Protocol Information
Fixed-rate lending via on-chain auctions
Methodology
TVL: Counts the liquid balance of Term Strategy Vaults: idle assets plus reserves parked in third party ERC4626 vaults. Capital deployed into Term repo tokens is left out here to avoid double counting, it is tracked by the term-finance adapter as locked purchase tokens and borrowed.View code on GitHubHacks
Date: Aug 23, 2026
Amount: $8.5m
Classification: Governance
Technique: Malicious Proposal
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is TermFinance Vaults' TVL?
TermFinance Vaults currently has $1.63m in total value locked. TVL has decreased 84.4% over the past 30 days.
What chains does TermFinance Vaults operate on?
TermFinance Vaults operates on 6 chains: Base, Arbitrum, Plasma, Ethereum, and BSC and 1 others. Avalanche holds the largest share at 97.8%.
How does TermFinance Vaults' TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, TermFinance Vaults ranks #68 by TVL. The category holds $4.593b across 585 protocols, and TermFinance Vaults accounts for <0.1% of that total. Other leading protocols include Pendle V2, Spectra V2, Equilibria, Penpie, Napier, ReHold V2, Spark Savings, Stake DAO Yield, AUTOfinance, 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.