WETH/LIQUIDBGT Pool on Base Collapses to Zero
On-chain data reveals that a specific WETH/LIQUIDBGT liquidity pool on the Base blockchain has completely collapsed. The pool, which previously held over $10,000 in total value locked, now shows zero liquidity, indicating a total loss of funds.
A specific liquidity pool on the Base blockchain has suffered a catastrophic failure, resulting in a total loss of its value. The pool, identified by the address 0x3de1d779233902aab08038a2acd56336f3c42625, paired the native Ethereum token WETH with the LIQUIDBGT token. This event marks a significant shift in the health of the decentralized finance ecosystem on Layer 2 networks, where liquidity can vanish rapidly without external warning signs visible to the average user.
The Event Details
The collapse was first detected on the blockchain at 03:32:37 UTC on June 6, 2026. At that moment, the pool was already in a state of critical failure. The total value of the liquidity in the pool, which represents the sum of assets deposited by users, had dropped to exactly zero dollars. This indicates that all funds were drained or removed from the contract, leaving no value for any remaining participants to redeem.
The Numbers
Historical data from the pool shows a dramatic decline from its operational peak. At its highest point, the pool held a total liquidity of $10,276 in USD value. Following the collapse event, the current liquidity stands at $0. This represents a drawdown of 100% from the peak value. The health score for this specific pool is currently recorded at 12 out of 100, reflecting its dead status. Despite the on-chain risk flags showing as 'ok' in some metrics, the liquidity metrics themselves tell a clear story of total asset depletion.
Implications for Users
The deployment of this pool was attributed to the wallet address 0xe4fc6ecbf41e5d6ded4d120380d83a5969cddb77. The sudden transition from a functioning market to a dead pool suggests a rapid execution of a drain or a rug pull mechanism. Users who attempted to interact with the pool after the collapse would have found no assets to swap. The current status of the pool is officially listed as 'dead', meaning it is no longer functional for trading or providing liquidity. This event serves as a stark reminder of the volatility inherent in newly launched token pairs on emerging chains like Base.
- Pool Address: 0x3de1d779233902aab08038a2acd56336f3c42625
- Chain: Base
- Pair: WETH/LIQUIDBGT
- Peak Liquidity: $10,276
- Current Liquidity: $0
- Health Score: 12
The rapidity of this collapse highlights the importance of monitoring liquidity depth before entering positions. When a pool drops to zero, the risk of capital loss is realized immediately. Investors and traders must remain vigilant regarding the health scores and liquidity metrics of any new pool they consider joining, especially those involving newly minted tokens like LIQUIDBGT.