On March 16th, Aave and CoW Swap each released reports regarding the "high slippage trading loss of $50 million" incident. Aave attributed the problem to insufficient market liquidity, while CoW Swap pointed out outdated gas limits and transactions not being submitted on-chain. The two parties held opposing views, and neither mentioned the approximately $44 million MEV bot-related situation.

CoW DAO responded to the incident where a whale lost $50.39 million while swapping aEthAAVE, stating that the decentralized trading platform was unable to complete the transaction. The team emphasized the importance of user autonomy and choice. They are researching how to balance security with user self-sovereignty and have committed to reimbursing related fees.