CryptoRanks

WETH/Pollak Pool on Base Loses All Liquidity

Base Published: 16d ago ·

The WETH/Pollak liquidity pool on the Base network has effectively ceased to function as a trading venue. Once holding over $52,000 in value, the pool now contains only $2, representing a total loss of available capital for users.

The WETH/Pollak liquidity pool on the Base blockchain has transitioned from an active market to a non-functional state. This specific event, tracked at contract address 0x9a3a302cd66b6d69daee6aa04566914756346944, marks the moment where a previously viable trading pair lost nearly all of its capital. The data indicates a sudden and complete removal of funds that were once available for swapping.

The Scale of the Loss

At its height, this pool held $52,170 worth of assets, providing depth for traders to enter and exit positions. However, the current state shows a liquidity value of just $2. This represents a drawdown of 100% from the peak. In practical terms, a 100% drawdown means the entire pool was drained, leaving no meaningful capital behind. The health score for this pool is now 16 out of 100, reflecting its critical condition.

Technical Context

The event was first detected on June 11, 2026, at 07:56:13 UTC. The wallet responsible for the initial deployment is 0xe84dfccf522bb4174c39646e0bdd19810191243b. While on-chain risk flags currently show as okay, the drastic reduction in liquidity suggests a deliberate action or a severe market event occurred shortly after deployment. The swap function is likely unusable for any significant trade volume.

Implications for Users

For anyone holding tokens in this pair, the situation implies that the liquidity provider has exited or the funds were removed entirely. A pool with only $2 remaining cannot support standard trading operations. Users attempting to interact with this contract may find their transactions failing or encountering extreme slippage. The distinction between a healthy pool and this current state is stark: one offers liquidity, while the other offers only the remnants of a former market.

  • The pool is effectively dead.
  • Liquidity dropped from $52,170 to $2.
  • Health score is critically low at 16.