WETH/Juno Liquidity on Base Falls From $61k Peak
The WETH/Juno trading pair on the Base network experienced a total loss of value after reaching a high point. Current data shows that what was once an active market now holds negligible funds following a massive withdrawal event.
A specific liquidity pool for WETH and Juno on the Base blockchain has effectively ceased to function as a trading venue. The pair reached its highest recorded value of $61,158 before undergoing a complete drawdown that left only three dollars in reserves.
The Event Details
Monitoring systems detected this shift starting on June 21, 2026 at noon UTC. The pool contract identified as 0xd310fc20e67bf919f3df07d9f5367801ed579de5 was deployed by the address 0xad4f14232f3f37a0f31bff1dc543e12510a9f68a. While on-chain risk flags currently show as okay, the health score for this specific pool has dropped to a low of twenty out of one hundred.
Understanding the Drop
The metric showing a 100% impact indicates that every single dollar previously sitting in the reserve was removed. This is not merely a price fluctuation but a total extraction of capital from the contract. When a pool drops to this level, it means there are no funds left for new traders to swap against.
Market Implications
This situation highlights how quickly liquidity can vanish on newer chains like Base. For investors holding Juno tokens in that specific pair, the ability to exit positions has been removed entirely. The remaining value is so small it renders the contract useless for standard trading operations.
- The peak value was $61,158
- Current liquidity stands at just $3
- Total drawdown reached 100%