Aave publishes user loss report for aEthAAVE exchange and will introduce the Aave Shield feature

AAVE1,4%

Gate News, March 16 — Aave released a report on the “Exchange aEthAAVE Loss User” incident. The report states that the main cause of this event was users routing a large transaction to a market with low liquidity, resulting in extreme price impact. The Swap button remained grayed out and unavailable until users confirmed acceptance of the trading terms (including the risk of losing 100% of the value). Internal audit records confirm that the user enabled cookies on their mobile device and manually acknowledged the strong warning by clicking the checkbox. This specific transaction generated $110,368 in trading fees. If the user contacts the team and completes the verification process, this amount will be temporarily held and refunded. Based on feedback from this incident, the official will introduce a new feature called Aave Shield in the Swap component. By default, Aave Shield will automatically block any trades with a price impact exceeding 25%. To perform high-risk trades, users must manually go to the “Settings” menu and actively disable Aave Shield protection.

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