Term Labs recovers all fixed-rate loan positions; Meta Vault remains offline

Term Labs confirmed that all fixed-rate loan positions affected by the recent Term Vault incident were recovered by August 25, 2026. The team stated that the incident was limited to liquidity balances within the vaults, and that Meta Vault and its associated strategies remain suspended. Direct lending markets, as well as Term V1 and V2 contracts, were not compromised. The team is currently working with law enforcement and cybersecurity firms to identify the responsible parties.