Total Value Locked$1.68m
TVL by Chain
Avalanche$1.66m
Ethereum$9,877
Plasma$7,879
Arbitrum$102.67
BSC$47.82
Base$0
Hacks
Date: Aug 23, 2026
Amount: $8.5m
Classification: Governance
Technique: Malicious Proposal
An attacker acquired majority voting power in the thinly held governance tokens controlling Term Vaults and used that voting power to pass malicious governance proposals. The proposals gave the attacker control over the affected vaults, enabling the underlying assets to be withdrawn. The attack therefore did not require stealing an administrative key or bypassing an authorization check—the attacker obtained the required authority through the governance mechanism itself. Recent reporting indicates the affected products were Term’s strategy vaults built on Yearn V3 infrastructure rather than Term Finance’s core fixed-rate repo lending architecture
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
TermFinance Vaults history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 24, 2025 to Nov 12, 2026.
All-time high TVL: $48.21m on Sep 30, 2025. All-time low TVL: $1.61m on Aug 26, 2026.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $1.65m |
| Oct 15, 2026 | $1.65m |
| Oct 16, 2026 | $1.65m |
| Oct 17, 2026 | $1.65m |
| Oct 18, 2026 | $1.65m |
| Oct 19, 2026 | $1.65m |
| Oct 20, 2026 | $1.66m |
| Oct 21, 2026 | $1.66m |
| Oct 22, 2026 | $1.66m |
| Oct 23, 2026 | $1.66m |
| Oct 24, 2026 | $1.66m |
| Oct 25, 2026 | $1.66m |
| Oct 26, 2026 | $1.66m |
| Oct 27, 2026 | $1.66m |
| Oct 28, 2026 | $1.66m |
| Oct 29, 2026 | $1.67m |
| Oct 30, 2026 | $1.67m |
| Oct 31, 2026 | $1.67m |
| Nov 1, 2026 | $1.67m |
| Nov 2, 2026 | $1.67m |
| Nov 3, 2026 | $1.67m |
| Nov 4, 2026 | $1.67m |
| Nov 5, 2026 | $1.67m |
| Nov 6, 2026 | $1.67m |
| Nov 7, 2026 | $1.67m |
| Nov 8, 2026 | $1.68m |
| Nov 9, 2026 | $1.68m |
| Nov 10, 2026 | $1.68m |
| Nov 11, 2026 | $1.68m |
| Nov 12, 2026 | $1.68m |
TVL at each month end, Mar 2025 to Nov 2026
| Date | TVL |
|---|---|
| Mar 31, 2025 | $8.33m |
| Apr 30, 2025 | $2.91m |
| May 31, 2025 | $8.23m |
| Jun 30, 2025 | $5.03m |
| Jul 31, 2025 | $6.92m |
| Aug 31, 2025 | $3.72m |
| Sep 30, 2025 | $48.21m |
| Oct 31, 2025 | $10.08m |
| Nov 30, 2025 | $18.6m |
| Dec 31, 2025 | $17.67m |
| Jan 31, 2026 | $19.38m |
| Feb 28, 2026 | $15.13m |
| Mar 31, 2026 | $16.19m |
| Apr 30, 2026 | $7.23m |
| May 31, 2026 | $10.2m |
| Jun 30, 2026 | $12.29m |
| Jul 31, 2026 | $10.26m |
| Aug 31, 2026 | $1.61m |
| Sep 30, 2026 | $1.65m |
| Oct 31, 2026 | $1.67m |
| Nov 12, 2026 (latest) | $1.68m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/termfinance-vaults
Frequently asked questions
What is TermFinance Vaults' TVL?
As of Nov 12, 2026, TermFinance Vaults has $1.68m in total value locked. TVL has increased 2.2% over the past 30 days.
What chains does TermFinance Vaults operate on?
TermFinance Vaults operates on 6 chains: Avalanche, Ethereum, Plasma, Arbitrum, and BSC and 1 others. Avalanche holds the largest share at 98.9%.
How does TermFinance Vaults' TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, TermFinance Vaults ranks #67 by TVL. The category holds $4.061b across 579 protocols, and TermFinance Vaults accounts for <0.1% of that total. Similar protocols include Pendle V2, Spectra V2, Equilibria, Penpie, Napier, Spark Savings, Stake DAO Yield, AUTOfinance, Aura, and Royco V2.
Has TermFinance Vaults ever been exploited?
TermFinance Vaults has 1 recorded security incident. The most recent incident occurred on Aug 23, 2026 and involved $8.5m. It was classified as Governance.