Term Finance lost $1.60 million due to oracle misconfiguration, has recovered over $1 million
2025-04-27 22:17:19
Term Finance, an Ethereum fixed-rate lending protocol, lost about $1.60 million in ETH due to an oracle configuration error. The team said that through internal capture and negotiation, more than $1 million of funds have been recovered, and the remaining deficit will be covered by the protocol vault, and a detailed review report is planned. Term stressed that "this is not a hack attack, no smart contracts have been exploited, and user funds have not been directly targeted." On the same day, the DeFi protocol Impermax Finance also suffered a lightning loan attack, losing more than $150,000.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Term Finance因预言机配置错误损失160万美元，已追回逾百万美元Next article：
现货黄金回落至3310美元/盎司下方，日内跌0.28%
