The "river" suddenly surged, with a bunch of people rushing in to open long positions. But when they tried to cash out their profits at expiration, DEX liquidity was paper-thin, and slippage ate up half their profits, leaving them furious. Then @TermMaxFi announced a new feature that perfectly solves this problem. Their Alpha version upgraded the exercise method, now offering not only net settlement but also "physical delivery." Simply put: if you correctly predicted a rise and wanted to cash out your profits, previously you could only exchange them directly for USDT on-chain. Insufficient liquidity easily led to significant losses due to slippage and MEV (Mean Exchange Value). Now you can choose Delivery: use USDT to directly buy tokens at a pre-locked strike price, then transfer them to large CEXs like Binance or OKX to sell. You can list as many as you want, completely controlling the execution price. They even posted a screenshot of River's practical application: a call expiring on January 28th, with a strike price of around $26, saw spot prices surge to $62+. Using Delivery, you can buy at a lower price and then sell on the CEX, securing a profit and avoiding several dollars of slippage. This feature is incredibly useful, especially for small-cap coins with limited liquidity; it's a lifesaver. Previously, when trading options with leverage, the biggest fear was making money on the index but losing money on individual coins. Now, with this additional option, execution is more flexible, and profits are more controllable. DeFi tools are becoming increasingly similar to the CeFi experience, but completely on-chain and without custody. TermMax's move is impressive; I recommend trying it out on BNB Chain. Have you recently experienced slippage issues? Come vent in the comments! #TermMax #RIVER @RiverdotInc #RIVERUSDT $RIVER #BinanceSquare