WETH/UNO Pool on Base Loses All Liquidity From $57,701 Peak
A liquidity pool for the WETH/UNO pair on the Base network has effectively ceased operation, dropping from a peak value of $57,701 to just $3. This event represents a total loss of available capital for traders, leaving the pool in a dead state with a low health score.
A specific liquidity pool on the Base network has transitioned from active trading to a dead state. The pair, consisting of Wrapped Ether and UNO, saw its available capital vanish almost entirely. This event was first detected on June 11, 2026, at 23:32:51 UTC, marking the moment the pool ceased to function normally.
The Numbers
The financial impact of this event is stark when comparing the pool's history to its current reality. At its height, the pool held $57,701 in total value locked. Following the event, the remaining liquidity is merely $3. This represents a drawdown of 100% from the peak, meaning the entire pool was drained. The current health score of 20 reflects this critical failure, indicating the pool is no longer viable for standard trading activities.
What Happened
The data points to a sudden removal of funds rather than a gradual decline. The deployer wallet associated with the pool is 0x53706bee7d84e29d4f83a66387e8a52e5865f06b. While on-chain risk flags currently show as ok, the drastic reduction in liquidity suggests a rapid extraction of assets. The pool contract address is 0x4c5a5d28ac37a6b4059e8baa83583aee7a67ed87. Such a move typically leaves users unable to execute swaps at the previous rates.
Why It Matters
For investors and traders, this event signals a high-risk environment for new tokens on Layer 2 networks. When a pool drops to $3, it implies that the liquidity provider has been removed or the pool has been intentionally emptied. This leaves the market with a dead pool, where the previous volume of $57,701 is now inaccessible. Traders must be cautious of similar pairs, as the sudden nature of this drain highlights the volatility inherent in early-stage token ecosystems.
- Pool status is now dead.
- Health score dropped to 20.
- Peak liquidity was $57,701.