When Your $DOGSHIT Swap Gets a Bonus You Didn't Want: A Self-Sabotage Saga

A recent memecoin maneuver involving Dogeshit ($DOGSHIT) and $USDT on OKX caused the usual Twitter rumor mill to spin up. The platform's CEO, Star Xu, has now dropped the official post-mortem, swatting away whispers of an MEV ambush and confirming the trade went through without a security hiccup.

Xu laid out the investigator's report: The user was trying to swap DOGESHIT for $USDT, punching in a request for a stack worth over 3,500 USDT. The interface showed a price of 1,838.43 USDT (with a 0.015% slippage setting), but the blockchain receipt showed a final tally of 1,915.03 USDT—a surprising twist.

A peek at the on-chain ledger confirms there was no sandwich attack. In fact, the user bagged about 70 USDT more than the initial quote suggested. So why did a swap aiming for ~3,500 USDT only yield ~1,900 USDT? The plot, as they say, thickened.

The OKX squad pinpointed the culprit: the user had gone full degen chef and manually filtered out liquidity sources in their quote request. They excluded up to 45 different protocols, leaving only Uniswap V4 in the kitchen. This created a liquidity desert, leading to a quote that was about as efficient as trying to buy a yacht with pocket lint.

The system flashed a high price influence warning—the crypto equivalent of a "Bridge Out" sign—and displayed the 1,838.43 USDT quote, clearly noting the massive USD value difference pre- and post-swap. According to the report, the user saw this red flag and decided to charge ahead anyway, a true "send it" moment.

The final on-chain settlement of 1,915.03 USDT actually beat the initial page quote, a small victory in a self-inflicted rout. The conclusion is clear: this wasn't an MEV heist or a platform glitch, but a classic case of a user manually turning off the liquidity taps and then wondering why the well ran dry.