CryptoRanks

WETH/CLAUDE Pool on Base Collapses to Zero Liquidity

Base Published: 13d ago ·

The WETH/CLAUDE liquidity pool on the Base blockchain has experienced a total collapse, dropping from a peak of over $10,000 to zero liquidity. This event marks the transition of the asset pair from an active trading venue to a dead pool with a significantly degraded health score.

The WETH/CLAUDE liquidity pool on the Base network has reached a critical state, recording a drawdown of 100% from its highest recorded value. On-chain data indicates that the pool, identified by the address 0x04df47f5888f4a9a36466881287575d7b11eeb48, has completely lost its liquidity. This event was first detected on June 10, 2026, at 05:01:57 UTC, signaling the moment the pool ceased to function as a viable venue for trading or providing liquidity.

The Collapse Metrics

At the height of its activity, the pool held a total liquidity value of $10,153 in USD terms. This figure represents the combined value of the WETH and CLAUDE tokens deposited by users into the smart contract. However, the current status of the pool shows a liquidity value of exactly $0. A drawdown of 100% means that the entire amount of capital previously available in the pool has been removed. In practical terms, this implies that every single dollar of liquidity that was there has vanished, leaving no funds available for new entrants or existing holders to swap against.

Health and Risk Indicators

Following the total loss of liquidity, the pool's health score has plummeted to 20 out of 100. This metric serves as a warning signal for users attempting to interact with the contract. While the on-chain risk flags currently display as 'ok', the structural reality of the pool is that it is dead. A health score of 20 suggests severe degradation, likely due to the inability to execute trades or the risk of impermanent loss for any remaining locked assets. The deployer wallet associated with this event is 0x6e0d9d667e6c461d4a2ea4d22242f708f666b629, which initiated the creation of this specific liquidity pair before the funds were drained.

Implications for Users

For a reader analyzing this data, the primary takeaway is the sudden nature of the liquidity exit. When a pool drops from $10,153 to $0, it indicates a rapid extraction of funds, often referred to as a drain or rug. The fact that the pool is now dead means that any user attempting to add liquidity or trade against the CLAUDE token in this specific pair will find the contract empty. This scenario highlights the volatility of new token pairs on Layer 2 networks like Base, where liquidity can vanish quickly. Investors should treat such a 100% drawdown as a definitive signal to avoid the pair entirely, as the mechanism for trading has effectively been removed from the market.

  • Peak liquidity was $10,153 before the event.
  • Current liquidity is $0, indicating a total collapse.
  • The health score is now 20, reflecting a near-failed state.
  • The event occurred on June 10, 2026, at 05:01:57 UTC.

Understanding these specific numbers helps users distinguish between a temporary dip and a permanent loss of value. In this case, the loss is total, and the pool will likely remain inactive unless new capital is injected by a different entity, which is not currently indicated by the data.