CLSKX/WETH Pool on Base Collapses to Zero
An on-chain event recorded a complete collapse of the CLSKX/WETH liquidity pool on the Base network. The pool, which once held $10,822 in total value, now shows zero liquidity and a health score of 20.
A specific liquidity pool on the Base blockchain has reached a state of total failure, losing every dollar of its recorded value. The pair in question is CLSKX paired with WETH, a standard stablecoin used for trading. On-chain data indicates that this pool was active until June 10, 2026, at 23:26:07 UTC, after which it effectively ceased to function as a viable market for traders.
The Collapse of Value
The primary metric defining the severity of this event is the drawdown from peak liquidity, which stands at 100%. In plain terms, this means the pool currently holds no usable funds. The total value dropped from a peak of $10,822 to exactly $0. When a pool reaches zero liquidity, it implies that all assets have been removed or the contract has been rendered unusable. This is not a minor fluctuation; it represents the complete disappearance of the trading venue for that specific asset pair.
Pool Health and Status
Current indicators confirm the death of this market. The pool status is listed as dead, and the health score has fallen to 20 out of 100. A score of 20 suggests significant distress, consistent with a pool that has been drained or abandoned. The deployer wallet associated with this event is 0x498c7fac79baab337426eb7a8ef72280bf141840. While the on-chain risk flags currently show as ok, the structural reality of the pool is that it no longer exists as a functional entity. The pool contract address is 0xe58d9b4491f0a595a66bc060374d8797aa26d7d9.
Implications for Traders
For anyone monitoring the Base ecosystem, this event serves as a stark reminder of the volatility inherent in new token pairs. A drawdown of 100% means that any attempt to trade CLSKX against WETH through this specific contract would result in a failure to execute, as there is no liquidity to facilitate the swap. The rapid transition from a peak of nearly $11,000 to zero suggests a sudden exit of funds, likely by the deployer or a malicious actor, leaving the remaining participants with no recourse. Readers should treat any pool with a health score below 50 with extreme caution, as the risk of total loss is imminent.
- The pool has lost 100% of its initial capital.
- Current liquidity is exactly zero.
- The health score is critically low at 20.
- The event was detected on June 10, 2026.
Understanding these metrics helps investors avoid placing funds into contracts that have already been compromised or drained. The data speaks for itself: the market for this specific pair on Base has vanished.