WETH/openhuman Liquidity Vanishes From Base
An automated market maker pair involving the openhuman token experienced a total loss of value, falling from a high point near $60,000 down to just three dollars. This event marks the complete disappearance of usable funds within that specific contract on the Base network.
A liquidity pool designed for trading WETH against openhuman tokens has effectively ceased operation after losing virtually all its capital. The pair operated on the Base blockchain before hitting a peak value of $58,982 in total reserves. Today, that same contract holds only three dollars remaining.
The Event Details
On-chain data confirms this was not a gradual decline but an immediate event where funds were removed or drained from the system entirely. The pool currently displays a health score of 20 out of 100, indicating severe distress compared to healthy protocols that typically maintain scores above 80.
Understanding the Drawdown
The drop represents a drawdown exceeding 99% from its highest recorded value. In practical terms for an investor or trader, this means any attempt to swap tokens into this pool would result in receiving almost nothing back. The liquidity available is now negligible compared to the initial capital that was deposited.
Technical Context
- The event occurred on June 22, 2026 at roughly 10:33 PM UTC.
- The pool contract address involved in this drain is 0x285a8d6a034133dd015ca949276bd1b7d1c64606.