Aave DAO Approves V4 Mainnet Plan
Aave founder Stani Kulechov announced that the Aave DAO has nearly unanimously supported a proposal to move forward with a binding on-chain vote for V4’s deployment on Ethereum. #Update #DeFi $AAVE
Aave
Aave Liquidations Triggered by 2.85% Price Error
A temporary 2.85% pricing error in wstETH collateral led to $27 million in liquidations on @Aave, highlighting vulnerabilities in DeFi systems due to misconfigured price oracles. #Update #DeFi $AAVE
Aave Launches $50M Shield After Mishap
Aave plans to launch ‘Aave Shield’ following a $50 million loss incurred by a trader during a token swap due to an illiquid market, not slippage. #Update #Crypto $AAVE
Ethereum Bots Steal 99.9% in One Swap
A crypto trader lost over $50 million in Aave-wrapped USDT after a large order executed with high slippage warnings, drawing attention to DeFi user protections. #Update #Crypto $AAVE
AAVE Token Swap Loses Whale $50M
A major crypto player lost $50 million while swapping USDT for AAVE tokens, receiving only $36,000 due to extreme slippage; CoW Swap confirmed no hacking involved. #Breaking #Crypto $AAVE (-8) ↘
Aave Trade Losses Hit $50M Refund Offered
A trader lost nearly $50M swapping USDT for AAVE due to price impact, receiving only 324 tokens. Aave will refund $600K in fees. #Breaking #Crypto $AAVE
Bitcoin Investor Loses $50 Million to $36K
A crypto user lost approximately $50 million in a transaction due to over 99% slippage while swapping $50.4M aEthUSDT for aEthAAVE on the Aave protocol, receiving only $36,000 worth of tokens. @StaniKulechov plans to refund $600,000 in fees. #Breaking #Crypto $AAVE (-8) ↘
Aave Faces $27M Liquidation Glitch
Aave’s configuration error led to the liquidation of $27 million in wrapped staked Ether (wstETH) positions; the protocol will compensate affected users. #Update #Crypto $AAVE
Aave Sees $27 Million Liquidations After Glitch
$27 million was liquidated on @Aave in 24 hours due to a pricing issue with wstETH, triggered by a configuration error in its CAPO risk oracle; no bad debt incurred. #Update #DeFi $AAVE
Ethereum Surges as Aave Users Hit Record
Aave’s monthly active users hit a record 155,000 in February, driven by ETH supply rates and basis trade collapse; Aave Chan Initiative shuts down over governance issues. #Update #DeFi $AAVE
Bitcoin Recovers Amid Deepening Aave Rift
Bitcoin rebounds this week as stablecoin inflows increase, while DeFi faces challenges from @Aave governance disputes and security measures impacting exchanges. #Update #Crypto $BTC
Aave DAO Faces Governance Clash Funding Exit
Aave Chan Initiative will exit Aave DAO after a governance clash over a $42.5 million funding package, following a 52.58% Snapshot vote; next step is ARFC stage. #Update #Crypto $AAVE
Aave Proposal Gains 52.6% Support Approval
Aave’s “Aave Will Win” framework passed its Temp Check vote with 52.58% support, moving to the ARFC stage for potential revisions before a binding vote. Governance tensions remain evident. #Update #DeFi $AAVE
Aave Integration Boosts Yield on Perp Collateral
@Grvt integrates the Aave lending protocol, allowing traders to earn yield on margin collateral while maintaining open derivatives positions, enhancing capital efficiency in DeFi. #Update #Crypto $USDT