WETH/UNILAWB Pool On Base Drops To $3 From Peak
The trading pair between Wrapped Ether and the token UNILAWB experienced a total loss of value shortly after June 2026. Liquidity that once totaled more than $53,000 is now reduced to just three dollars, indicating a complete drain from the contract.
A specific liquidity pool on the Base network has transitioned from an active state to one that is effectively dead. The event was first detected in June 2026 at a precise timestamp of 20:13 UTC. At this moment, the health score for the contract dropped significantly, reflecting the severe degradation of its financial standing.
The Numbers
At the height of activity before the event unfolded, the pool held $53,594 in total liquidity. This figure represented a substantial amount of capital committed to trading between WETH and UNILAWB tokens. Within days or hours following this peak, the available funds were removed entirely from circulation within that specific contract address.
The current state shows only three dollars remaining in the pool. When calculating the drawdown percentage based on these figures, the loss reaches 100%. This metric indicates a trade size larger than the entire original pool depth at its peak moment. Such an extreme drop means no meaningful trading can occur for users attempting to enter or exit positions.
Contract Details
The affected smart contract resides at address 0x65692414081219a7382978012fe88e7e8776540d. This specific pool was deployed by a wallet identified as 0x367079ec02c49b2b22db084746d2a7f399cd6975. While on-chain risk flags currently show no immediate technical anomalies, the rapid depletion of funds suggests an intentional removal rather than a gradual market correction.
What To Watch
- The sudden nature of this event highlights risks associated with newer tokens like UNILAWB.
- Liquidity levels dropping to single digits render pools unusable for standard trading strategies.