This market will resolve to “Yes” if the ether.fi protocol or an ether.fi product is exploited or incurs bad debt resulting in a loss of $1,000,000 or more in user or protocol funds, occurring after the creation of this market and before December 1, 2026 - 00:00 PST.

Otherwise, this market will resolve to “No.”

For the purposes of this market:

• “Ether.fi protocol” includes its official smart contracts (including eETH, weETH, staking, liquid vaults, and ether.fi Cash/Liquid products) as listed on official ether.fi channels.

• A “hack or exploit” includes smart contract vulnerabilities, oracle manipulation/failures, security incident, and compromised private keys, as long as the loss of funds is verifiable onchain.

• “Bad debt” is defined as realized losses to an ether.fi product's depositors of $1,000,000 or more in a single incident.

• Losses reimbursed by ether.fi or recovered post-incident do not negate an exploit or bad/debt event for the purposes of this market.

• Exploits occurring before market creation, or exploits of third-party protocols that merely integrate ether.fi tokens, do not qualify unless ether.fi's own contracts or funds are directly drained.