[Summer.fi Announces Closure of Operations Following Protocol Attack, Frontend to Remain Available Until August 31] According to the Summer.fi blog, the team has announced the closure of Summer.fi and its parent company, Labs, following an attack on the Lazy Summer Protocol on July 6. The attacker manipulated the share prices of two USDC Vaults on the Ethereum mainnet, stealing approximately $6.04 million in deposits in a single transaction. This resulted in significant losses to the protocol and the team's own funds, depleting operational resources. Against the backdrop of overall pressure on DeFi following the Stream Finance incident in October 2025, the team stated that no viable restructuring path remains. The Summer.fi frontend will remain available until August 31.