WETH/ObolClaw Pool on Base Dries to $3 From $50,353 Peak
A specific liquidity pool on the Base chain involving WETH and ObolClaw has effectively ceased to function as a trading venue. The event data shows a dramatic reduction in available funds, leaving the pool with negligible reserves.
A liquidity pool on the Base network that previously held significant capital has now emptied to a near-zero state. The pair, consisting of WETH and ObolClaw, saw its total liquidity plummet from a recorded peak of $50,353 to a current value of just $3. This specific event occurred at the pool address 0x875aa61fb77d49d49920a95c1fadb2218b2a9c8b, which was first detected on June 11, 2026.
The Numbers
The magnitude of the change is best understood by comparing the initial high to the current reality. The drawdown represents a 100% loss from the peak, meaning the entire pool was drained. A health score of 20 out of 100 reflects this critical state, indicating the pool is no longer viable for standard trading operations. The deployer wallet associated with this contract is 0x1da2d48e960e8973308fc231121dc7c74d34f517.
What the Data Means
When a pool drops to $3, it implies that the liquidity is insufficient to support meaningful swaps. Users attempting to trade would likely face severe slippage or be unable to execute orders at all. The term "dead" accurately describes the current status, as the pool cannot absorb new orders without drastically altering the price of the assets. This situation often signals that the liquidity has been removed entirely, a common pattern in events where funds are withdrawn by the deployer.
Context and Flags
Despite the severe drop in liquidity, on-chain risk flags currently show as "ok" for the remaining contract structure. However, the functional utility of the pool is gone. The event highlights the volatility of new token pairs on Layer 2 networks like Base, where liquidity can vanish rapidly. Investors should treat such a drastic reduction as a definitive end to the pool's life, regardless of any remaining technical flags.
- Peak liquidity was $50,353.
- Current liquidity is $3.
- Health score is 20.