The battery inn the iPhone 17 Pro Max was designed to go up to 1,000 Charge Cycles before it declines to 80% Maximum Capacity under ideal conditions.
That works out to about a 1% decline for every 50 Charge Cycles, so your battery is doing just fine. After 250 Charge Cycles, the battery will be at about 95%.
What you are probably not aware of is that Apple does not display any tenths or fractions in the battery settings and they always round the Maximum Capacity number down to a whole number.
So, your battery might very well actually be 99.7% for example. But, that will be displayed as 99%. So, it looks to you like the battery has declined almost 1% when it only has declined .3%.
If you see or hear that some users are reporting that their battery is still at 100% after say 100 Charge Cycles, they are lucky. Their battery was actually at 101% or 102% when it was new, but that will still be displayed as 100%.
There is no need for you to check the battery settings all the time. It won't help. The battery is going to do what it is going to do.
What will help if you want maximum performance from your battery is set it up for Optimized Battery Charging and ignore the gimmicks like Charge Limits. They force you to charge your battery more often and nothing more. There is no advantage in doing this. Read through the very good information in the link below if you are interested in improving the life and performance of your battery.
https://discussions.apple.com/docs/DOC-9732