WETH/UNILAWB Pool on Base Loses All $63k Liquidity
The WETH/UNILAWB trading pair on the Base network experienced a total loss of value after its liquidity dropped to near zero. This event marks the end of an active market for this specific token combination following a rapid extraction of funds from the smart contract pool.
A trading venue on the Base blockchain that once facilitated swaps between WETH and UNILAWB tokens has effectively ceased to function. The event began when a specific deployment wallet initiated actions resulting in an immediate reduction of available funds within the contract.
The Event Timeline
Monitoring data indicates the pool reached its maximum capacity on June 15, 2026, holding $63,285 worth of assets. Within a short window following this peak, the liquidity vanished entirely. By the time metrics were updated to reflect current conditions, only three dollars remained in the contract.
Understanding the Drawdown
The reported drawdown figure represents a 100% reduction from the previous high-water mark. In practical terms for an investor or trader, this means that any attempt to execute a trade after the event would have failed due to insufficient depth. The metric does not imply volatility in price but rather a physical removal of capital required to facilitate exchanges.
Current Contract Status
The smart contract identified as 0x8665998716143d537c88dc2598ef5d9bec9f8071 now carries a health score of twenty out of one hundred. While on-chain risk flags currently show no immediate technical anomalies, the absence of liquidity renders the pair unusable for standard trading activities.
- Peak value reached: $63,285
- Funds remaining: $3
- Total loss percentage: 100%
This situation highlights how quickly a specific liquidity pool can transition from active status to being effectively dead. Users attempting to access this pair will find no counterparties or funds available for swapping.