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Cotton Fails to Hold onto Gain on Wednesday

Cotton futures slipped into the Wednesday close, as contracts were down 7 to 12 points in the front months. Crude oil futures were up $1.26 per barrel on the day at $64.47. The US dollar index was up $0.214 to $97.515. Tuesday’s online auction from The Seam showed sales of...

Cotton Fails to Hold onto Gain on Wednesday 2026/02/05 10:42

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Aave to launch 'Aave Shield' after $50M token swap mishap

Aave to launch 'Aave Shield' after $50M token swap mishap

In a post-mortem of the incident, Aave clarified it was not slippage, but an illiquid market that caused the trader to lose over $50 million while swapping USDT for AAVE.

Decentralized finance protocol Aave said it is introducing a new feature to block swaps with a price impact above 25% after a user lost $50 million in a trade while interacting with Aave’s interface last week. 

“We are soon deploying a new feature, Aave Shield, which provides more protections for users who use the swap feature in the Aave interface aave.com,” Aave said in a post-mortem statement on Saturday.

Aave said users would need to manually disable the Aave Shield protection feature to proceed with high-risk trades.

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Aave to launch 'Aave Shield' after $50M token swap mishap 2026/03/15 21:00

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