Aave 发布事件分析:用户因流动性不足损失 5000 万美元,协议本身未受影响

AAVE2,64%

Gate News 消息,3 月 15 日,Aave 发布关于「买入 AAVE 损失 5000 万美元」事件的事后分析报告。3 月 12 日,某用户通过集成在 Aave 界面上的 CoW Swap 路由器执行代币兑换操作,试图将 50,432,688 aEthUSDT(价值约 5043.27 万美元)兑换为 aEthAAVE。由于用户订单在流动性不足的市场中异常庞大,CoW Swap 的报价极差,而用户确认接受了该报价。

Aave 强调,协议本身从未处于风险之中,因为此次兑换发生在协议之外,通过第三方 Swap 协议进行。当前,相关用户尚未联系 Aave 团队。

报告指出,此次事件的关键在于市场流动性不足,而非滑点。流动性不足指市场中在特定价格上无法提供足够资产满足大额订单,导致价格严重偏离。用户订单远大于市场可用流动性,CoW Swap 报价已比预期市场清算价低 99.9%,不利结果源于用户确认报价,而非执行过程中价格变化。

为防止类似事件,Aave 将在 Swap 小组件中推出 Aave Shield,默认阻止价格冲击超过 25% 的兑换。

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