WETH/openhuman Pool on Base Collapses to $2
On-chain data reveals a significant contraction in a specific liquidity pool on the Base blockchain. The pair, consisting of WETH and openhuman, experienced a total loss of value from its highest recorded level.
On the Base blockchain, a specific liquidity pool involving the WETH token and the openhuman token has undergone a drastic change in its financial status. The pool, identified by the contract address 0x5c6d7a5b22d57eb744f4296aa7627918d77598dc, recorded its highest level of liquidity at $53,190. However, recent on-chain measurements indicate that the pool has effectively collapsed, with current liquidity standing at only $2. This represents a drawdown of exactly 100% from its peak value.
The Event Timeline
The event was first detected on the blockchain at 23:40:33 UTC on June 5, 2026. At this point, the pool was already showing signs of severe distress. The data suggests that the liquidity that once supported trading and swaps for these specific assets has been removed or drained from the contract. The current health score for this pool is recorded at 16 out of 100, indicating a critical state of health for the liquidity pair.
Pool Contract Details
The specific contract responsible for this liquidity event is 0x5c6d7a5b22d57eb744f4296aa7627918d77598dc. The wallet address associated with the deployment of this pool is 0x6829bb6682e65ce69c24000999133af47c4888bc. While the on-chain risk flags currently show as ok, the drastic reduction in liquidity suggests that the operational viability of the pool has ceased. The transition from a functional pool to a dead one occurred rapidly after the initial detection date.
Implications for Traders
Traders monitoring the Base chain must be aware of the status of this specific pair. A liquidity pool with only $2 remaining cannot support meaningful trading activity or provide adequate slippage protection for users. The 100% drawdown means that any capital previously deposited into this specific pool has been lost or withdrawn. Users attempting to interact with this contract may find it impossible to execute trades or may face significant losses if they are still holding assets within the pool. The data confirms the pool is currently dead, with no active liquidity to support the WETH/openhuman exchange rate.
- Peak liquidity was $53,190.
- Current liquidity is $2.
- Health score is 16.
- Event detected on 2026-06-05.
The collapse of this pool highlights the volatility inherent in decentralized finance, particularly for smaller or newer pools on Layer 2 networks like Base. The rapid shift from a healthy liquidity state to a collapsed state underscores the importance of monitoring on-chain metrics continuously. Investors should exercise caution when dealing with pools that have recently experienced such severe drawdowns, as the risk of further loss or inability to exit positions remains high.