WETH/RH Pool on Base Collapses to Zero Liquidity
A specific liquidity pool for the WETH/RH token pair on the Base blockchain has experienced a total collapse, with liquidity dropping from a peak of $10,917 to exactly zero. This event marks the transition of the pool from an active market to a dead state, indicating a complete loss of available funds for trading.
A liquidity pool designed to facilitate trading between Wrapped Ether (WETH) and the RH token on the Base network has completely lost its value. The event was first detected on June 9, 2026, at 23:10:31 UTC. At that moment, the pool, identified by the address 0x17dd95bb14c3c616cddf403cf1b778ccc54be419, ceased to function as a viable marketplace. The data indicates that the pool is now considered dead, with a health score of 20 out of 100, reflecting a critical failure in its operational status.
The Scale of the Collapse
The magnitude of this event is defined by the total drawdown from the pool's peak liquidity. At its highest point, the pool held $10,917 in combined value. Following the incident, the current liquidity stands at exactly $0. This represents a 100% drawdown from the peak. In plain terms, this means that every single dollar of liquidity that was present in the contract has been removed. The pool no longer holds any real liquidity, meaning no new trades can be executed, and any funds previously deposited by users have been drained or removed from the system entirely.
Technical Details and Risk Flags
The transaction responsible for this change originated from a deployer wallet with the address 0xd321b705ee5d39849ae10257e8b4e9ae25815bcb. While the on-chain risk flags currently display as 'ok', the health score of 20 suggests that the protocol or the specific pool contract has been compromised or intentionally emptied. The term 'rug' or 'drain' describes the mechanism where liquidity is siphoned out, leaving the pool empty. This is a significant distinction from a standard market fluctuation, as the liquidity does not merely decrease; it vanishes completely.
Implications for Users
For a reader analyzing on-chain data, the primary takeaway is the total loss of capital access within this specific contract. A 100% impact percentage in this context signifies that the trade size or the drain amount exceeded the total available pool depth, effectively wiping it out. Users who attempted to interact with this pool after the event would find it impossible to swap tokens. The fact that the pool is now dead means that the risk of losing funds has materialized. Investors should note that even if risk flags appear neutral, a sudden drop to zero liquidity is the definitive signal of a failed project or a malicious exit.
- The pool address 0x17dd95bb14c3c616cddf403cf1b778ccc54be419 is now inactive.
- Total liquidity removed equals the entire historical peak of $10,917.
- The event occurred on the Base chain, highlighting risks specific to this network.
In conclusion, the data presents a clear picture of a failed liquidity pool. The transition from a healthy state to a dead state with zero liquidity is a binary event that leaves no room for recovery. The numbers do not lie: the pool is empty, and the funds are gone.