMX token rewards in USDC on a pro-rata basis

Timeline ⏳

• Now → Day 7: Deposit window

• Day 8: Funds bridged, vault live

• Month 4: Unlock & unwind

• Post-TGE: TMX rewards distributed

Risks to know 👇

• Smart contracts: Audited by Spearbit x Cantina

• Yield: Base + $TMX rewards may vary with market & token price

• TGE timing: Aiming for Q3–Q4 ’25, but could shift based on market conditions

• Withdrawals: May take time — funds are actively deployed, but we’ll work with the TermMax team to ensure withdrawal process goes smoothly

Estimated valuation for TMX token based on $60M FDV, with price $0.06

We apply a 20% performance fee for this deal — but only on the profits. That means:

• We don’t charge anything upfront

• Your original deposit is never touched for fees

• The fee is calculated only on the gain at the end of the term

• Collected automatically before your final USDC + TMX rewards are returned

We only earn when you do — incentives alligned

👉 Deposit into the vault: https://www.app.neutral.trade/strategies/termmax

👉 Need a bigger allocation? DM us.

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