🚨JUST IN: TRADER LOSES $50M IN AAVE SWAP DISASTER

The trade was executed through the interface of $AAVE

Aave CEO said the system warned the user beforehand. The trade was far larger than available liquidity.

The interface warned about “extraordinary slippage.” Despite the warning, the trader confirmed the transaction.

He said the team will try to reach the user and refund roughly $600,000 in fees while also looking at stronger safeguards.

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