WETH/Juno Pool on Base Loses All $60k Liquidity
The WETH/Juno pair on the Base network experienced a severe drop from its highest recorded level. The contract now holds only three dollars against a previous high exceeding sixty thousand.
A liquidity pool for WETH and Juno on the Base blockchain has effectively ceased operations after losing virtually all its capital. The event was first detected by monitoring systems at 21:00 UTC on June 14, 2026. At that moment, the contract address 0x723c3cb329c98f6b59a5d093c5433c8b6971406e held a total of just three dollars in assets.
The Numbers Behind the Drop
To understand the severity, one must look at where this pool stood before it emptied. The contract previously supported trading volume backed by $60,189 worth of liquidity. That figure represents a drawdown of 100% from its peak value. In practical terms, every dollar that was once available for swapping has been removed or drained.
Current Health Status
Risk assessment tools currently assign this pool a health score of 20 out of 100. This low rating reflects the near-total absence of capital within the smart contract at address 0x723c3cb329c98f6b59a5d093c5433c8b6971406e. While on-chain risk flags show as okay, a score of 20 indicates the pool is functionally dead for any new trading activity.
Implications for Traders
The deployment wallet associated with this contract is 0x11ec98f95b8d9446453c1aa362990a77bf478352. The sudden shift from a healthy pool to one holding only three dollars suggests an external extraction of funds. For users, this means the pair is no longer viable for providing liquidity or executing trades without facing extreme slippage.
- The peak value was $60,189 before draining
- Current holdings are approximately zero
- Risk score dropped to 20 out of 100