Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Term Finance Vault Exploited for $8.5 Million

Guavy AI Editorial Team
Instruments
ETH USDC DAI
Share

Term Finance, an Ethereum-based fixed-rate lending platform, has been hacked for approximately $8.5 million in digital assets from one of its vaults.

The exploit targeted the platform's Term Vault and resulted in the loss of 2,843 ETH (worth roughly $6.9 million) and 1.68 million USDC. The stolen USDC was subsequently swapped for DAI, according to on-chain data.

Term Finance is known for its fixed-rate, fixed-term lending model, which offers more predictable interest rates compared to variable-rate DeFi protocols.

More on Crypto

Crypto just now

IREN Limited Faces Crucial FY2026 Results Amid AI Cloud Transition

Crypto just now

Wintermute Bets Big with $190M Short Positions Led by ETH, BTC

Crypto 1m ago

Cramer Flips on Bitcoin After Price Surges Above $79K

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy