$6 Million Vault Exploit Forces DeFi Platform Summer.fi to Wind Down

From BeInCrypto

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BeInCrypto • July 16, 2026 at 04:20 • News
Summer.fi will wind down operations after a $6.04 million exploit hit its Lazy Summer Protocol on July 6, wiping out the capital the team needed to rebuild. The five-year-old Decentralized Finance (DeFi) platform said the app will remain live until August 31. Summer.fi Closes Doors as July 6 Exploit Wipes Out Rebuild Runway In a
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