WETH/DOME Liquidity on Base Falls From $60k Peak
The WETH/DOME trading pair on the Base network experienced a severe liquidity event, dropping from a high of $60,804 to just three dollars. This drastic reduction indicates that the pool is effectively non-functional for standard trading purposes.
A specific decentralized exchange pair on Base has undergone a catastrophic change in its available funds. The WETH/DOME liquidity pool reached a maximum value of $60,804 before suffering a complete loss of capital.
The Event Details
On-chain records show the incident was first detected at 02:31 UTC on June 19, 2026. The pool contract identified as 0x1128193ff536c7bfe11c40d1282a148af16fd8ab was deployed by the wallet address 0x65b817d3c00c0dfba9599a9657304e03553bb9a0. Shortly after this date, the available funds vanished.
Current Status
The drawdown from the peak represents a 100% loss of value for users attempting to access that specific liquidity source. The current standing balance is merely $3, rendering the pool useless for any meaningful transaction volume. A health score calculated by our metrics registers at 20 out of 100, reflecting this critical state.
Implications
- The remaining value in the contract is negligible compared to historical highs.
- Liquidity providers have lost their entire investment within a short timeframe.
This event highlights the volatility inherent in early-stage tokens on Layer 2 networks. While risk flags currently show as ok, the mechanical reality of such pools turning empty means traders cannot execute orders at previous price levels without slippage that would wipe out most capital instantly.