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WETH/ATI Pool on Base Collapses 100% From Peak

Base Published: 1h ago

On-chain data reveals a significant collapse in the WETH/ATI liquidity pool on the Base blockchain. The pool has lost 100% of its value since its peak, leaving only $3 in remaining liquidity.

A specific liquidity pool on the Base blockchain has experienced a total collapse in value, marking a dramatic shift from its operational peak. The pair in question involves Wrapped Ether (WETH) and a token identified as ATI. On-chain monitoring indicates that the pool is now effectively dead, with its health score registering at a critical low of 20 out of 100. This event highlights the volatility inherent in decentralized finance markets, where pools can transition from active trading venues to inactive states rapidly.

The Collapse Details

The decline in this specific pool was not gradual but rather a complete erosion of its asset base. At its height, the pool held a substantial amount of capital, reaching a peak liquidity value of $56,746 in US dollars. This figure represented the total value of assets available for trading within the smart contract at that moment. However, current data shows that the liquidity has plummeted to a negligible $3. This represents a drawdown of exactly 100% from the peak value, indicating that nearly all assets have been removed or the pool has been drained.

Technical Identification

Investigating the on-chain footprint of this event provides specific identifiers for the affected infrastructure. The pool is located at the address 0x1ba2e96aba4f15a588637a600eb3f1486ed0963d on the Base network. The deployment of this contract was initiated by a wallet address identified as 0x2c973d8ec85eac8eedef6bb2a3289c7f57949408. The first detection of this specific event or the initial significant movement occurred on June 5, 2026, at 10:54:21 UTC. Despite the severe drop in liquidity, the on-chain risk flags currently associated with the deployment are marked as ok, suggesting that the initial deployment did not trigger immediate automated risk alerts, though the subsequent performance indicates a failure in asset retention.

Implications for Traders

The status of this pool is now classified as dead, meaning it no longer functions as a viable venue for providing liquidity or executing trades. The health score of 20 reflects this poor condition, serving as a metric for the pool's stability and solvency. For participants monitoring the Base ecosystem, this event serves as a case study in the rapid lifecycle of decentralized pools. The transition from a $56,746 peak to a $3 remainder illustrates the potential for sudden liquidity extraction or market failure. Users are advised to verify pool health scores and liquidity depths before engaging with similar assets to avoid potential losses associated with drained or collapsed contracts.

  • Pool Address: 0x1ba2e96aba4f15a588637a600eb3f1486ed0963d
  • Chain: Base
  • Pair: WETH/ATI
  • Peak Liquidity: $56,746
  • Current Liquidity: $3
  • Health Score: 20