Catenaa, Monday, January 19, 2026- TermMax, a fixed-rate decentralized finance protocol, launched the first borrowing market allowing tokenized stock collateral on BNB Chain, integrating Ondo Global Markets’ tokenized securities.
The move aims to meet growing institutional demand for predictable borrowing costs amid volatile markets.
The platform’s zero-coupon bond model delivers pre-set yields for lenders and transparent borrowing rates for users, mitigating the interest rate risks that have traditionally limited institutional participation in DeFi.
TermMax allows early repayment or rollover extensions, mirroring traditional stock-borrowing flexibility.
TermMax’s integration with Ondo Global Markets, which manages over $350 million in tokenized US stocks and ETFs, makes it the first DeFi protocol to accept tokenized equities as collateral for fixed-rate loans.
The integration allows professional and institutional investors to leverage stock tokens for liquidity, enhancing capital efficiency while maintaining strict risk management standards.
The protocol supports over-collateralization and transparent on-chain tracking of all loan positions, aligning with institutional risk practices.
TermMax also enables covered call strategies and access to call and put options on tokenized stocks, extending financial engineering capabilities to on-chain markets.
The launch positions TermMax at the forefront of the convergence between real-world assets and fixed-rate DeFi lending.
TermMax’s fixed-rate tokenization protocol aims to deliver predictable returns for lenders and transparent costs for borrowers while fostering deeper institutional engagement in decentralized finance.
