WETH/LAWB Pool on Base Loses All Liquidity From $53,817 Peak
The WETH/LAWB trading pair on the Base network has effectively ceased operation, with liquidity falling from a peak of $53,817 to a negligible $3. This event marks a complete loss of usable funds in the pool, leaving the contract with a health score of 20.
The WETH/LAWB liquidity pool on the Base blockchain has transitioned from a functional market to a dead state. On June 11, 2026, at 20:24:35 UTC, the pool held a significant amount of capital. By the time the event was recorded, that capital was gone. The deployer wallet 0xdd1ade3cb63a385e07676d985e32849a481e2ded initiated the change, resulting in a total drawdown from the previous high.
The Event Details
The pool contract at 0xfe084acdc1895caf9096d6cf91ab6918a1262ce1 once facilitated swaps between Wrapped Ether and the LAWB token. At its height, the pool contained $53,817 in total value locked. That figure represented the maximum amount of capital available for traders to enter or exit positions. The sudden shift to $3 indicates that nearly every dollar was removed from the contract.
Understanding the Drop
A drawdown of 100% is not a standard market fluctuation; it signifies a complete removal of assets. When a pool drops to $3, it means the liquidity is insufficient to support normal trading. A user attempting to swap even a small amount would face extreme slippage or be unable to execute the trade at all. The health score of 20 reflects this critical state, where the protocol is effectively non-functional.
What to Watch
While on-chain risk flags currently show as ok, the structural integrity of the pool is compromised. The remaining $3 is likely insufficient to cover transaction costs or provide any meaningful depth. Traders should treat this pair as inactive. The rapid transition from a healthy pool to a drained one suggests a deliberate action rather than a gradual market correction.
- Liquidity fell from $53,817 to $3.
- The pool is now considered dead.
- Health score is 20 out of 100.