Der schlimmste Tausch in der Geschichte der Kryptowährung? Oder wie man bei AAVE Geld verliert

https://frugalbc.beehiiv.com/p/the-worst-swap-in-crypto-history-or-how-to-lose-money-on-aave

2 Kommentare

  1. coinfeeds-bot on

    tldr; A crypto investor made a costly mistake by swapping $50 million of USDT for AAVE on a mobile app, ignoring slippage warnings. The transaction resulted in receiving only $35,000 worth of AAVE and incurring $600,000 in fees, leaving the investor with a loss exceeding $49 million. This incident highlights the importance of understanding slippage and liquidity, especially when trading large sums in decentralized exchanges. Developers are working to recover the fees, but the loss remains significant.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. JustStopppingBye on

    [https://x.com/StaniKulechov/status/2032193345414664659?s=20](https://x.com/StaniKulechov/status/2032193345414664659?s=20)

    >Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox. The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage, which ultimately resulted in receiving only 324 AAVE in return.

    He held the $50M on his phone.

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