{"id":744925,"date":"2026-08-24T07:25:17","date_gmt":"2026-08-24T04:25:17","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/term-finance-loses-estimated-8-5m-in-vault-governance-exploit\/"},"modified":"2026-08-24T07:25:17","modified_gmt":"2026-08-24T04:25:17","slug":"term-finance-loses-estimated-8-5m-in-vault-governance-exploit","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/term-finance-loses-estimated-8-5m-in-vault-governance-exploit\/","title":{"rendered":"Term Finance loses estimated $8.5M in vault governance exploit"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-how-scammers-exploit-trusted-platforms-for-crypto-fraud-3.jpg\" alt=\"Term Finance loses estimated $8.5M in vault governance exploit\" class=\"type:primaryImage\"><\/p>\n<p>Term permanently closed its Meta Vaults after an attack reportedly removed nearly all of their Ethereum deposits.<\/p>\n<p>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.&nbsp;<\/p>\n<p>On Sunday, PeckShield <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/PeckShieldAlert\/status\/2091452165932175659\" rel=\"noopener noreferrer\" target=\"_blank\">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 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately 1.68 million Dai (DAI). CertiK made a similar<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/CertiKAlert\/status\/2091433962795106499\" rel=\"noopener noreferrer\" target=\"_blank\"> estimate<\/a>, placing the total loss at around $8.5 million.&nbsp;<\/p>\n<p>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, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/termfinance-vaults\" rel=\"noopener noreferrer\" target=\"_blank\">according<\/a> to Defillama data.&nbsp;<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/term-finance-8-5m-vault-governance-exploit?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.&nbsp; On Sunday, PeckShield said the attacker drained about 2,843 Ether (ETH), valued at&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-744925","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/744925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=744925"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/744925\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=744925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=744925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=744925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}