US EditionTrader Loses $50 Million in Aave Swap After Ignoring Slippag
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.3 Articles
3 Articles
Key news points: Trader loses $50.4 million in USDT by extreme sliding in Aave. The failed swap bought only $36,000 in AAVE tokens. Bots MEV and builders captured nearly $44 million of the error. A trader traded $50.4 million in USDT for just $36,000 in AAVE tokens on the Ethereum network, in one of the most expensive slippage errors recorded in DeFi. The operation was executed through the Aave interface, which showed explicit warnings about the…
Trader Loses $50 Million in Aave Swap After Ignoring Slippag
A crypto user lost $50 million in a DeFi swap following a dismissed slippage warning. MEV bots and platform operators made millions from the same transaction’s arbitrage dynamics. Continue Reading:Trader Loses $50 Million in Aave Swap After Ignoring Slippage Warning The post Trader Loses $50 Million...
A $50M Lesson: Aave Swap Loss Raises Questions Around DeFi Guardrails, UX
The latest multi-million dollar loss in a crypto trade execution wasn’t the result of a hacker or bug. A user tried to buy AAVE using $50 million USDT through the Aave interface, clicked through a warning, and walked away with 324 AAVE, worth roughly $35,912 at the time of execution. Every system involved functioned exactly as it was supposed to, raising important questions around guardrails in DeFi. Aave founder Stani Kulechov addressed the inc…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
