According to CoinMeta, Term Labs indicates that the fixed-rate loan positions in the affected vaults were fully recovered before 22:52 on August 25, 2026 (UTC +8), and Meta Vault along with related strategies are still in a closed state. Term Labs states that the Term V1 and Term V2 contracts were not compromised, and the direct lending market was not affected. The team is cooperating with law enforcement agencies and cybersecurity companies to investigate the responsible parties. The attackers funded through Tornado Cash and exploited vulnerabilities in governance proposals to extract WETH and USDC. Term Labs has taken measures to prevent matured assets from being redeemed into the controlled vaults.