Term Finance Loses $8.5M to Attacker Who Bought Governance Control for 2 ETH
An attacker purchased voting power in Term Finance for approximately 2 ETH, then used that control to drain $8.5 million...
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Decentralized finance (DeFi) replaces banks, exchanges, and lenders with on-chain smart contracts. Our DeFi coverage tracks automated market makers and DEX volume (Uniswap, Curve, Balancer, PancakeSwap, Aerodrome), money markets and lending (Aave, Compound, Spark, Morpho), liquid staking and restaking (Lido, Rocket Pool, EigenLayer), stablecoin issuance and depeg events, total value locked (TVL) shifts, yield strategies, governance proposals, and the exploits, audits, and recovery efforts that define the security landscape. We follow major chains where DeFi is most active — Ethereum and its Layer 2s, Solana, Tron, BNB Chain, and the long tail of EVM-compatible networks.
DEXs & AMMsLending & borrowingLiquid stakingStablecoinsTVL & yieldDAO governance
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