#902 - Trader Loses $50m In AAVE Swap
A trader using the swap interface on the Aave front-end suffered a $50 million loss after accepting a swap with 99% slippage.
$50m loss in Aave trade.
Hegota EL Headliner undecided.
BlackRock’s ETHB goes live.
ZisK v0.16 release.
[
Listen to this episode from Ethereum News on Spotify. A trader loses $50 million in slippage while using the swap widget in the Aave frontend. Ethereum client teams remain split on the Hegota EL Headliner. And BlackRock's Staked Ethereum ETF goes live. Read more: https://ethdaily.io/902 Are you running a treasury?
](https://open.spotify.com/episode/3cR3Y1tIMLrYRHK4btrZ6Y)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
A trader using the swap interface on the Aave front-end suffered a $50 million loss after accepting a swap with 99% slippage. The trader sent $50.43 million in USDT through the Aave swap widget powered by CoW Swap and received 327 AAVE tokens, worth just $36,000. The transaction was routed through two low-liquidity pools. Aave founder Stani Kulechov confirmed that the Aave interface had displayed an extraordinary slippage warning before the trade was submitted by the user on a mobile device. He also said that Aave Labs would return the $600,000 in fees collected from the transaction. CoW Swap stated there’s no indication of a protocol exploit. Although it’s unclear why the CoW Swap solver didn’t use the optimal swap route. According to Arkham analyst Emmett Gallic, an MEV bot paid block builder Titan Builder 16,927 ETH, worth $34.8 million, as a bundle priority fee for transaction inclusion, while the MEV bot operator kept about $10 million. The DEX aggregator LlamaSwap protects users from extreme slippage by automatically disabling the trade button when such a swap would execute. A prior version of Aave’s swap widget also included a slippage hard limit.
Ethereum core developers have rejected both the SSZ execution blocks (EIP-7807) and the LUCID Encrypted Mempool as execution layer headliners for the Hegota upgrade, the next network fork following Glamsterdam. LUCID can be considered for the I-Star fork, slated for 2027. Client teams were unable to reach consensus on Frame Transactions (EIP-8141), an account abstraction proposal that introduces a new transaction type enabling features like social recovery and native gas sponsorship. Support for making Frame Transactions the headliner came from Vitalik Buterin, the Geth team, and Erigon. The Besu and Reth teams favored proceeding with no execution layer headliner, while the Nethermind team remained split on the issue. The headliner decision has been delayed, to be revisited in future calls.
BlackRock’s iShares Staked Ethereum Trust ETF, known under the ticker ETHB on Nasdaq, is now live as one of the first U.S. spot Ethereum ETFs that incorporates staking. ETHB brings higher returns for shareholders while contributing to the economic security of the Ethereum network. Early trading for ETHB showed volumes around $15 million. The launch follows the successful iShares Ethereum Trust ETF (ETHA), which began trading in July 2024 and currently holds over 3.1 million ETH.
ACDE #232 highlights | minutes
Lighthouse v8.1.2 release
ZisK v0.16 release
Base App changes
STRK20s Technical Paper
Yearn introduces yvUSD
Etherscan address poisoning
Grvt announces GRVT token
Lido new earn vaults
CFTC on prediction markets
Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
#901 - ENS Launches On.eth Chain Registry
A canonical onchain registry that provides chains with a resolvable identity, enabling human-readable cross-chain names.
ENS on.eth chain registry.
Across proposes a token buyout.
Mastercard Crypto Partner Program.
MetaMask integrates Uniswap router.
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Listen to this episode from Ethereum News on Spotify. ENS launches the on.eth chain registry. Across proposes a token buyout. Mastercard launches a Crypto Partner Program. And MetaMask integrates the Uniswap Router. Read more: https://ethdaily.io/901 Borrow against ETH at the lowest fixed rates in DeFi.
](https://open.spotify.com/episode/72UHI4590u794W9isvLRFW)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
ENS launched on.eth, a canonical onchain registry that provides chains with a resolvable identity within the ENS namespace. Each chain is assigned a subdomain, such as base.on.eth, that resolves verifiable metadata including chain IDs, interoperable addresses, and CAIP-2 identifiers. The solution replaces the current offchain mappings maintained by wallets and apps. The implementation leverages ERC-7828, Wonderland's Interop SDK, and ERC-7930 addresses to bring human-readable cross-chain names in the format domain.eth@chain. The ENS DAO retains ownership of the namespace, with chain operators managing their own records. Ethereum apps and wallets can visit interopaddress.com to support chain-aware addressing.
