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.
A user tried to swap $50 million USDT for AAVE on the Aave interface but ended up receiving only 324 AAVE tokens due to massive slippage.
A trader swapped $50M USDT for only $36K in AAVE after extreme slippage. Aave and CoW Protocol say the trade executed as signed.
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Aave oracle glitch causes $27 million liquidation cascade
Aave oracle glitch on Lido's staking derivative, wstETH, has caused massive liquidations totaling $27 million.
Aave founder Stani Kulechov said the interface displayed multiple slippage warnings, which the user manually accepted on a mobile device.
With fewer low-risk yield strategies in crypto, investors are turning to DeFi lending, sending Aave usage to record levels.
The conflict centered on a proposal to fund product development and expansion, which ACI opposed due to concerns over ...
DeFi and web3 focused Aave Labs has rolled out seemingly transformative updates that strengthen the protocol’s foundation.
Aave Labs’ controversial, wide-ranging proposal passed an initial vote on Saturday. But Aave founder Stani Kulechov said it ...
Aave DAO has approved a vote to launch an over-collateralized stablecoin on the Ethereum network, pegged to the US dollar. The stablecoin offers additional perks to attract new DeFi users to the Aave ...
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