aave

According to on-chain data analyst Yu Jin's monitoring, a whale that was long on BTC through a circular loan has liquidated its position, realizing a loss of 14.02 million dollars.It is reported that this address has leveraged longed 742.8 WBTC over the past year by using WBTC as collateral to borrow USDC and continue buying WBTC. The average cost price was about 89,137 dollars. An hour ago, he liquidated 742.8 WBTC through FalconX at a price of 70,266 dollars, retrieving 29.75 million USDC to pay off his loan on Aave.

Binance leverage will add full margin trading pairs AAVE/U, TAO/U, UNI/U, WLFI/U on March 17, 2026, at 18:00. Users are advised to pay attention to the volatility of the newly listed trading pairs and adopt corresponding risk management strategies.

Binance will launch the AAVE/U, TAO/U, UNI/U, and WLFI/U spot trading pairs on March 17, 2026, at 16:00, and will open trading bot services for these trading pairs.During the event, eligible users can enjoy zero Maker fees for AAVE/U, TAO/U, UNI/U, and WLFI/U spot and margin trading pairs. The event will last until further notice.

According to Onchain Lens monitoring, a certain whale withdrew 1,140 BNB (approximately $770,800), 12,883 AAVE (approximately $1,530,000), 545 ETH (approximately $1,230,000), and 62,898 LINK (approximately $604,600) from Binance.Currently, this whale holds: 23,683 AAVE (approximately $2,820,000), 1,005 ETH (approximately $226,000), 51,190 HYPE (approximately $201,000), 2,090 BNB (approximately $201,000), and 115,889 LINK (approximately $1,110,000).

According to market news, a wallet that received 7,447 ETH (16.29 million USD) from Tornado Cash, "0x7a7," is suspected to be the mastermind behind the CAKE/THE liquidation cascade event on Venus Protocol.The attacker deposited this ETH as collateral into Aave, borrowing 9.92 million USD in stablecoins; subsequently, they hoarded THE tokens and allegedly inflated their price on centralized exchanges; then deposited 36.1 million THE into Venus and borrowed assets such as BTC, BNB, and CAKE; about 40 minutes later, the price of THE plummeted, triggering a chain liquidation. Ultimately, Venus Protocol incurred 2.15 million USD in bad debt (with 1.18 million CAKE and 1.84 million THE still outstanding); the attacker extracted approximately 5.07 million USD in assets from this. Their actual profit may have come from short positions opened on centralized exchanges during the price crash.

Aave released a user event report on the loss from exchanging aEthAAVE. A user attempted to exchange approximately $50.43 million worth of aEthUSDT for aEthAAVE through the CoW Swap router integrated into the Aave interface. Due to the user's order size far exceeding the market's available liquidity, the CoW Swap quote showed a price impact of up to 99.9%. The interface displayed a strong warning and required the user to check the "Confirm potential loss of 100% value" checkbox. After manually confirming on a mobile device, the user still proceeded with the transaction and ultimately received only about 327 aEthAAVE (worth approximately $36,000).The Aave protocol itself was not affected; the loss occurred at the third-party protocol level. This transaction incurred about $110,000 in fees, which Aave stated would be refunded after the user completes identity verification. In response to this incident, Aave announced the upcoming launch of the "Aave Shield" feature, which will by default intercept transactions with a price impact exceeding 25% to prevent users from suffering significant losses due to operational errors.

Aave released an analysis of the Swap event: a user executed a token exchange operation through the CoW Swap router integrated into the Aave interface. The user attempted to exchange 50,432,688 aEthUSDT (worth approximately $5,043,270) for aEthAAVE. Due to the user's order being exceptionally large in a market with insufficient liquidity, the quotes from CoW Swap were extremely poor, and the user confirmed acceptance of the quote.It should be noted that the Aave protocol itself was never at risk, as this exchange occurred outside the protocol, through the aforementioned third-party Swap protocol. Currently, the relevant user has not contacted the Aave team. The key issue in this event was insufficient market liquidity, rather than slippage.Insufficient liquidity refers to the inability of the market to provide enough assets at a specific price to meet large orders, resulting in severe price deviations. The user's order was far larger than the available market liquidity, and the CoW Swap quote was 99.9% lower than the expected market clearing price; the adverse outcome stemmed from the user's confirmation of the quote, rather than price changes during execution.The root cause of this event was the routing of large trades in a market with insufficient liquidity, leading to extreme price shocks. The user executed the trade after confirming a clear warning on the interface. To prevent similar events, Aave Shield will be introduced in the Swap widget: it will default to blocking exchanges with price shocks exceeding 25%, and users will need to manually disable this feature to execute high-risk trades. The transaction incurred approximately $110,368 in fees, which will be refunded after user verification.

Aave released a recap of the Swap event stating that a user exchanged approximately $50.43 million aEth USDT for about $36,000 aEth AAVE through the CoW Swap route on the Aave front end, with a price impact of about 99.9%.Aave indicated that the transaction occurred within a third-party Swap protocol, and the core lending protocol was unaffected. The cause of the event was the user executing a large order in a market with extremely low liquidity and confirming a high-risk quote. Aave stated that it will launch the Aave Shield feature, which will by default block Swaps with a price impact exceeding 25%.

