CryptoRanks

WETH/MRBASE Pool on Base Loses All $51K Liquidity

Base Published: 10d ago ·

The WETH/MRBASE trading pair on the Base network experienced a total loss of its recorded liquidity. The event marks a transition from a peak value exceeding fifty thousand dollars down to just one dollar within the pool's history.

A specific trading pair involving WETH and MRBASE on the Base blockchain has effectively ceased normal operation. The data indicates that a liquidity reservoir once supporting trades of significant size now contains negligible assets.

The Event Timeline

Monitoring tools detected this anomaly starting June 13, 2026 at 02:43 UTC. At the height of its activity, the pool held approximately $50,970 in combined liquidity across both tokens. This figure represented a healthy state for a decentralized exchange pair on Layer 2 networks.

Current Liquidity Status

The situation has deteriorated rapidly since that peak moment. The current standing of the pool shows only $1 remaining, representing a drawdown from the maximum observed value. This specific drop suggests an event where assets were removed entirely or swapped out in a manner that emptied the contract for standard users.

Technical Indicators

  • The deployer wallet associated with this pool is 0x46e38221d965321c760852a00e983bb2467e35cb.
  • The contract address for the affected pair is 0x65933993bad05d0f4c32deab4a45c58f8633ef1c.

Implications for Traders

The health score of the pool has fallen to 20 out of 100, signaling severe distress. While on-chain risk flags currently show as okay in some metrics, a liquidity depth of one dollar means slippage would be astronomical for any meaningful trade. This state renders the pair functionally dead for standard market participants.

What to Watch

The transition from $50k+ to near zero is not typical wear and tear but rather a structural failure or intentional drain. Users should avoid attempting trades on this specific contract address as execution will likely fail due to insufficient liquidity depth in the smart contract.