#protocol-failure News & Analysis

2 articles tagged with #protocol-failure. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

DeFiBearishBlockonomi · Mar 157/10

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DeFi User Loses $50.4M in One Swap as MEV Bots and Protocol Failures Collide

A DeFi user lost $50.4M in a single swap from aEthUSDT to aEthAAVE after confirming a 99.9% price impact warning on CoW Swap. The transaction was routed through an illiquid SushiSwap pool due to protocol failures, then exploited by MEV bots through a sandwich attack that netted $9.9M profit.

$SUSHI

DeFiBearishProtos · Mar 47/102

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Four months on, MEV Capital falls victim to $4B DeFi daisy chain implosion

MEV Capital has fallen victim to a DeFi daisy chain collapse that occurred four months ago, contributing to a $4 billion decline in the yield vault sector. The incident highlights the interconnected risks and vulnerabilities within DeFi protocols and their cascading effects on market participants.