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Morning Edition · Tuesday, July 7, 2026Published at 6:34 AM EDT · New York
Security Roundup: Summer.fi Vault Loses About $6 Million to Share-Price Inflation
A net-asset-value manipulation drained a lending vault as researchers recorded another week of recurring losses in decentralized finance (DeFi).
Security researchers published a working reproduction of an exploit against Summer.fi's FleetCommander vault that lost about $6 million on July 6, according to a DeFiHackLabs proof-of-concept. The method was net-asset-value inflation, in wh…
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Bridge and Mint Exploits Sustain Heavy DeFi Losses
Over 3-6 months, recurring bridge proof-validation and unauthorized-mint exploits keep monthly DeFi losses elevated, including drains of deprecated contracts.
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