Summer.fi Pauses Lazy Summer Vaults After Blockaid Estimates $6 Million Drained in Ongoing Exploit

Summer.fi paused all vaults across the Lazy Summer Protocol after Blockaid said its exploit detection system identified an ongoing exploit and estimated that about $6 million had been drained. According to NS3.AI, Summer.fi said protocol guardians initiated the pause as the incident continued to unfold. The final loss amount and the root cause have not been confirmed. Summer.fi said those details will remain unsettled until it publishes a more comprehensive incident review.