$62K Liquidity Vanishes From WETH/KWT Pool
The WETH/KWT pair on the Base network experienced a severe drop in liquidity, falling from a high point to near zero. This event marks the end of trading activity for this specific pool address following an initial deployment.
The WETH/KWT pair on Base has effectively ceased normal operation after its liquidity evaporated almost entirely. The pool reached a peak value of $61,867 before dropping to just three dollars in available funds. This drastic reduction indicates that the majority of assets have been removed from circulation within this specific contract.
The Event Timeline
Monitoring data first flagged unusual activity on June 17, 2026 at 18:33 UTC. At that moment, a pool managed by deployer wallet 0x3bf8f2e86bf35da8ba007c70a199e81e26d7af5e was already showing signs of distress. The contract address for this specific trade venue is 0xe7bf70b9dac864ca58fdf38d987dea5c2c315a4e.
Understanding the Drawdown
A drawdown of 100% does not mean a token price fell by that amount; rather, it signifies that the liquidity pool itself is now empty. When a metric shows such an extreme percentage change in this context, it means every dollar previously sitting in the shared reserve has been withdrawn or destroyed.
Current Status
The health score for this venue currently sits at 20 out of 100, reflecting its degraded state. While on-chain risk flags remain marked as okay based on available data, a pool with $3 in liquidity cannot support standard trading functions. Users attempting to swap tokens here would likely face slippage issues or find the order book non-existent.
- Peak value: $61,867
- Current value: $3