WETH/PROS Pool on Base Collapses to Near Zero

A liquidity pool designed to facilitate trading between Wrapped Ether and the PROS token on the Base blockchain has suffered a catastrophic loss of value. The event was first detected on June 10, 2026, at 11:45:59 UTC. At that specific moment, the pool was already in a state of severe distress, having lost all meaningful capital since its peak performance. The current status of the pool is classified as dead, indicating that it no longer supports standard trading operations or holds sufficient reserves for users to execute meaningful transactions.

The Numbers

The magnitude of this event is best understood by comparing the pool's historical high with its current state. At its peak, the pool held a total liquidity value of $56,865. This figure represents the maximum amount of capital available for traders to swap assets at that time. Following the event, the liquidity has plummeted to a mere $3. This represents a drawdown of exactly 100% from the peak. In practical terms, a 100% drawdown means the pool has lost all of its original capital relative to the high-water mark. The remaining $3 is statistically insignificant and does not allow for any real trading activity. The health score for this pool is currently 20 out of 100, reflecting its poor condition. Despite the extreme drop in value, the on-chain risk flags associated with the deployment are currently marked as ok, which highlights the difference between technical deployment status and the actual economic viability of the asset.

What Happened

The deployment of this specific pool was handled by the wallet address 0xc35eb511268d06115c084cf1849dd4cc1d886413. The pool contract itself resides at address 0x14b7e0f59060aae0ecdfd0469ffeaf013924909c. The rapid transition from a functioning market to a dead pool suggests a sudden removal of liquidity. When a pool drops from $56,865 to $3, it typically indicates that the funds were drained or removed by the deployer or an external actor. This action renders the pool useless for new entrants who might have hoped to trade the PROS token against Ether. The timeline shows that the collapse was detected shortly after the initial deployment date, suggesting the event was immediate rather than a slow bleed.

Why It Matters

For investors and traders monitoring the Base ecosystem, this event serves as a stark reminder of the volatility inherent in decentralized finance. A pool that once held over $50,000 in value can vanish almost instantly. The remaining $3 in liquidity is so small that it cannot absorb any significant trade without causing extreme slippage. Consequently, any attempt to trade in this pair would likely result in the loss of the entire investment. The low health score of 20 confirms that the pool is in a critical state. While the on-chain risk flags show as ok, this metric often refers to the smart contract code rather than the economic health of the specific asset pair. Users should be aware that a pool with a 100% drawdown is effectively a lost opportunity, and the capital that once existed there is no longer accessible for standard market activities.

• The pool address 0x14b7e0f59060aae0ecdfd0469ffeaf013924909c is now considered dead.
• Total capital loss from peak liquidity amounts to $56,862.
• The deployer wallet 0xc35eb511268d06115c084cf1849dd4cc1d886413 is linked to this specific event.