CryptoRanks

WETH/grantr Pool on Base Loses All Liquidity

Base Published: 11d ago ·

A specific liquidity pool for the WETH/grantr pair on the Base network has experienced a total loss of value. The pool, which once held over $56,000 in assets, now contains only $3. This event marks a complete drain of the available liquidity.

A liquidity pool for the WETH/grantr pair on the Base blockchain has effectively ceased to function as a trading venue. The pool, identified by contract address 0x6814d04ff02065574615a9d40195b7f328b9b797, recorded a peak value of $56,249 before its current state. That drawdown represents a 100% reduction in available funds, meaning the entire pool was removed or drained in a single sequence of events.

The Numbers

The data reveals a stark contrast between the pool's potential and its reality. At its height, the pool held significant capital, allowing users to swap tokens with reasonable slippage. Today, the liquidity sits at $3. This figure is so low that any meaningful trade would be impossible without causing extreme price impact. The health score for this pool is currently 20 out of 100, indicating severe distress. Despite the on-chain risk flags showing as ok, the practical utility of the pool is nullified by the lack of capital.

What Happened

The event was first detected on June 12, 2026, at 09:50:53 UTC. The deployer wallet associated with this pool is 0xec2b504cbd7505d6727e66c0185b80284b9376e4. The transition from a healthy pool to a dead one suggests a deliberate removal of funds or a rapid exit by liquidity providers. When a pool drops to this level, it often signals that the original liquidity has been swept out, leaving behind a negligible remainder.

Market Context

For traders monitoring Base, this event highlights the volatility of smaller liquidity pools. A drop to $3 means the pair is no longer viable for standard trading. Users attempting to interact with this contract would face a situation where the trade size exceeds the remaining pool depth. This scenario is common in events where a pool is drained, rendering the contract technically active but economically useless. The rapid shift from a $56k peak to a $3 floor demonstrates how quickly liquidity can vanish in decentralized finance environments.

  • Pool contract: 0x6814d04ff02065574615a9d40195b7f328b9b797
  • Current liquidity: $3
  • Peak liquidity: $56,249