Wu said that Aave released a review of the Swap incident, stating that a user exchanged approximately $50.43 million of aEthUSDT for about $36,000 of aEthAAVE through CoW Swap routing on the Aave frontend, with a price impact of approximately 99.9%. Aave explained that the transaction took place within a third-party Swap protocol and that the core lending protocol was unaffected. The incident was caused by the user executing an oversized order in a market with extremely low liquidity and confirming a high-risk quote. Aave announced that it will introduce the Aave Shield feature, which will by default block Swaps with a price impact exceeding 25%.

AAVE1,78%

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