Forever/WETH Pool on Base Hits $3 From $50,421 Peak

A specific liquidity pool on the Base blockchain has transitioned from an active trading venue to a dormant state. The pair, consisting of the Forever token and WETH, recorded a maximum liquidity value of $50,421 before a sudden shift occurred. Today, the same pool holds only $3 in total value, representing a drawdown of 100% from its highest point.

The Event Details

The decline was detected on the blockchain on June 12, 2026, at 12:59:49 UTC. The pool contract address is 0x00cbb0e11d29b2c2ae75fe99798e9ae7a49b1935. The wallet responsible for deploying this specific contract is 0x1089006a25f6500058b7d4df2075a53c0659e933. While on-chain risk flags currently show as ok, the health score for this specific pool has dropped to 20 out of 100, indicating significant distress.

Understanding the Drop

A 100% drawdown does not simply mean a price crash; it signifies that the liquidity available for trading has been removed entirely. In practical terms, a pool with $3 in reserves cannot support meaningful trades. Any attempt to swap tokens against this pool would result in a transaction size larger than the entire pool itself, causing the trade to fail or execute at a price that effectively removes the remaining funds.

What to Watch

Readers should note that the current status is listed as dead. This means the pool is no longer functional for standard trading purposes. The drastic reduction from a fifty-thousand dollar peak to a three dollar floor suggests a rapid exit of funds by liquidity providers or a drain event. Investors should treat any interaction with this specific contract address with extreme caution, as the pool has lost its primary function of facilitating asset exchange.

• Pool contract: 0x00cbb0e11d29b2c2ae75fe99798e9ae7a49b1935
• Deployer wallet: 0x1089006a25f6500058b7d4df2075a53c0659e933
• Current health score: 20