Crypto Trader Loses Nearly $50M in Aave Trade, Protocol Offers $600K Fee Refund
A trader lost nearly $50 million after swapping $50 million in USDT for just 324 AAVE tokens due to extraordinary slippage. Aave's founder noted the protocol will attempt to return about $600,000 in fees and emphasized the need for better safeguards against user errors in decentralized finance.
Decrypt·03-12 22:50