According to Lookonchain monitoring, a whale "0xFF5D" withdrew 10,008 AAVE from Aave and then deposited it into Binance, worth 1.15 million dollars.

Aave founder Stani.eth announced on the X platform that Aave has released the Aave V4 Ethereum mainnet activation governance proposal. Aave V4 will introduce a modular architecture, where the liquidity center Liquidity Hubs holds shared liquidity, while Spokes define independent lending environments with governance restrictions. This version is also expected to launch a topology, promotion paths, implementation and control models, as well as an initial asset range for risk parameterization. Once the community reaches a consensus on this proposal, a Snapshot will be submitted for voting.

According to crypto analyst Yu Jin @EmberCN, the investment firm Blockchain Capital has transferred all of its 216,000 AAVE to Coinbase Prime, worth approximately $24.8 million.The firm had accumulated about 233,000 AAVE from October 2020 to March 2023, with an average price of around $94, and has long been one of the major institutional holders of AAVE. Previously, near the price peak of AAVE in December 2024, Blockchain Capital sold 16,900 AAVE through FalconX, worth about $5.04 million. After this transfer, its early holdings have basically been fully exited.

According to Arkham data, at 01:25, 216,300 AAVE (worth approximately $24,799,900) was transferred from Blockchain Capital to an anonymous address (starting with 0x5329...). Subsequently, the address transferred all AAVE to Coinbase Prime.

Ethereum block builder Titan Builder earned $34.5 million in the past 24 hours, surpassing Tether ($16.43 million) to take the top spot.Earlier reports indicated that a user, while exchanging approximately $50.43 million aEthUSDT for AAVE via CoWSwap, ended up receiving only about 327 aEthAAVE, worth approximately $36,000, due to slippage exceeding 99%. Titan Builder made a profit of about $34 million.

CoW DAO responded to the incident where "a certain whale lost approximately 50.39 million dollars due to excessive slippage when exchanging aEthAAVE," stating that "no DEX, DEX aggregator, public liquidity pool, or private liquidity pool (or their combination) can execute this transaction at a price close to a reasonable level. However, preventing users from trading would deprive them of their choices and could lead to extremely poor outcomes in certain situations (such as market crashes).Such transactions indicate that the DeFi user experience has not yet reached the level necessary to protect all users. The team is currently exploring how to balance strong security measures with maintaining user autonomy. We will also refund any fees paid to CoW DAO due to this transaction."According to previous news from ChainCatcher, a user lost approximately 50 million dollars in a single transaction due to slippage, and the founder of Aave stated that the interface had issued multiple warnings.

According to on-chain analyst Yu Jin's monitoring, a suspected Trend Research wallet borrowed ETH through Aave and then transferred it to Binance, short-selling 27,000 ETH (57.11 million USD).This address withdrew 303 million USDC from Binance on February 11, just a few days after Trend Research transferred all ETH to Binance in February. A week ago, this address transferred 150 million USDC to Binance, with one transaction using a known Binance deposit address of Trend Research. This address is now collateralizing 100 million USDC on Aave and has borrowed 27,000 ETH, which has already been transferred to Binance.

A crypto user lost approximately $50 million in a token swap transaction on Thursday. On-chain data shows that the user exchanged about $50.43 million worth of aEthUSDT for aEthAAVE through the CoW Protocol, but due to insufficient liquidity pool depth, the transaction experienced a slippage of over 99%, ultimately resulting in the user receiving only about 327 aEthAAVE, worth approximately $36,000, with the difference being captured by arbitrage traders and network intermediaries.Aave founder Stani Kulechov posted on the X platform that the user purchased AAVE using $50 million USDT through the Aave interface. Due to the unusually large size of the single order, the interface issued an extreme slippage warning to the user and required confirmation. After accepting the warning on a mobile device, the user proceeded with the transaction.Kulechov stated that the CoW Swap router operated as expected and followed industry-standard operating procedures, but the outcome was clearly not ideal. Kulechov mentioned that Aave plans to contact the user and refund approximately $600,000 in fees charged from the transaction. Days before this incident, about $27 million in positions on Aave were liquidated, and some market participants believe that this liquidation may be related to a temporary pricing issue with wstETH.

According to Arkham data, at 06:44, 19,728.25 AAVE (worth approximately 2.19 million USD) was transferred from one anonymous address (starting with 0xAe75...) to another anonymous address (starting with 0xD283...).

Lido announced that Aave's CAPO oracle misquoted yesterday, leading to incorrect price boundaries for wstETH:USD in the AAVE market, which triggered liquidation events. There was no bad debt, and all affected users will be fully compensated.These erroneous price boundaries are unrelated to wstETH as the underlying asset and do not indicate any issues with the Lido protocol. The Lido Earn products, including stRATEGY and GGV, were not affected by this liquidation, and user funds remain secure.