WETH/SPACEX Pool on Base Collapses Completely
On-chain data reveals that the WETH/SPACEX liquidity pool on the Base blockchain has completely drained, resulting in a 100% drawdown from its peak value. The event was first detected on June 6, 2026, leaving the pool with zero current liquidity and a health score of 16.
A significant event occurred on the Base blockchain involving the WETH/SPACEX trading pair. The pool, identified by the address 0x3fb2bf00d22ef7461c37fc6ffc4551e9d4d2721a, experienced a total loss of value. On-chain monitoring indicates that the liquidity present in the contract has vanished entirely, marking a definitive end to trading activity for this specific asset combination.
The Event Details
The collapse was first detected on June 6, 2026, at 05:44:53 UTC. At the time of the event, the pool held a peak liquidity of $10,088 in USD terms. Following the incident, the liquidity dropped to exactly $0. This represents a drawdown of 100% from the highest recorded value. The current status of the pool is classified as dead, meaning no new funds can be added or removed, and existing funds are inaccessible to normal traders.
Technical Metrics
Analysis of the pool's health reveals a score of 16 out of 100. This low score reflects the severe degradation of the pool's utility and value. The deployer wallet associated with the creation of this pool is 0x7cfc1994631a2f0bead1ef954e745f8dd925dbea. While the on-chain risk flags currently display as ok, the rapid transition from a functioning pool to a zero-liquidity state suggests an immediate and total extraction of funds occurred shortly after deployment or during a specific window of operation.
Implications for Traders
The sudden nature of this event highlights the volatility inherent in decentralized finance pools, particularly those involving newer or less established tokens like SPACEX on the Base network. The complete drain of $10,088 in value demonstrates how quickly a pool can transition from active trading to a non-functional state. Users interacting with this specific pool address should be aware that the contract is now inactive. The data confirms that the pool has been emptied, leaving no residual liquidity for market participants.
- Pool address: 0x3fb2bf00d22ef7461c37fc6ffc4551e9d4d2721a
- Chain: Base
- Pair: WETH/SPACEX
- Peak Liquidity: $10,088
- Current Liquidity: $0
- Health Score: 16
Investors and traders must remain vigilant when entering positions in pools with low health scores or those that have recently experienced significant drawdowns. The fact that the deployer wallet remains active in the data does not guarantee the safety of the pool, as the funds have already been removed. This event serves as a concrete example of the risks associated with providing liquidity in high-volatility environments.