$58K Liquidity Vanishes From Weth/Supergemma On Base

A trading pair involving WETH and SUPERGEMMA on the Base blockchain has suffered a catastrophic liquidity exit. The pool reached its highest recorded value of $58,091 before draining completely to only three dollars in assets. This rapid depletion indicates that the mechanism allowing users to swap tokens against one another is no longer functional for standard market participants.

The Event Timeline

On-chain records show this specific incident was first detected on June 20, 2026, at approximately 18:38 UTC. The pool contract identified as the site of this event is located at address 0xad23256187341f18eecb0cc6d1804eb7ef989b07. A single wallet, deployed by an entity holding funds in a separate account starting with 0x078e, was responsible for the initial setup of this contract before the liquidity vanished.

Understanding The Numbers

The severity of this event is defined by its drawdown percentage. A drop described as 100% means that every single dollar previously available in the pool has been removed or swapped out, leaving nothing for new entrants. When a metric shows such an extreme reduction from a peak like $58k to near zero, it signifies that the entire capital base is gone rather than just being reduced by normal market volatility.

Current Status And Health

The health score assigned to this pool has fallen to 20 out of 100. This low rating reflects a state where the contract exists but holds negligible value, effectively rendering it dead for trading purposes. While automated risk flags currently show no immediate on-chain anomalies beyond the drain itself, the practical outcome is that users cannot execute trades against what remains in this specific pool.

• Peak liquidity was $58,091
• Current remaining value is $3
• Total drawdown represents 100% loss of funds