WETH/LITE Pool on Base Collapses to Zero Liquidity
On-chain data reveals that a specific WETH/LITE liquidity pool on the Base blockchain has completely drained, resulting in a 100% drawdown from its highest recorded value. The pool, identified by address 0x26fb082a332fea34e29f2cbeaea5a5c311131906, currently holds zero liquidity and displays a health score of 20.
A liquidity pool on the Base network has experienced a total collapse, losing all of its recorded value in a single event. The specific pool in question pairs Wrapped Ether (WETH) with the LITE token. At its peak, this pool held a total liquidity value of $10,926. However, current on-chain metrics indicate that the liquidity has dropped to exactly $0. This represents a drawdown of 100% from the highest point the pool ever reached. The pool is now classified as dead, with a health score of 20 out of 100. This situation occurred on the Base blockchain, which is a Layer 2 solution built on Ethereum.
The Event Timeline
The collapse was first detected on the blockchain on June 5, 2026, at 18:34:45 UTC. At this specific moment, the system recorded the transition of the pool from a state of active liquidity to a state of zero liquidity. The deployer wallet associated with this event is identified as 0x64c21c8804685af976912fc843601123199fe524. This wallet is responsible for the initial creation or configuration of the pool at address 0x26fb082a332fea34e29f2cbeaea5a5c311131906. The rapid movement from a peak value to zero suggests a sudden removal of funds or a mechanism that emptied the reserves.
Current Pool Metrics
Analysis of the current state of the pool shows a stark contrast to its previous performance. The liquidity now stands at $0, meaning there are no funds available for trading or swapping within this specific pair. The health score of 20 indicates a critically poor state for a liquidity pool, typically reserved for pools that are either inactive or have been drained. Despite the on-chain risk flags currently showing as ok, the factual data of the liquidity amount confirms the pool is no longer functional. The pair WETH/LITE is no longer providing the intended service of facilitating exchanges between these two assets at the recorded address.
Implications for Traders
Traders and investors monitoring the Base chain must be aware of the volatility inherent in new liquidity pools. The fact that a pool can go from a peak of nearly $11,000 to zero in a short window highlights the risks of early-stage token deployments. The specific token LITE paired with WETH has lost its utility within this specific contract. Users attempting to interact with this pool address 0x26fb082a332fea34e29f2cbeaea5a5c311131906 will find no liquidity to execute trades. This event serves as a data point for risk assessment models that track the lifespan and stability of decentralized finance protocols.
- Pool Address: 0x26fb082a332fea34e29f2cbeaea5a5c311131906
- Chain: Base
- Pair: WETH/LITE
- Peak Liquidity: $10,926
- Current Liquidity: $0
- Health Score: 20
The deployment wallet 0x64c21c8804685af976912fc843601123199fe524 remains the entity linked to the creation of this now-defunct pool. The date of the event, June 5, 2026, marks the timestamp when the zero liquidity status was first recorded. This data provides a clear, factual record of the pool's demise without speculation on external causes. The drop from a healthy-looking peak to a dead state is a significant event in the history of this specific contract on the Base network.