Summer.fi Drains $6M via Lazy Summer Accounting Exploit
- DeFi
- DeFi Protocol
- Security
Attackers manipulated the Lazy Summer Protocol accounting system to drain yield vaults. Blockaid flagged the exploit live on July 6. Funds moved to Tornado Cash before users received warnings. Summer.fi paused all vaults after the fact.
Incident Details
- Type
- PROTOCOL EXPLOIT
- Funds Lost
- $6M
- Status
- Total loss
Protocol paused deposits and began investigation.