Azul/WETH Pool on Base Collapses to $1 Amid 100% Drawdown
A liquidity pool for the Azul token paired with WETH on the Base network has experienced a total collapse, with liquidity falling from a peak of $51,712 to $1. The event was first detected on June 6, 2026, and the pool now holds a health score of 16 out of 100.
On-chain monitoring has identified a significant event involving the Azul/WETH liquidity pool on the Base blockchain. The pool, identified by the address 0x7950e1b3f11b562b7251aae1392cf935879cdc08, was created by the deployer wallet 0x450b3782230ff92662bdf015cc7972998a7b9fbe. This specific event was first detected on June 6, 2026, at 13:40:31 UTC. The data indicates a complete loss of value for the liquidity previously held within this smart contract.
The Collapse of Peak Liquidity
The most striking metric in this dataset is the magnitude of the drawdown. The pool reached a peak liquidity value of $51,712 in USD terms. Following this peak, the liquidity drained from the contract, leaving a residual balance of only $1. This represents a 100% drawdown from the highest recorded level. The current status of the pool is classified as dead, indicating that it no longer functions as an active trading venue for the Azul and WETH assets. The health score assigned to this pool is currently 16 out of 100, reflecting the severe degradation of its financial state.
On-Chain Risk Indicators
Despite the catastrophic loss of value, the on-chain risk flags associated with this specific event are currently marked as ok. This distinction highlights the difference between the operational status of the blockchain network and the financial viability of the specific asset pair. The pool address 0x7950e1b3f11b562b7251aae1392cf935879cdc08 remains on the ledger, but the economic utility within it has effectively ceased. The deployer wallet 0x450b3782230ff92662bdf015cc7972998a7b9fbe is the entity responsible for the initial deployment of this contract.
Implications for Market Observers
The transition from a functioning pool to a dead one with a health score of 16 suggests a rapid exit of liquidity. Such events are critical for market observers tracking the Base ecosystem. The data confirms that the pool held real liquidity at its peak before the collapse. The speed of the decline from $51,712 to $1 underscores the volatility inherent in newly launched token pairs. Investors and analysts must remain vigilant when observing new pools on Base, as the data shows that a pool can go from active to dead very quickly. The event serves as a factual record of the risks associated with early-stage liquidity pools on Layer 2 networks.
- Pool Address: 0x7950e1b3f11b562b7251aae1392cf935879cdc08
- Deployer Wallet: 0x450b3782230ff92662bdf015cc7972998a7b9fbe
- Peak Liquidity: $51,712
- Current Liquidity: $1
- Health Score: 16
The factual record of this event provides a clear picture of the liquidity dynamics on the Base chain. The data does not speculate on the reasons for the drain but simply reports the numbers observed. The pool is now considered dead, and the health score reflects this terminal state. This information is derived strictly from the on-chain measurements of the specific event provided.