VERLO/WETH Pool on Base Loses All Liquidity
The VERLO token paired with WETH on the Base network experienced a total loss of value within its smart contract pool. What once held over fifty-five thousand dollars is now effectively empty, signaling an immediate halt to normal market operations for this specific asset pair.
A trading venue on the Base blockchain has ceased functioning after a sudden and complete removal of funds. The pool dedicated to swapping VERLO against WETH reached a maximum capacity before vanishing entirely.
The Event Details
On June 21, 2026 at 13:09 UTC, the liquidity within contract address 0x7e996fa97dd4e65f928ae654edfc6130351453e4 dropped from a peak of $55,683 to just three dollars. This event represents a 100% drawdown from the highest recorded value.
Liquidity Status
The current health score for this venue is rated at 20 out of 100, indicating severe distress despite on-chain risk flags showing no immediate external threats. The deployer wallet associated with the contract remains 0xa4ebb050217c97a5c68c8568bad3ee7484dc15a8. Because nearly all capital has been removed, users cannot execute standard trades against this specific pair.
Metric Interpretation
When a liquidity pool loses 100% of its value from the peak, it means the entire reserve was drained by an external actor. A remaining balance of $3 is negligible and insufficient to facilitate any meaningful transaction volume. This situation effectively renders the contract dead for practical trading purposes.
- The swap function is now unusable for retail participants.
- Historical data shows a rapid transition from active liquidity to zero.