Term Finance $8.5M Governance Exploit: What DeFi Voting Attacks Mean for Leveraged ETH and DeFi Token Positions
Term Finance lost $8.5M (68% of vault TVL) to a governance capture attack costing the attacker just ~2 ETH — a structural DeFi risk that adds headline pressure to leveraged DeFi token positions without materially moving ETH spot at $2,457.