A crypto wallet executed a DeFi swap of $50 million in stablecoins and received just $36,000 in AAVE tokens. MEV bots extracted $43 million from a single transaction.
A crypto user lost $50 million in a token swap on Aave after ignoring slippage warnings, while an MEV bot pocketed $10 million by attacking the transaction.
Aave founder Stani Kulechov said the crypto project is attempting to track down the trader and refund approximately $600,000 in fees tied to the trade. ・One block builder extracted about $34 million ...
A hedging transaction involves an investor's strategic position to mitigate the risk of loss by offsetting another investment. Learn more about risk management strategies.