Crypto trader loses $50 million in single DeFi swap after ignoring platform warnings, paying $154,000 per AAVE token worth $114 on mobile device.
A $50 million USDT trade executed through Aave’s interface returned just 324 AAVE tokens after a user went ahead despite a high-slippage warning.
Historically, the percentage of addresses in profit drops to bitter lows below 10% during the depths of bear markets.
Aave is a decentralized finance (DeFi) lending platform primarily based on the Ethereum blockchain. It lets you take out instantaneous loans of cryptocurrency using other cryptocurrency you own as ...
The new initiative follows a user losing about $50 million in a single transaction. On March 12, a user attempted to swap 50,432,688 aEthUSDT for aEthAAVE using the CoW Swap router integrated into ...
A DeFi trader lost nearly $50M on a single AAVE swap, receiving just 324 tokens. Here's how it happened and where the money went.
Starting in June 2025, the attacker quietly accumulated approximately 84% of Venus's THE supply cap (14.5M tokens) over nine ...
DeFi and web3 focused Aave Labs has rolled out seemingly transformative updates that strengthen the protocol’s foundation.
A crypto trader ignored all warnings and risks when they swapped $50 million in Tether for AAVE, only to end up with $36,000. In a post on X, Aave founder Stani Kulechov said the trader ignored all ...