WETH/MINIMAX Pool on Base Collapses to Zero

A specific trading pair on the Base blockchain has experienced a total collapse in value. The pool, identified by the address 0x699250a568cdc3bd6e8ec076c8b8cd5888e9cf6f, was designed to facilitate swaps between Wrapped Ether (WETH) and the MINIMAX token. On-chain data confirms that the liquidity within this contract has vanished entirely, leaving the pool with zero remaining assets.

The Event Timeline

The decline of this specific pool was first detected on June 9, 2026, at 19:26:09 UTC. At that moment, the pool was still holding significant capital, but the trajectory toward a total drain had begun. The initial peak liquidity recorded for this pair was $10,896. This figure represents the maximum amount of capital available for traders to swap tokens at that time. Following this peak, the liquidity decreased rapidly until it reached its current state.

Current Pool Metrics

As of the latest measurement, the liquidity standing in the pool is exactly $0. This represents a drawdown of 100% from the peak value. In practical terms, a 100% drawdown means that the entire amount of money that was in the pool has been removed. The current health score for this pool is 20 out of 100, indicating a severely distressed state. Although the on-chain risk flags currently show as 'ok', the zero liquidity status effectively renders the pool non-functional for trading purposes.

Implications for Traders

For a reader analyzing on-chain data, a drop to zero liquidity is a critical signal. It means that if a user attempts to trade on this specific pair now, they will find no counterparties or assets to exchange. The deployer wallet associated with this event is 0xb04b2548e1d281809b85fed7544d286db764c127. The rapid transition from a healthy pool to a dead one suggests a sudden removal of funds, often referred to as a drain. This event highlights the volatility of decentralized finance pools, where a pool can go from having over $10,000 in assets to being completely empty in a short window.

• The pool address 0x699250a568cdc3bd6e8ec076c8b8cd5888e9cf6f is now inactive.
• Total capital loss from peak to current state is $10,896.
• The event occurred on the Base network.

Understanding these metrics helps investors identify which pools have survived and which have failed. A health score of 20 combined with zero liquidity confirms that this specific venue for trading WETH and MINIMAX is no longer operational.