The Aave token has experienced a 7% gain in the past 24 hours amid a surging crypto market, with the DeFi protocol looking to reassure users following a dramatic trading mishap. AAVE price is up and hovers around $119 after the Aave Labs team released a comprehensive post-mortem, alongside the launch of a new protective feature. But while another leg up above $120 looks likely, geopolitical and macro headwinds continue to dictate sentiment. A surge in open interest in Bitcoin also suggests a potential downside that could permeate altcoins. Aave Labs offers update, new feature The Aave team has offered an official post-mortem after a trader executed a swap of roughly $50.
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