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Hack history / 2026 / Hack or exploit

Lazy Summer Protocol

Hack or exploit on Jul 6, 2026 · Donation Attack

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$6M
dollars at the time
Returned
none listed
as the sources state it
Rank
#413
among thefts by dollars lost

What happened

On July 6, 2026, Summer.fi's Lazy Summer Protocol USDC vaults were exploited when an impaired Silo vault (from November 2025 Stream Finance collapse) remained in NAV calculations. The attacker accumulated vault tokens whose value hadn't reflected economic impairment, transferred them to inflate totalAssets, and redeemed at inflated price for $6.04M in genuine USDC.

Details

Date
Jul 6, 2026
Kind
Hack or exploit
Method
Donation Attack
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Lazy Summer Protocol hack, Jul 6, 2026: $6M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht9f8407212d/ (data as of 2026-11-01).
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