BitFrog009 比特蛙009 ⚡️

University of Web3 | Master in Degen | Team @BitcoinFrogs | @ribbitsticker | built @btcFrogSalebot

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

Breakdown of What Actually Happened (from public analyses and on-chain data shared on X)

The victim/user swapped ~$50.4M in wrapped USDT (aEthUSDT) for AAVE via the Aave interface → routed through CoW Protocol.

Due to insane slippage (liquidity on the path was nowhere near deep enough), they received only 324–331 AAVE ($36k–$37k at the time).

This created a huge price dislocation across DEX pools (primarily Uniswap/SushiSwap for the relevant pairs).

An MEV searcher/bot immediately spotted it and executed atomic backruns/arbitrage to correct the price:One major backrun involved reversing the direction (e.g., selling AAVE back to ETH/USDT to capture the mispricing).

Additional smaller arbs and related txs also profited.

Where the ~$50M "value" flowed
User received: ~$36k–$37k in AAVE → ~99.9% loss.

CoW Swap solver fee: ~$619k (normal protocol cut).

DEX fees + minor arbs: ~$3–4M scattered.

MEV bot profit: ~$10M–$12.5M net (after paying for inclusion).

Titan Builder received from the bot: 16,927 ETH
($34.8M at the time)

this was the block bid/tip the bot paid to get its bundle included.Titan forwarded 568 ETH ($1.2M) to the actual block proposer (a Lido validator).

Titan kept: ~$33.6M (builder's net take).

Total MEV extracted in that block: ~$44–$45M+ (almost the entire misplaced value, minus small protocol/DEX fees).

Why this shows maximizationIn MEV-Boost/PBS, builders like Titan compete by submitting the highest-bidding block to relays. The bot had to outbid everyone else to include its profitable bundle → it paid the absolute top dollar Titan could demand for that slot.

@titanbuilderxyz didn't leave money on the table they extracted ~73% of the total MEV value created by the mispriced order (builders typically take 60–80% in big MEV events, bots keep the rest after costs).

If the bot had paid less, another searcher could have outbid and taken the arb → so the payment was pushed to the economic maximum the opportunity supported.

[Haseeb ＞|＜ @hosseeb]

Insane story...

Some guy tried to buy $50M of $AAVE on his phone, like 3% of the total supply, tapped through <INSANE SLIPPAGE AHEAD> warnings, ended up with only $40K of AAVE. Block builder made off with ~$40M, Aave refunds $600K of fees.

Net result, AAVE token is down. 💀

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@alex_hunter20 Dm-ed you

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@0domart @privy_io Nice let me know if anything i can support we csn building mpc wallet solution. We can discuss further

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@avonmuehlenen Heading Zurich for crypto valley . Let’s meet face to face ?

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

What happened to @KelpDAO ?

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@ethereumfndn @binji_x We build wallet and portfolio management platform. Can we ?

[RYAN SΞAN ADAMS - rsa.eth 🦄 @RyanSAdams]

Huge!

The SEC just gave DeFi a broker exemption.

Uniswap UI, MetaMask Swap, DEX aggregators DON'T need to register as a broker-dealers.

DeFi apps just can't get paid for order flow, offer investment advice, or touch user funds - all fair.

Exactly the clarity we needed - the right approach.

I remember SBF telling us in 2022 they'd never allow DeFi apps to not be regulated as broker-dealers (and that only he could save us....by selling out DeFi to the U.S. gov).

Wrong again Sam.

And as for this Atkins/Pierce SEC....they just keep being awesome.

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@garrytan That’s right!

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@tetherwallet Isn’t ens solve this problem ?

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@jussy_world @JupGlobal @KASTxyz How about etherfi ?

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@degennQuant @HyperliquidX Invite code please

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@claudeai Joined

[Curve Finance @CurveFinance]

Dear @PancakeSwap. Looks like you copied our code without asking. It is violation of its license. Not only it is illegal: historically it showed to be unwise for those who did it this way in other regards.

In any case. If you want to enjoy using stableswap without legal problems and to borrow some of our expertise to keep users SAFU - you still can contact us for licensing and collaboration.

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@shanaka86 @grok does dubai airport officially closed ?

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@oragnes 我还没开始呢。 不是怎么设置呢？

[Bitcoin Frogs 比特蛙 @BitcoinFrogs]

Merry Christmas to all Bitcoiners! Ribbit 🐸

[比特币橙子Trader @oragnes]

刚看了 Messari十万字年度报告

内容有点儿太干了

官方推荐阅读时长401分钟

也就是6.7个小时

相当于两部阿凡达3了

我干脆做个7分钟小视频

只关注Messari 报告重点的看这个就行

视频解释了2025年市场情绪为啥全面崩溃了

非常值得反复观看

[Galaxy Research @glxyresearch]

26 PREDICTIONS FOR 2026

From Bitcoin to DeFi, Layer 1 and Layer 2 blockchains, Artificial Intelligence, and much more

The Galaxy Research team is back with predictions for the year ahead (and also an assessment of our predictions last year) 👇

[BitFrog009 比特蛙009 ⚡️ @BitFrog009]

@hanajin @Aster_DEX @Leonard_Aster Would like to talk to people from hanora!