CryptoRanks

WETH/openhuman Pool on Base Dries to $2 From $54,010 Peak

Base Published: 10d ago ·

A liquidity pool on the Base network involving WETH and openhuman tokens has experienced a severe drawdown, falling from a peak of $54,010 to $2. The event occurred on June 11, 2026, leaving the pool with a health score of 20.

A specific liquidity pool on the Base blockchain has effectively ceased to function as a trading venue. The pair, consisting of WETH and openhuman tokens, saw its available liquidity plummet from a recorded peak of $54,010 to a mere $2. This drastic reduction indicates that the vast majority of funds previously sitting in the contract have been removed or rendered inaccessible.

The Event Timeline

The shift from a healthy market to a depleted state was detected on June 11, 2026, at 15:20:35 UTC. At that moment, the pool associated with contract address 0x9217d7685863e33bb0a4602d2e6eaa342d0aa2d8 showed signs of collapse. The deployer wallet responsible for the initial setup is 0x672739c8c0a705d56c4f7e31a0a152d7456e1113. While the on-chain risk flags currently show as ok, the operational reality of the pool suggests a significant loss of utility.

Understanding the Drawdown

The term "drawdown" here refers to the total loss of usable capital. A drop from $54,010 to $2 represents a 100% loss of the pool's original depth. In practical terms, this means a trader attempting to swap tokens into this pool would receive almost nothing in return. The remaining $2 is negligible and does not support meaningful market activity. This situation is often described as a rug pull or a drain, where liquidity is extracted rapidly.

Current Health Status

The pool now carries a health score of 20 out of 100, reflecting its poor condition. Investors should note that the contract address 0x9217d7685863e33bb0a4602d2e6eaa342d0aa2d8 is no longer a viable place for entering or exiting positions. The extreme volatility and the near-total disappearance of funds highlight the risks associated with low-volume pairs on Layer 2 networks like Base.

  • Peak liquidity was $54,010.
  • Current liquidity is $2.
  • Event date: June 11, 2026.