WETH/Monid Pool on Base Drops From $58k Peak
The WETH/Monid trading pair on the Base network experienced a dramatic reduction in available funds, dropping from a high point of $58,123 down to only $3. This event marks a complete loss of liquidity for this specific market depth at that moment.
The trading pair involving WETH and Monid tokens on the Base blockchain has effectively ceased to function as a viable marketplace. The data indicates a total depletion of usable funds within this specific contract.
What happened
This particular pool, identified by its unique address 0x4cb5a79476b5203394b90e993a5a995e89332bb3, once held significant capital for traders. However, the situation changed rapidly after June 23rd, 2026.
The numbers
At its height, this venue supported transactions worth $58,123 in total value locked. That drawdown represents a full removal of assets from the contract, leaving only three dollars behind. The health score for this pool has fallen to twenty out of one hundred.
Market impact
The deployer wallet associated with this event is 0xec285323e5b69e2351e31200e51f0d5a19b2bafd. When a pool loses all its liquidity, it means users cannot execute trades at the previous price levels because there are no counterparties left to match orders.
- Traders can no longer swap between these assets here.
- The remaining funds do not support meaningful market depth.
This event highlights how quickly a specific trading venue on Layer 2 networks like Base can become inactive. The sudden shift from full funding to near-zero status suggests an external removal of capital rather than organic decay, as the pool is now considered dead for practical purposes.