BNB$676.86-1.31%BRENT$90.46-1.85%BTC$77,711-1.93%COPPER$6.59-0.13%DJI$53,417+0.26%DOGE$0.0841-1.44%DXY99.04+0.03%ETH$2,396-1.99%GOLD$4,628-0.53%NDX$29,023-0.97%SILVER$67.79-1.67%SOL$91.24-2.07%SPX$7,653-0.28%US10Y4.70-0.72%VIX15.78-0.44%BNB$676.86-1.31%BRENT$90.46-1.85%BTC$77,711-1.93%COPPER$6.59-0.13%DJI$53,417+0.26%DOGE$0.0841-1.44%DXY99.04+0.03%ETH$2,396-1.99%GOLD$4,628-0.53%NDX$29,023-0.97%SILVER$67.79-1.67%SOL$91.24-2.07%SPX$7,653-0.28%US10Y4.70-0.72%VIX15.78-0.44%
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Term Finance Shuts Down Meta Vaults Amid $8.5 Million Drain

Key takeaways

  • Term Finance has terminated its Meta Vaults following a governance decision that allows for an $8.5 million withdrawal, leaving potential losses unaddressed.

Analysis

Term Finance has terminated its Meta Vaults following a governance decision that allows for an $8.5 million withdrawal, leaving potential losses unaddressed.

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