aftermath
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#AaveSwapIncident
#BREAKING: On March 12, 2026, a cryptocurrency trader suffered a massive loss of nearly $50 million while attempting a single swap transaction on the Aave protocol. The user tried to swap 50 million USDT for AAVE tokens, but due to low liquidity and high slippage, the transaction returned only 324 AAVE tokens (roughly $36,100), according to reports.
Protocol #response and #aftermath :
📌 Aave founder Stani Kulechov stated the team would attempt to contact the trader to return approximately $600,000 in fees generated by the transaction.
#impact : This incident is considered one of the largest slippage-related losses in DeFi history, emphasizing the risks of high-volume trading in liquidity pools with limited depth.
$AAVE
$XRP
$SOL
#BREAKING: On March 12, 2026, a cryptocurrency trader suffered a massive loss of nearly $50 million while attempting a single swap transaction on the Aave protocol. The user tried to swap 50 million USDT for AAVE tokens, but due to low liquidity and high slippage, the transaction returned only 324 AAVE tokens (roughly $36,100), according to reports.
Protocol #response and #aftermath :
📌 Aave founder Stani Kulechov stated the team would attempt to contact the trader to return approximately $600,000 in fees generated by the transaction.
#impact : This incident is considered one of the largest slippage-related losses in DeFi history, emphasizing the risks of high-volume trading in liquidity pools with limited depth.
$AAVE
$XRP
$SOL
The Sui Foundation has partnered with Cetus and Aftermath Finance to launch a new incubator.
The incubator will provide initial funding of $2 million to accepted projects and has the potential to invest more as the incubator grows and more high-quality projects emerge.
#SuiNetwork #sui #Cetus #aftermath #EarnFreeCrypto2024
The incubator will provide initial funding of $2 million to accepted projects and has the potential to invest more as the incubator grows and more high-quality projects emerge.
#SuiNetwork #sui #Cetus #aftermath #EarnFreeCrypto2024
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