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Aave to launch 'Aave Shield' after $50M token swap mishap

CoinTelegraphNgu Cointelegraph by Brayden LindreaMatshi 16, 2026 ngo 01:00
Aave to launch 'Aave Shield' after $50M token swap mishap

Aave to launch 'Aave Shield' after $50M token swap mishap

In a post-mortem of the incident, Aave clarified it was not slippage, but an illiquid market that caused the trader to lose over $50 million while swapping USDT for AAVE.

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Funda Okungakumbi (Umthombo: CoinTelegraph)