Summer Finance Loses $6M in Flash Loan Exploit
A $65M flash loan inflated a redemption to $70.9M and walked away with $6M, a textbook manipulation of the Lazy Summer Protocol's smart contracts.
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A $65M flash loan inflated a redemption to $70.9M and walked away with $6M, a textbook manipulation of the Lazy Summer Protocol's smart contracts.
The DeFi lending protocol lost just over $6M in a single exploit, the latest in a string of mid-cap DeFi venues taken down by attackers in 2025.