Dear MetaMask Team,
I am writing regarding a MetaMask Swap transaction I executed in February 2021 that resulted in a significant and unexpected financial loss, due to the absence of clear price impact warnings in the user interface at that time.
Transaction details:
Tx Hash: 0x203e7038e5d05dc25a79a5ea5fd49ca4916fa12cf3032f04bb199e46e9af14cf
Network: Ethereum Mainnet
Date: Feb 19, 2021
Swap: USDC → BNB
Amount spent: ~11,455 USDC
Amount received: ~4.59 BNB
At the time of execution, BNB was trading around $250–300, meaning this amount should have cost approximately $1,100–1,300. Instead, the swap executed at nearly ten times the prevailing market price.
The Core Concern:
The core concern is not market volatility, but the lack of disclosure. During the swap flow, to my knowledge:
No warning was shown regarding extreme price impact.
No indication was given that the route involved very low-liquidity pools.
The transaction appeared as a normal MetaMask Swap in the UI.
At that time, MetaMask Swap positioned itself as a safer alternative to manual DEX routing, and I relied on it to either find reasonable execution or clearly warn me of a bad trade. If a warning such as “High Price Impact” had been shown, I would not have proceeded.
I understand that the transaction was signed by me and that blockchain transactions are irreversible, and I am not requesting an on-chain reversal. However, this loss was caused by insufficient UI disclosure rather than an informed risk decision.
My Request:
I am asking that this case be reviewed internally by a senior support specialist. I would appreciate your assessment of whether the user protections and disclosures at that time were adequate. If any goodwill consideration is possible given the magnitude of the loss, I would be grateful to discuss it.
Thank you for your time and attention.
Sincerely,