WETH/Monid Pool on Base Drops From $64K Peak
On-chain data shows that the WETH/Monid trading pair on the Base network experienced a severe reduction in available funds. The pool's health score is currently low at 20 points following this event.
A specific liquidity pool for WETH and Monid tokens on the Base blockchain has effectively ceased to function as a viable trading venue. The pair previously supported significant capital before facing a complete loss of value relative to its maximum capacity.
The Event Details
Monitoring tools detected this shift in status starting June 16, 2026 at 21:01 UTC. At that moment, the pool held $3 in remaining liquidity after a massive drawdown from its highest recorded level.
The Numbers
Historical records indicate the pair reached a peak value of $63,821 before the decline occurred. The current state shows only $3 left in the contract at address 0x6eb853eaad8b65e14cff88ad483a38dae892efac.
This represents a drawdown of exactly 100% from that high-water mark. Such a metric implies that the remaining funds are negligible compared to what was previously available for swapping, effectively rendering the contract empty for practical purposes.
What This Means
The health score assigned to this pool is now 20 out of 100, signaling severe distress. While on-chain risk flags currently show as okay, a liquidity level near zero prevents normal market operations between the two assets in that specific contract.
- Peak value was $63,821
- Current value is $3
- Detection date: June 16, 2026
The deployer wallet associated with this event holds the address 0xd4e86f3b032d999f2da3ec78fc9e7f2674b84bab. Users attempting to access funds or execute trades in WETH against Monid tokens must now look for alternative pools, as this specific venue has lost its utility.