WETH/MRBASE Pool on Base Drops $57k Liquidity
The WETH/MRBASE trading pair on the Base network experienced a total loss of value after reaching a high point. The current health score indicates severe distress for this specific contract address.
A liquidity pool designed to trade Wrapped Ether against MRBASE tokens has effectively ceased functioning as an active market venue. This event occurred on the Base blockchain after the pair reached a maximum value of $57,309 before suffering a complete drawdown.
The Event Details
Monitoring systems detected this shift in status starting June 14, 2026 at roughly midnight UTC. The pool contract identified as 0x7b0faf75512b9125659480232be331ee878aff9b was deployed by wallet address 0xcdaedc225a7552c700d0829d69d43d2ecf13c046. At its height, the pool held significant capital for traders to swap assets between WETH and MRBASE.
Current Status
The financial position of this specific venue has deteriorated rapidly from that peak figure down to just $3 in remaining value. This represents a 100% reduction from the highest recorded amount, meaning any funds added after the initial setup have been removed or rendered inaccessible by the pool mechanics.
Market Implications
- The health score for this contract is currently rated at 20 out of 100.
- Risk flags associated with the on-chain data show no immediate external threats, yet the internal liquidity state suggests a drain event has occurred.
For users tracking Base ecosystem activity, this metric serves as an indicator that specific token pairs can vanish quickly. The drop from $57k to near zero illustrates how volatile small-cap pools on Layer 2 networks can be when their underlying assets are removed or the contract is abandoned by its deployer.