WETH/MRBASE Pool on Base Loses All Liquidity
The WETH/MRBASE trading pair on the Base network experienced a total loss of value within its smart contract. Liquidity that once reached almost $59,000 is now valued at just three dollars.
A specific liquidity pool on the Base blockchain has effectively ceased to function as a trading venue. The contract identified by address 0x863e110fe5b23ba0a6021fe8b9d57bed9229c400 was deployed at timestamp UTC 2026-06-21 11:03:59. While the system flags currently show no active risk alerts, the economic reality of the pool is stark.
The Numbers
At its height, this specific venue held $58,941 in total value locked for traders to swap assets between WETH and MRBASE. That drawdown represents a 100% reduction from that peak figure. The current state shows only three dollars remaining inside the contract.
What Happened
This event is technically defined as a drain or rug pull, where all assets are removed by an actor with control over the pool mechanics. A health score of 20 out of 100 reflects this critical failure state. The deployer wallet associated with this contract holds address 0xa04142014df42d8e9adf1b968d3ae61421ee830b.
Market Impact
The disappearance of nearly $59,000 in capital means that any attempt to trade this pair would result in a loss for the user. Investors who held MRBASE hoping to swap it against WETH have lost their ability to exit positions through this specific route.
- Pool address: 0x863e110fe5b23ba0a6021fe8b9d57bed9229c400
- Total loss percentage: 100%