cow-protocol

1 article
sort: new top best
clear filter
0 3/10

A crypto trader lost $50 million in a single token swap transaction on Aave through CoW Protocol due to extreme slippage (99%+) when attempting to trade a massive order against shallow liquidity pools. Arbitrage bots and block builders captured ~$43 million in profit from the price dislocation, with the user having explicitly confirmed slippage warnings on their mobile device.

Aave CoW Protocol Stani Kulechov BlockSec aEthUSDT aEthAAVE USDT Ethereum
coindesk.com · scrlk · 1 day ago · details · hn