Security
Term Finance Permanently Shuts Meta Vaults After Exploit PeckShield Estimated at $8.5 Million
The Defiant·August 25, 2026·1 min read
Term Finance has permanently shut down its Meta Vaults after an exploit estimated at $8.5 million by PeckShield. Withdrawals remain open, but the Aug. 23 update did not quantify remaining vault assets and only said it would explore ways to address any shortfall. The closure marks a significant response to the security breach.
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