A DeFi operation ended with a huge loss.

A trader tried to exchange approximately $50 million for $AAVE at $USDT , but the operation was executed with extreme slippage and much of the liquidity was captured by MEV bots.

The result: they received barely a fraction of the expected value.

Cases like this remind us that, even in large transactions, execution in DeFi can be ruthless.

Should the industry prioritize improving execution before continuing to launch new protocols?

Source: FintechWeekly