CryptoRanks

WETH/POLSIA Pool on Base Collapses to Near Zero

Base Published: 12d ago ·

On-chain data reveals a significant contraction in the WETH/POLSIA liquidity pool on the Base network. The pool has experienced a total drawdown from its highest recorded value, leaving it with negligible liquidity.

On the Base blockchain, a specific liquidity pool dedicated to the trading pair of Wrapped Ether and POLSIA has undergone a drastic change in its financial state. The pool, identified by the address 0x1f3f9c204ae47495e31eb91ba75508274a8c30c9, was initially deployed by the wallet address 0xc1275bb75824365df417ef4ea8dab60dca1b809d. Monitoring of the on-chain activity indicates that the pool reached a peak liquidity value of $56,187. However, recent data shows that the current liquidity standing is merely $3. This represents a drawdown of exactly 100% from the peak, effectively rendering the pool dead for practical trading purposes.

The Collapse Details

The event was first detected on June 6, 2026, at 21:40:29 UTC. At that specific timestamp, the system recorded the transition from a functional liquidity state to a collapsed state. The health score for this pool has been calculated at 20 out of 100, reflecting the severe degradation of its utility. Despite the dramatic loss of value, the on-chain risk flags currently associated with the deployment are marked as ok. This discrepancy between the health score and the risk flag status highlights the complexity of interpreting on-chain metrics for individual pools. The rapid descent from a multi-thousand dollar liquidity position to a three-dollar remainder suggests a sudden removal of assets or a failure in the liquidity provision mechanism.

Current Pool Metrics

Analysis of the specific data points provided for the WETH/POLSIA pair reveals the extent of the contraction. The pool address 0x1f3f9c204ae47495e31eb91ba75508274a8c30c9 serves as the unique identifier for this transaction history. The deployer wallet, 0xc1275bb75824365df417ef4ea8dab60dca1b809d, remains the origin point for the contract. The metrics show a stark contrast between the initial capitalization and the present reality. With a health score of 20, the pool is considered to be in a critical state of underperformance. The 100% drawdown indicates that the liquidity available for traders has been entirely removed or rendered inaccessible, leaving only a nominal amount of $3 in the contract.

Implications for Traders

For participants monitoring the Base ecosystem, this event serves as a case study in the volatility of liquidity pools. The pair WETH/POLSIA was once a viable venue for swapping assets, but the current status suggests it is no longer operational for standard trading. The drop to $3 liquidity means that any attempt to execute a trade would likely result in an inability to fill orders or would incur extreme slippage. The on-chain record confirms the timeline of this event, starting from the initial deployment and culminating in the detection of the collapse. While the risk flags show as ok, the practical health of the pool is compromised. This situation underscores the importance of verifying real-time liquidity levels before engaging with any decentralized finance protocol, particularly those on newer chains like Base where such events can occur rapidly.

  • Pool Address: 0x1f3f9c204ae47495e31eb91ba75508274a8c30c9
  • Deployer Wallet: 0xc1275bb75824365df417ef4ea8dab60dca1b809d
  • Peak Liquidity: $56,187
  • Current Liquidity: $3
  • Health Score: 20

The data remains static regarding the current state, showing no recovery in liquidity since the initial detection. The event is recorded as a completed collapse with no active trading volume associated with the remaining $3 balance. This factual record provides a clear picture of the pool's trajectory from a healthy state to a dead one.