MEV bot makes $10M in $50M crypto swap gone wrong
Aave founder Stani Kulechov says a user confirmed a warning to proceed with the swap, despite “extraordinary slippage,” while a MEV bot also attacked the large transaction.
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Aave founder Stani Kulechov says a user confirmed a warning to proceed with the swap, despite “extraordinary slippage,” while a MEV bot also attacked the large transaction.
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A $50 million USDT trade executed through Aave’s interface returned just 324 AAVE tokens after a user went ahead despite a high-slippage warning.
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Aave founder Stani Kulechov said the interface displayed multiple slippage warnings, which the user manually accepted on a mobile device.
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CoW Swap said the "transaction executed according to the parameters of the signed order" and that "clear price impact warnings" were given.