WETH/KRN Pool On Base Loses All $54k Liquidity
The WETH/KRN trading pair on the Base network experienced a total loss of value after holding over $54,000 in assets. The current health score indicates severe distress for this specific contract address.
A liquidity pool designed to facilitate trades between WETH and KRN tokens on the Base chain has effectively ceased operations. At its peak activity, the pair held approximately $54,781 in total value locked within it. That drawdown from that high point represents a complete evacuation of funds, leaving only three dollars remaining in the contract.
The Numbers
Deployed by wallet address 0x28251e4818f02fe547bf4ac112cbfa8289fc4733, this specific pool was tracked until June 22, 2026. The metric showing a 100% drawdown means the current liquidity is mathematically negligible compared to when users could last enter positions there.
Current Status
The health score for this contract has fallen to twenty out of one hundred, signaling that it no longer functions as a viable venue for swapping assets. While on-chain risk flags currently show as okay, the physical absence of liquidity renders the pair useless for standard trading purposes.
What To Watch
- The pool contract address is 0xf97b718348f42527597cc3affe1303ed3313834e.
- Total value lost from the peak equals roughly $54,778.
Readers should note that a single swap in this environment would consume nearly all remaining capital. The event highlights how quickly liquidity can vanish on newer chains like Base when developers remove funds or users exit en masse. This specific incident does not imply broader network failure but rather points to the volatility of individual token pairs.