The current real-time price of TERM is $0.5782. In the past 24 hours, TERM has traded between $0.5143 and $0.6070, showing strong market activity. The all-time high of TERM is $16.7, and the all-time low is $0.3310.
From a short-term perspective, the price change of TERM over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is +12.40%. These figures provide a quick overview of the latest price trends and market dynamics of TERM on LBank.-11.12%
The live price of TERM today is $0.5782, with a current market cap of $0. The 24-hour trading volume is 114.05. The price of TERM to USD is updated in real time.
Before deciding whether to buy or sell TERM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s TERM technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for TERM.
How much will TERM be worth tomorrow, next week, or next month in ? What about your TERM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! TERM Price Prediction
To learn more about TERM, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xa5ca...7fa2a1  | 41.038M | 41.04% |
ethereum | 0xe231...92e77a | 29.323M | 29.32% |
ethereum | 0x8f0e...a69a22 | 9.337M | 9.34% |
ethereum | 0x4484...19937a | 2.333M | 2.33% |
ethereum | 0xc909...f79efa | 2.333M | 2.33% |
Other | 15.633M | 15.63% |
Term Finance is a decentralized, non-custodial lending protocol on Ethereum. It enables users to borrow or lend at a fixed interest rate through a unique weekly auction mechanism. This innovative system efficiently matches lenders and borrowers, providing a structured approach to fixed-rate financing within the blockchain ecosystem.
In Term Finance's weekly auctions, borrowers submit bids detailing their desired interest rates, while lenders offer their ask prices. The protocol's smart contract then calculates a 'clearing rate'—a fixed interest rate that balances the market supply and demand. Lenders who offered rates below this clearing rate participate, and borrowers who bid rates above it borrow at this established market rate.
The interest rate within Term Finance is dynamically determined by the Term auction contract's algorithm. This algorithm processes all submitted bids from borrowers and ask prices from lenders during the auction period. Its ultimate function is to select a fixed interest rate that effectively clears the market, ensuring an equilibrium between borrowing demand and lending supply.
While Term Finance strives for security, users should be aware of potential risks. The main concerns include smart contract risk, which is the possibility of vulnerabilities or bugs within the protocol's code, and liquidation risk, related to the collateral liquidation process. To mitigate these, the protocol's code is public, open-source, and has undergone thorough audits by Sigma Prime, enhancing its reliability.
Lenders typically do not incur any protocol fees on Term Finance. However, borrowers are subject to two types of fees: a servicing fee, which is an annualized charge based on the borrowed amount, and liquidated damages. Liquidated damages are applied if a borrower's position is liquidated due to collateral value falling below maintenance margin requirements or a failure to repay the loan on time.
At the maturity of a Term Finance loan, borrowers are obligated to repay their principal and accrued interest. They are typically granted a 12-24 hour window to complete this repayment, which then unlocks their collateral. Following this repayment window, lenders can redeem their principal and interest by burning their Term Tokens, finalizing the loan cycle.
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