{"id":647505,"date":"2026-08-24T04:53:55","date_gmt":"2026-08-24T04:53:55","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/24\/term-finance-loses-estimated-8-5m-in-vault-governance-exploit-2\/"},"modified":"2026-08-24T04:53:55","modified_gmt":"2026-08-24T04:53:55","slug":"term-finance-loses-estimated-8-5m-in-vault-governance-exploit-2","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/24\/term-finance-loses-estimated-8-5m-in-vault-governance-exploit-2\/","title":{"rendered":"Term Finance loses estimated $8.5M in vault governance exploit"},"content":{"rendered":"

\"Term<\/p>\n

Term permanently closed its Meta Vaults after an attack reportedly removed nearly all of their Ethereum deposits.<\/p>\n

Decentralized lending protocol Term Finance lost an estimated $8.5 million after an attacker exploited governance control of its strategy vaults, according to blockchain security firms.\u00a0<\/p>\n

On Sunday, PeckShield said<\/a> the attacker drained about 2,843 Ether (ETH), valued at $6.87 million at the time, and 1.68 million USDC, which was exchanged for approximately 1.68 million Dai (DAI). CertiK made a similar estimate<\/a>, placing the total loss at around $8.5 million.\u00a0<\/p>\n

The reported loss represented about 68% of the $12.45 million held in Term\u2019s vault product before the attack, including nearly all of its approximately $8.8 million in Ethereum deposits, according<\/a> to Defillama data.\u00a0<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Term permanently closed its Meta Vaults after an attack reportedly removed nearly all of their Ethereum deposits. Decentralized lending protocol Term Finance lost an estimated $8.5 million after an attacker exploited governance control of its strategy vaults, according to blockchain security firms.\u00a0 On Sunday, PeckShield said the attacker drained about 2,843 Ether (ETH), valued at […]<\/p>\n","protected":false},"author":1,"featured_media":647506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-647505","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/647505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=647505"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/647505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/647506"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=647505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=647505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=647505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}