Crypto

Crypto Trader Loses Nearly $50M in Aave Trade, Protocol Offers $600K Fee Refund

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In brief

  • A trader swapping $50 million in USDT for AAVE received only 324 tokens after confirming a slippage warning.
  • At AAVE’s current price of $111.52, the tokens received are worth roughly $36,100.
  • Aave founder Stani Kulechov said the protocol will attempt to return about $600,000 in fees…

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