Binance Square
#incident

incident

350 views
5 Discussing
BO7AN
·
--
#incident is my first name. Am I the only incident person or is there anyone else similar.
#incident is my first name.
Am I the only incident person or is there anyone else similar.
Article
Aave swap incidentOn March 12, 2026, a user lost approximately $50.4 million in a single transaction while attempting to swap stablecoins for AAVE tokens through the Aave interface. The incident is being called one of the largest execution failures in DeFi history.  Key Details of the Incident The Trade: A user attempted to swap roughly 50.4 million aEthUSDT for aEthAAVE. The Loss: Due to extreme price impact and low liquidity, the user received only about 327 aEthAAVE, worth approximately $36,000. The Cause: Aave's post-mortem stated the root cause was insufficient market liquidity for such a massive trade, rather than a protocol bug or slippage in the traditional sense. The trade was routed through the third-party protocol CoW Swap. MEV Exploitation: A Maximal Extractable Value (MEV) bot reportedly extracted nearly $10 million from the transaction via a "sandwich attack".  Differing Perspectives Aave and CoW Swap released conflicting analysis reports regarding the failure:  Aave Labs: Maintains the user was shown multiple clear warnings—including one stating the trade "may result in a 100% loss of value"—and had to manually confirm a checkbox on a mobile device to proceed. CoW Swap: Pointed to potential infrastructure issues, such as outdated gas limits and failures in their "solver" auction system, suggesting that a simple checkbox should not have been the only safeguard.  Aave’s Response: "Aave Shield" In direct response to this event, Aave announced the launch of Aave Shield. This new safety feature will:  Automatically block any swap with a price impact exceeding 25% by default. Require users to manually disable the protection if they wish to proceed with high-risk, low-liquidity trades. Aave also stated they collected approximately $110,000 in swap fees from the botched trade and have offered to refund these fees if the user completes a verification process. "Place a trade with us via this post mentioned coin's & do support to reach maximum audience by follow, like, comment, share, repost, more such informative content ahead" #AaveSwapIncident #swap #incident #aEthUSDT #aEthAAVE $AAVE {spot}(AAVEUSDT) {future}(AAVEUSDT)

Aave swap incident

On March 12, 2026, a user lost approximately $50.4 million in a single transaction while attempting to swap stablecoins for AAVE tokens through the Aave interface. The incident is being called one of the largest execution failures in DeFi history. 

Key Details of the Incident
The Trade: A user attempted to swap roughly 50.4 million aEthUSDT for aEthAAVE.
The Loss: Due to extreme price impact and low liquidity, the user received only about 327 aEthAAVE, worth approximately $36,000.
The Cause: Aave's post-mortem stated the root cause was insufficient market liquidity for such a massive trade, rather than a protocol bug or slippage in the traditional sense. The trade was routed through the third-party protocol CoW Swap.
MEV Exploitation: A Maximal Extractable Value (MEV) bot reportedly extracted nearly $10 million from the transaction via a "sandwich attack". 

Differing Perspectives
Aave and CoW Swap released conflicting analysis reports regarding the failure: 
Aave Labs: Maintains the user was shown multiple clear warnings—including one stating the trade "may result in a 100% loss of value"—and had to manually confirm a checkbox on a mobile device to proceed.
CoW Swap: Pointed to potential infrastructure issues, such as outdated gas limits and failures in their "solver" auction system, suggesting that a simple checkbox should not have been the only safeguard. 

Aave’s Response: "Aave Shield"
In direct response to this event, Aave announced the launch of Aave Shield. This new safety feature will: 
Automatically block any swap with a price impact exceeding 25% by default.
Require users to manually disable the protection if they wish to proceed with high-risk, low-liquidity trades.

Aave also stated they collected approximately $110,000 in swap fees from the botched trade and have offered to refund these fees if the user completes a verification process.

"Place a trade with us via this post mentioned coin's & do support to reach maximum audience by follow, like, comment, share, repost, more such informative content ahead"

#AaveSwapIncident #swap #incident #aEthUSDT #aEthAAVE $AAVE
Four wounded, suspect shot in Manchester synagogue attack Four people were injured and a suspected knifeman shot by police Thursday after a car ramming and stabbing incident outside a synagogue in Manchester, officials said. Greater Manchester Police declared a “major incident” shortly after 9:30am (0830 GMT) after officers were called to the Heaton Park Hebrew Congregation Synagogue in the Crumpsall neighbourhood of the northwestern city. #manchesterunited #police #UK #incident
Four wounded, suspect shot in Manchester synagogue attack

Four people were injured and a suspected knifeman shot by police Thursday after a car ramming and stabbing incident outside a synagogue in Manchester, officials said.
Greater Manchester Police declared a “major incident” shortly after 9:30am (0830 GMT) after officers were called to the Heaton Park Hebrew Congregation Synagogue in the Crumpsall neighbourhood of the northwestern city.
#manchesterunited #police #UK #incident
Login to explore more contents
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number