WETH/grantr Pair on Base Loses $58K Liquidity
The decentralized exchange pair combining Wrapped Ether with grantr on the Base network experienced a total loss of its recorded liquidity. The pool's health score is now critically low at 20 points after funds were drained from an initial peak of nearly sixty thousand dollars.
A specific trading pair on the Base blockchain has effectively ceased normal operation following a massive reduction in available capital. The pool originally tracked two assets: Wrapped Ether and grantr tokens. Within a short window starting June 14th, all accessible funds were removed from circulation.
The Event Details
On-chain records show the liquidity vanished completely between early morning hours on June 14, 2026. The transaction was executed by wallet address 0x587d27890f0452fdb48c4c64ffb41387c7e90903. This action reduced the total value of assets in the contract from a high point to an insignificant remainder.
Quantifying The Drop
The financial impact is measured by comparing current reserves against historical highs. At its strongest moment, this specific pool held $58,000 worth of assets available for swapping. Following the event, that figure fell to just three dollars.
This represents a drawdown percentage calculated at 100%. In practical terms, this metric indicates that every single dollar previously sitting in the pool was removed by the deployer wallet. The remaining value is negligible and insufficient for meaningful trading activity.
Current Status
The health score assigned to this contract has plummeted to 20 out of 100, signaling severe distress or failure. While automated risk scanners currently flag no immediate anomalies beyond the drain itself, the structural integrity is compromised. Users attempting to interact with pool address 0x324b6afc079b52127f8b2ca2507dbd4fdb07a33a will likely find no liquidity available for standard swaps.
- The original peak value was $58,000 USD.
- Funds were drained to a remaining balance of $3.
- The event occurred on the Base network in June 2026.