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 AAVE - $118.705

Source: cointelegraph.com

Related symbols: AAVEUSD

2026-03-16 01:12:02 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $118.705

Volume 24h: $548,319,923.70

Market Cap: $1,825,048,954.44

Description

Aave (AAVE) is a cryptocurrency and operates on the Ethereum platform. Aave has a current supply of 16,000,000 with 15,374,599.56286553 in circulation. The last known price of Aave is 112.89187948 USD and is up 1.67 over the last 24 hours. It is currently trading on 1271 active market(s) with $262,752,339.81 traded over the last 24 hours. More information can be found at https://aave.com/.