Coin World reports that a crypto user lost millions of dollars while swapping assets through the Aave protocol, with an MEV bot profiting approximately 9.9 million dollars through front-running. The user ignored extreme slippage warnings on the interface and confirmed the transaction, receiving only 327 AAVE tokens at a cost of 154,000 dollars per token, compared to a market price of just 11,400 dollars. The Aave founder stated they will refund 600,000 dollars in platform fees and pointed out that DeFi needs to establish more user protection measures.

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