Across Protocol, a cross-chain bridge built on an intent-based architecture, published a temperature check proposal seeking to dissolve its DAO and transition to a newly formed U.S. C-corporation, AcrossCo. The proposal would allow ACX token holders to either exchange their tokens for equity in AcrossCo at a 1:1 ratio or sell them for USDC at $0.04375 per token. Risk Labs, the team behind the protocol, said the change aims to address institutional friction, arguing that the DAO and token structure have limited its ability to secure enterprise partnerships and enter enforceable contracts. The ACX token surged roughly 81% following the announcement.
Mastercard launched a Crypto Partner Program consisting of more than 85 firms, including Binance, Circle, Optimism, PayPal, and Paxos, to connect stablecoin payments with its global commerce network. The program focuses on cross-border transfers, B2B payments, and stablecoin settlement using centralized stablecoins USDC, PYUSD, and USDG. The program gives crypto-native companies access to Mastercard's fiat distribution infrastructure.
MetaMask integrated Uniswap as its primary swap provider, routing trades directly through Uniswap v2, v3, v4, and UniswapX across more than 16 chains. The integration gives users access to Uniswap liquidity without having to leave the wallet or rely on other aggregators. MetaMask joins OKX, Fireblocks, and Ledger as partners building on the Uniswap routing layer.
Zyfai agents yield stack
Vitalik on deep funding
x402 Facilitator on Polygon
Lido Q4 2025 metrics
Increasing max contract size
How Worldcoin scaled
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
#900 - Native Rollup Proof Of Concept
The PoC demonstrates a full native rollup (EIP-8079) on Ethereum using the Ethrex execution client.
PoC for native rollups.
Aave CAPO oracle misconfiguration.
Starknet introduces STRK20.
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Listen to this episode from Ethereum News on Spotify. Researchers launch a proof of concept for native rollups. Aave suffers a CAPO oracle misconfiguration. And Starknet introduces STRK20 for private tokens. Read more: https://ethdaily.io/900 Earn 10% real yield on your dollars, fully onchain. Hold $BOLD, the only decentralized stablecoin rated A- by stablecoin agency, Bluechip.
](https://open.spotify.com/episode/0ah0LOTgeqaBIAZ974V69l)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
Ethereum researchers launched a proof-of-concept for native rollups (EIP-8079), demonstrating a full native rollup on Ethereum using the Ethrex execution client. The demo showcases L2 blocks settling on L1 via the EXECUTE precompile, L1-to-L2 deposits, contract deployment and cross-layer calls, and L2-to-L1 withdrawals. EIP-8079 exposes Ethereum’s state transition function (STF) through a new EXECUTE precompile, enabling “native rollups” that inherit Ethereum’s correctness directly without relying on separate zk-proofs or fraud proofs. The proof-of-concept successfully demonstrates the feasibility of native rollups using the EXECUTE precompile.
Aave suffered a misconfiguration in its CAPO risk oracle, triggering $21 million in wstETH E-Mode liquidations across 34 accounts. An incorrect CAPO oracle update on Aave v3 caused the protocol to use an exchange rate about 3% below the market rate, which pushed several leveraged positions into liquidation. The Correlated Asset Price Oracle (CAPO) is a system designed to safely price correlated assets. It protects lending markets from oracle manipulation attacks. According to Chaos Labs, the incident was caused by smart-contract update constraints that limited the snapshot ratio to 3% increases every three days. The Aave DAO expects to pay out 345 ETH to compensate affected users.
Starknet, a validity rollup powered by STARK proofs, introduced STRK20, a new token standard that brings privacy capabilities to any ERC-20 on the network. It enables tokens to support confidential balances and private transfers through protocol-level privacy. Users can freely switch between private and public states, and when privacy is enabled, balances, transaction history, and recipient details remain hidden. Users can also selectively disclose information to regulators, auditors, or accountants through viewer keys.
Snap v2 for Ethereum sync
MaxEB usage chart
AgentCash is live
Willy joins Venice
Steakhouse adds cbBTC Carry
Dama DNS x ENS domains
ETHSF Agentic Day
Davide Crapis on Edge Pod
Aave vs Lido yield gap
EtherFi Q1 2026 report
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.