List of Flash News about slippage settings
Time | Details |
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2025-06-08 06:03 |
OKX DEX MEV Attack Exposes $47,000 Loss: Key Lessons for Crypto Traders
According to Ai 姨 on Twitter, a recent MEV attack on OKX DEX resulted in a confirmed loss of $47,000, not the widely rumored $327,000. The incident was clarified to have occurred due to the victim's use of OKX DEX routing, rather than Binance Wallet, with the larger $327,000 transaction actually initiated by the MEV bot itself. The root cause was the victim setting a 50% slippage, making the transaction highly vulnerable. For crypto traders, this highlights the critical importance of managing slippage settings and understanding DEX routing, especially as MEV activity increases across decentralized exchanges (Source: @ai_9684xtpa, June 8, 2025). |