GD/WETH Pool on Base Collapses to Zero Liquidity
A specific liquidity pool on the Base blockchain has experienced a total collapse, with its value dropping from a peak of $11,480 to $0. The event was first detected on June 5, 2026, and the pool currently holds no liquidity.
On-chain monitoring has identified a significant event involving the GD/WETH liquidity pool on the Base blockchain. The pool, identified by the address 0x98ad635c27004b0fd49f530087197aa85f6ad7d2, has transitioned from a state of active liquidity to a completely drained state. This event represents a total loss of value for the specific pool contract, marking a 100% drawdown from its historical peak.
The Event Timeline
The collapse of the GD/WETH pool was first detected on the blockchain at 16:52:03 UTC on June 5, 2026. At this specific timestamp, the pool's health score was recorded at 20 out of 100, indicating a critical state of distress. The data suggests that the liquidity previously held in this contract has been removed entirely, leaving the pool with zero USD value. The deployer wallet associated with this contract is 0x9cc88109e4053175676ec30eda9bee87bea91eea. While the on-chain risk flags are currently marked as ok, the liquidity status itself confirms the pool is effectively dead.
The Numbers
The magnitude of this event is defined by the stark contrast between the pool's peak performance and its current status. At its peak, the GD/WETH pool held a total liquidity of $11,480. Following the detected event, the liquidity balance dropped to exactly $0. This represents a 100% drawdown from the peak value. The health score of 20 reflects the severe degradation of the pool's utility, as a score of 100 would typically denote a healthy, fully liquid pool. The transition from a functioning market maker to a zero-value contract is a definitive indicator of a liquidity drain or rug pull scenario.
Implications for the Base Chain
This incident highlights the volatility inherent in decentralized finance pools, particularly on newer chains like Base. The pool address 0x98ad635c27004b0fd49f530087197aa85f6ad7d2 is now listed as having a current status of dead. Users interacting with this specific pair would find no liquidity available for swaps. The on-chain risk flags remain ok, which may seem contradictory to the zero liquidity status, but this metric often refers to smart contract safety rather than liquidity depth. The event underscores the importance of monitoring real-time liquidity data rather than relying solely on risk flag statuses. The total loss of $11,480 in potential trading volume and liquidity provision demonstrates the rapid nature of such events.
- Pool Address: 0x98ad635c27004b0fd49f530087197aa85f6ad7d2
- Token Pair: GD/WETH
- Chain: Base
- Peak Liquidity: $11,480
- Current Liquidity: $0
- Health Score: 20
- Deployer: 0x9cc88109e4053175676ec30eda9bee87bea91eea
Investors and traders should remain vigilant when evaluating new pools on emerging chains. The sudden disappearance of liquidity from a pool that previously held over eleven thousand dollars in value serves as a cautionary tale for the decentralized ecosystem. The data confirms that the pool is no longer operational for trading purposes.