WETH/WCLAW Pool on Base Collapses to Near-Zero Liquidity

A specific liquidity pool on the Base blockchain has undergone a catastrophic decline in value. The pair in question is WETH/WCLAW, and the event was first detected on June 9, 2026, at 15:04:49 UTC. The data reveals a stark transition from a functioning market to a dormant state, with the pool effectively ceasing to operate as a viable venue for trading.

The Collapse of Value

The most significant metric in this event is the drawdown from peak liquidity. At its highest point, the pool held $57,625 in total value locked. This figure represents the maximum amount of capital users could have deposited or traded within that specific smart contract. However, the current state of the pool shows a liquidity value of only $3. This represents a 100% drawdown from the peak. In plain terms, the entire pool of funds has been removed or drained, leaving behind a negligible remainder. A health score of 20 out of 100 further confirms that the pool is in a critical condition, far below the threshold of a healthy, active market.

Technical Details and Deployment

The pool operates at the address 0xc82e45b62651b5244b18b0b7bcab12fe1bd0ebf7. The smart contract responsible for managing this liquidity was deployed by the wallet address 0x04fedf9c529686b89185d8a64fbdddfcde3d110e. While the on-chain risk flags currently show as 'ok', this status often reflects the current state of the contract rather than the historical integrity of the funds. The 'ok' flag indicates that the contract code is still present and readable on the blockchain, but the economic reality is that the liquidity has vanished. The current status is listed as 'dead', meaning no new liquidity can be added and trading is effectively impossible for users seeking to enter or exit positions.

Implications for Users

For a reader analyzing on-chain data, the meaning of a 100% drawdown is clear: the pool is no longer a place for trading. The transition from $57,625 to $3 suggests that the liquidity providers or the protocol itself has been emptied. This is a common pattern in scenarios where a project fails to sustain interest or where funds are withdrawn rapidly. The low health score of 20 serves as a warning indicator that the asset or the platform associated with this pool has lost its operational viability. Users should be aware that attempting to interact with a pool with such a low health score and near-zero liquidity will likely result in failed transactions or significant slippage, as there is no depth to absorb trades.

• The pool address is 0xc82e45b62651b5244b18b0b7bcab12fe1bd0ebf7.
• The deployment wallet is 0x04fedf9c529686b89185d8a64fbdddfcde3d110e.
• The event occurred on the Base chain involving WETH and WCLAW.

Understanding these metrics helps investors distinguish between a temporary dip in a healthy market and a permanent loss of funds. The data does not suggest a partnership or a new listing, but rather the cessation of activity for this specific pair.