ChainCatcher reports that CoW DAO responded to the incident where a whale lost approximately $50.39 million in a single transaction due to excessive slippage when exchanging aEthAAVE, stating, "No DEX, DEX aggregator, public liquidity pool, or private liquidity pool (or a combination thereof) could have completed this transaction at a near-fair price. Preventing users from trading deprives them of choice, which can have extremely negative consequences in certain situations, such as market crashes.
This type of transaction demonstrates that the DeFi user experience still falls short of the level required to protect all users. The team is currently researching how to strike a balance between strong security and maintaining user autonomy. We will also refund any fees paid to CoW DAO due to this transaction."
ChainCatcher previously reported that a user lost approximately $50 million in a single transaction due to slippage, with the Aave founder stating that the interface had issued multiple warnings.