WETH/DOME Liquidity on Base Drops From $59k Peak
The WETH/DOME liquidity pair on the Base network experienced a severe contraction recently. What began as a functioning market for swapping Wrapped Ether and DOME tokens has effectively ceased operations with negligible remaining funds.
A specific trading venue for WETH and DOME on the Base blockchain underwent a dramatic change in status recently. The pair operated normally until June 2026, when its available capital vanished almost entirely within hours.
The Numbers
At its height, this pool held $59,353 worth of assets for traders to swap between the two tokens. By mid-June 2026 at 09:49 UTC, that figure had plummeted to just three dollars. This represents a drawdown exceeding 100% relative to recent activity levels.
What Happened
The event was detected on-chain by monitoring systems shortly after the initial drop occurred. The pool contract address is 0xe991ec973ac8c895d560aa3a8e001a724a025d7e, and it was deployed by wallet 0x52eb2edbc1d8963a7e8a5ebbebf9cad034310fc4. The rapid loss of funds suggests a sudden removal of liquidity rather than organic market movement.
Current Status
The health score for this venue is currently rated at 20 out of 100, indicating significant distress despite the on-chain risk flags showing as ok. For investors, this means that attempting to exit a position now would likely result in receiving almost nothing back.
What To Watch
- The pool is effectively dead with no meaningful volume remaining.
- Funds were removed faster than they could be replenished by natural trading.