WETH/WCDOGE Pool on Base Collapses to Zero Liquidity

A specific liquidity pool on the Base blockchain has experienced a total collapse, losing all of its recorded value in a single event. The pool, which paired Wrapped Ether (WETH) with the WCDOGE token, reached a peak liquidity of $11,315 before draining completely. Current on-chain metrics indicate that the liquidity has fallen to exactly $0, marking a 100% drawdown from its highest point. This event was first detected on June 5, 2026, at 09:16:41 UTC, signaling a rapid and definitive loss of capital for the pool.

The Event Details

The incident involves the pool located at address 0xeaa5380a31d2dc791073c5fb294ba6c8b4692cdc. At the time of the event, the pool held significant real liquidity, but it has since vanished. The current status of the pool is listed as dead, meaning it is no longer functional for trading or providing liquidity. The health score for this specific pool has dropped to 20 out of 100, reflecting its critical and non-viable state. Despite the severity of the liquidity loss, the on-chain risk flags currently display as ok, which may indicate that the system has recorded the event without triggering a broader network-wide alert, or that the risk assessment model has not yet updated to reflect the total drain.

Pool Metrics and Status

Analysis of the data points highlights the stark contrast between the pool's potential and its current reality. The peak liquidity of $11,315 represented a moment of activity on the Base network, but the subsequent drop to $0 liquidity suggests a complete extraction of funds. The deployer wallet associated with the pool is currently listed as unknown, which often complicates post-event analysis and recovery efforts. The timeline of the event, starting from the first detection on June 5, 2026, provides a clear timestamp for when the liquidity vanished. This rapid transition from a functioning market pair to a dead pool underscores the volatility inherent in decentralized finance, particularly for newer or less established tokens like WCDOGE.

Implications for Traders

For participants monitoring the Base ecosystem, this event serves as a stark reminder of the risks associated with liquidity pools. The total loss of $11,315 in liquidity indicates that the funds were either removed by the deployer or drained through a mechanism that bypassed standard trading protections. The unknown status of the deployer wallet adds a layer of uncertainty, as there is no clear entity to hold accountable for the loss. While the on-chain risk flags remain marked as ok, the practical outcome for any user who attempted to interact with the pool after the collapse would have been a loss of funds. The health score of 20 further confirms that the pool is in a severely compromised state, effectively signaling to the market that the pair is no longer viable for investment or trading purposes.

• Pool Address: 0xeaa5380a31d2dc791073c5fb294ba6c8b4692cdc
• Chain: Base
• Pair: WETH/WCDOGE
• Peak Liquidity: $11,315
• Current Liquidity: $0
• Health Score: 20
• First Detected: 2026-06-05 09:16:41 UTC