One turned $2.03 million into $0.05 and the other one turned $1.5 into $2.03 million
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Someone got rekt hard due this USDC panic. Kyberswap helped a user to swap $2.03M for $0.05. In the midst of the depeg panic, a user used Kyberswap to swap a $2.03M stake in the protocol's 3pool curve pool (representing a stake in USDC/USDT/DAI) for 0.05 USDT. Instead of channeling and swapping through Curve, Kyberswap channeled Uniswap v2 to the pool, where there was only a few $ liquidity against 3pool CRV LP tokens, which led to a monstrous deal: $2.03M -> $0.05 USDT. And look at this happy mev bot owner. Out of 1.5 bucks I got 2 million in the opposite direction: https://etherscan.io/tx/0x8a6be1e4db4375c1a1c9d1e5c5fcaa5c255b2d24f5da3de05f3b25d7c3508021 submitted by /u/Roy1984 |
