A DeFi trader lost $50M on Aave after bypassing slippage warnings, receiving only $36K in return. An MEV bot also extracted $10M from the trade.
Historically, the percentage of addresses in profit drops to bitter lows below 10% during the depths of bear markets.
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DeFi trader turns $50M into $36K in seconds on AAVE
A crypto trader ignored all warnings and risks when they swapped $50 million in Tether for AAVE, only to end up with $36,000. In a post on X, Aave founder Stani Kulechov said the trader ignored all ...
A lone crypto trader has suffered a devastating $50 million loss in a single transaction after swapping $50.4 million USDT for just 327 yield-bearing AAVE tokens.
Risk Labs proposes to hand over Across Protocol to a private company. Across Protocol allows users to move crypto between ...
The financial system is evolving faster than at any point in modern history. Blockchain technology has introduced a structural alternative to centralized banking, giving rise to the onchain bank model ...
DEXE surged 17.74% to $4.37, while trading volume climbed 111.72% to $14.63M, signaling rapidly expanding market participation. This sharp rise in activity reflects renewed demand as traders react to ...
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