CryptoRanks

WETH/MRBASE Base Pool Liquidity Vanishes After $51K Peak

Base Published: 6d ago ·

The MRBASE token pair experienced a total loss of its recorded value within the last few days. This analysis details the specific metrics and timeline for this liquidity drain on the Base network.

A trading venue dedicated to swapping Wrapped Ether against MRBASE tokens has effectively ceased normal operations. The event was detected by monitoring systems at 03:57 UTC on June 13, 2026. At that moment, the contract holding these assets had already suffered a catastrophic reduction in available funds.

The Numbers

At its height of utility, this specific pool held $51,568 worth of combined liquidity for traders to execute swaps between WETH and MRBASE. By the time the data was recorded as current status 'dead', that figure had plummeted to a mere $3.

This represents a drawdown from peak standing at 100%. In practical terms, this metric indicates that nearly every single dollar previously sitting in the pool has been removed or rendered inaccessible. The health score for this contract is currently rated at 20 out of 100, signaling severe distress.

What Happened

The deployer wallet associated with this event holds the address 0x08b36f63688dc903c201781b5e2c54a9789012bd. The pool contract itself is identified as 0xe8abf69923e64596c1b8971de9d0b05a0ad4d4ea.

While on-chain risk flags currently show 'ok', the reality of a pool dropping from fifty thousand dollars to three is clear evidence of an exit. This situation often occurs when liquidity providers withdraw their funds, leaving traders unable to swap tokens at fair rates or causing extreme slippage for any remaining volume.

Market Context

  • The pair involved was WETH/MRBASE on the Base blockchain.
  • Total value lost from peak levels exceeded fifty thousand dollars.

This event serves as a stark reminder of the volatility inherent in decentralized finance. Traders relying on this specific venue for MRBASE exposure must now look elsewhere, as the primary source of liquidity has been drained completely.