0xResearch PUMPFUN, ACX & AAVE | Livestream
Mar 13, 2026
They break down a $50M Aave swap gone wrong with extreme slippage and debate whether this was user error or a front-end failure. They explore Pump.fun’s signs of multichain expansion and the economics behind launchpads. They unpack ACX’s proposal to convert tokens into corporate equity and the implications for partnerships and buyouts.
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Massive Aave Swap Exposed Liquidity And UX Risks
- Large on-chain swaps can catastrophically fail when user expectation ignores liquidity limits.
- Danny and Daniel discussed Garrett's $50M USDT→AAVE mobile swap that returned ~324 AAVE due to extreme slippage and poor product UX warnings.
Don't Ape $50M Swaps On Mobile Use OTC Or Aggregators
- Avoid executing very large token swaps on a front end or mobile without splitting orders or using OTC and aggregators.
- Danny recommended using aggregators/solvers and checking liquidity instead of spam-clicking through small mobile warnings.
Front End Warnings Change Who Loses Money
- Front-end design choices materially change user outcomes when warnings are subtle.
- Daniel contrasted Aave's small corner warning with DeFi Llama's large slippage prompts and argued the Aave swap product was rushed and revenue-driven.