Base WETH/openhuman Pool Loses All $63k Liquidity
The on-chain data reveals that the WETH/openhuman pair on Base experienced a total loss of its initial capital. The event occurred in June 2026 after the pool held significant funds before becoming effectively empty.
A specific trading venue for Wrapped Ether and OpenHuman tokens on the Base network has ceased to function as a viable market. The event was detected in June 2026 following an initial period where real capital existed within the contract.
The Event Timeline
Analysis of the blockchain shows that liquidity reached its highest recorded value before vanishing entirely. This peak occurred on June 15, 2026 at approximately 18:33 UTC. At this moment, the pool contained $63,666 worth of assets available for trading.
Current State
The situation has deteriorated rapidly since that peak date. The current value held in the contract is now just three dollars. This represents a drawdown from the maximum level of 100%. In plain terms, every single dollar originally deposited by users or added to the pool was removed.
Implications for Traders
The health score assigned to this venue dropped to 20 out of 100. While on-chain risk flags currently show as okay based on recent scans, a liquidity depth of $3 is insufficient for any meaningful trade execution. A swap executed here would likely slippage the entire remaining value.
- The pool contract address is 0x3252fe7dd37dd6b118eff286ba4145e35844f44e
- Assets were deployed by wallet 0x46429df2570fe4351bfa18118383f4f808ee02d0
Risk Assessment
This event serves as a stark example of how quickly liquidity can disappear on Layer 2 networks. The pair is now considered dead, meaning it cannot be used for standard arbitrage or trading strategies.