—————MEV bot strikes $50M swap, wildly earning $10M —————
Do you think this is just regular slippage? No! This time it was actually the precise harvesting of the MEV bot.
⚡ Brief Description of the Event
Aave founder Stani Kulechov personally got involved: Someone ignored the warnings and insisted on a $50M large swap, resulting in the MEV bot seizing the opportunity, earning $10M in just 10 minutes.
Did you think the user didn't understand? They do understand—so they just wanted to take a gamble, but ended up losing.
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📊 Data Analysis
• $50M swap, slippage as high as 20%+ (normally should be <1%)
• MEV bot detected anomalies before the user confirmed
• $10M profit came from: front-running + back-running both
This is not the first time. There’s nothing that can be done; bots will always be faster than humans, and this is a problem at the protocol level, nothing can be done about it.
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⚠️ Risk Warning
1. Do you think you can defend against MEV?
Ah, you really can’t. It’s not that your skills are lacking; it’s that the bots are always a step ahead of you.
2. Do you think small pools are not a problem?
So, low liquidity pools + large swaps = the perfect recipe for uncontrollable slippage. This $50M is a lesson.
3. Do you think ignoring warnings is fine?
No! Stani himself said, "the user confirmed the warning," and what happened? They were still harvested.
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So what?
• Large swaps → break them into multiple smaller transactions
• Use DEX's TWAP or percentile-based execution
• Prioritize high liquidity pools (ETH/USDT 4% pool is the way to go)
• Focus on MEV protection tools (like Flashbots Protect)
There’s no way around it, in the crypto world, "avoid MEV" and "pay gas" are both basic common sense. The dead price won't lie.