WETH/VERLO Pool on Base Drops to $3 From $58,577 Peak
A liquidity pool on the Base chain involving WETH and the VERLO token has effectively ceased to function, with its value plummeting from a peak of $58,577 to $3. This event marks a total loss of liquidity for the pair, leaving the pool in a dead state with a low health score.
A specific liquidity pool on the Base blockchain has experienced a catastrophic drop in value. The pair, consisting of WETH and the VERLO token, was once active but has now lost virtually all of its capital. The data shows the pool started with a significant amount of funds before draining completely.
The Event Details
The pool, identified by contract address 0xe35c50548581681c0cd6bbe23877229497b20395, reached its highest recorded liquidity of $58,577. This figure represented the maximum amount of capital available for traders to swap assets within that specific venue. However, the situation changed rapidly.
Current Status
By the time of the latest measurement, the liquidity had fallen to just $3. This represents a drawdown of 100% from the peak. In practical terms, this means the pool is now empty of usable funds. The health score for this venue is currently 20, indicating a critical failure. The deployer wallet associated with the pool is 0x7d635352f9d3c3e3a72f0567e8fc398ec74de09b.
What This Means
When a pool drops to this level, it is effectively dead. Traders cannot execute meaningful swaps because there is no liquidity to absorb their orders. The event occurred on June 12, 2026. While on-chain risk flags currently show as ok, the physical absence of funds suggests the pool has been drained or abandoned. Users who held positions in this pair likely faced total loss of their invested capital as the venue vanished.
- Peak liquidity was $58,577.
- Current liquidity is $3.
- The drop occurred on the Base chain.
This event highlights the volatility of new token pairs on Layer 2 networks. A pool that appears active one moment can vanish the next, leaving participants with no recourse.