Summerfi has shut down its business due to protocol attack and will cease front-end services before August 31st

Summerfi announced the closure of Summerfi and Labs due to the Lazy Summer Protocol attack on July 6th. The attacker manipulated the prices of two USDC Vault shares on the Ethereum mainnet, stole $6.04 million in deposits, and depleted the protocol and team's operating funds. The team stated that there is no feasible restructuring path and will maintain the availability of the Summerfi frontend until August 31st.