Aave founder Stani Kulechov said the team will try to contact the user and return about $600,000 in fees after the transaction was executed through the Aave interface.
Aave said it is trying to reach a user who attempted to buy AAVE with 50 million USDT through the Aave interface and received only 324 AAVE. Aave founder Stani Kulechov said the team plans to refund about $600,000 in fees and is considering additional safeguards. The incident highlights slippage (price movement during execution) and liquidity constraints in large onchain trades, where oversized orders can execute at highly unfavorable prices if routing or protections are insufficient.