WETH/Azul Pool on Base Drops to $3 From $55,033 Peak
A specific liquidity pool for the WETH/Azul pair on the Base network has experienced a total loss of its initial capital. The event began on June 11, 2026, leaving the pool with a health score of 20 and only $3 in remaining liquidity.
A specific liquidity pool for the WETH/Azul pair on the Base network has effectively dried up, falling from a $55,033 high to just $3 in remaining value. This event marks the complete removal of real liquidity from the contract, leaving the pair in a non-functional state for standard trading.
The Event Details
The decline was detected on-chain at 12:17:43 UTC on June 11, 2026. At that moment, the pool held a health score of 20, indicating severe distress. The funds were removed by the deployer wallet 0x950a0dfb053a4a3471dc72d8ea71f116985430af, which controls the contract 0x5d991f8ba77c229ad8ca10a06c7ad4ba0a2d7133. While on-chain risk flags currently show as ok, the structural integrity of the pool has been compromised.
Understanding the Drawdown
The drop represents a 100% reduction from the peak. In plain terms, this means the entire pool was drained, leaving only a negligible fraction of the original capital behind. For a reader, this signifies that any attempt to swap tokens through this specific contract will likely fail or result in a loss of value, as the liquidity required to facilitate trades no longer exists.
What to Watch
Investors should monitor the deployer wallet to see if similar actions occur elsewhere. The current status is dead, meaning the pool is no longer viable for providing liquidity or earning yields. The contract address 0x5d991f8ba77c229ad8ca10a06c7ad4ba0a2d7133 should be avoided for any new transactions until the situation is clarified.
- Pool health score is critically low at 20.
- Remaining liquidity is $3, down from $55,033.
- Event occurred on the Base chain.