WETH/RH Liquidity Pool on Base Collapses Completely
On-chain data reveals that a specific WETH/RH liquidity pool on the Base blockchain has experienced a total collapse, with liquidity falling from a peak of $10,891 to $0. The event was first detected on June 5, 2026, and the pool is now classified as dead with a health score of 20.
A specific liquidity pool on the Base blockchain has suffered a total collapse, resulting in the complete loss of its recorded value. The pool, identified by the address 0xdb89421ab920f675afe89485d820b7fdd9f03a46, previously held real liquidity before its value dropped to zero. This event marks a significant shift in the state of the WETH/RH trading pair on the network, moving from an active state to a dead status within the ecosystem.
The Event Details
The collapse of the pool was first detected on the chain at 16:53:39 UTC on June 5, 2026. At the time of the event, the liquidity within the pool had reached a peak value of $10,891 in USD terms. Following the detection of the event, the liquidity drained entirely, leaving the pool with a current value of $0. This represents a drawdown of 100% from its highest point. The deployer wallet associated with this specific pool is 0x0bca44aa80fe87069ce3669ec447d7b600a58b41. The sudden transition from holding real liquidity to a zero-value state indicates a rapid change in the pool's health.
Current Health Metrics
Following the total drain of the liquidity, the pool's health score has been updated to 20 on a scale of 0 to 100. This low score reflects the current state of the pool, which is now considered dead. Despite the on-chain risk flags currently showing as ok, the structural integrity of the pool has been compromised by the loss of all funds. The pair WETH/RH on Base is no longer functional for trading or providing liquidity in its previous capacity. The metrics confirm that the pool has ceased to operate as a viable market mechanism.
Implications for the Ecosystem
The complete loss of $10,891 in liquidity highlights the volatility inherent in decentralized finance pools, particularly those involving newer or less established tokens like RH. The fact that the pool went from a peak to zero suggests a rapid exit of funds, which can occur through various mechanisms including liquidity extraction or a drain event. Users and developers monitoring the Base chain must remain vigilant when interacting with pools that show such drastic fluctuations. The current status of the pool serves as a data point for analyzing the stability of the WETH/RH pair and the broader Base network.
- Pool address: 0xdb89421ab920f675afe89485d820b7fdd9f03a46
- Deployer address: 0x0bca44aa80fe87069ce3669ec447d7b600a58b41
- Peak liquidity: $10,891
- Current liquidity: $0
- Health score: 20
The data confirms that the pool is no longer active. The drop from a peak liquidity of $10,891 to $0 is a definitive indicator of the pool's failure. This event underscores the importance of monitoring on-chain metrics for early detection of liquidity issues. The health score of 20 provides a quantitative measure of the pool's current standing, which is significantly below optimal levels. The event occurred on June 5, 2026, and has since been recorded in the historical data of the Base blockchain.