WETH/SUPERGEMMA Base Pool Loses All $54k Liquidity

A specific trading venue for the WETH/SUPERGEMMA pair on the Base network has effectively ceased functioning. The event was first detected by monitoring systems at 13:13 UTC on June 18, 2026. At that moment, the pool contained a substantial amount of capital before it vanished almost entirely.

The Event Details

Historical data indicates the pair reached its highest recorded value shortly after launch. The total assets available for trading peaked at $53,845 in United States dollars. This figure represented a healthy level of depth for a new decentralized finance project on Layer 1 networks.

The Numbers

Following the initial peak, the value recorded by the system plummeted to just three dollars. A drawdown calculation shows this represents a one-hundred percent reduction from the high point. In practical terms, any user attempting to trade against that specific contract address would find no counterparties and zero slippage protection.

Implications for Traders

The health score assigned to this venue is currently twenty out of one hundred, reflecting its precarious state despite the on-chain risk flags showing as okay. This discrepancy highlights that standard automated checks may not always detect a rapid drain event in real time.

• Traders should verify pool depth before executing large orders
• A health score below fifty suggests extreme caution is warranted
• Liquidity vanishing does not necessarily mean the underlying token has value

The deployer wallet associated with this contract holds the address 0x900de2771fcf77531f19e4245a59ed9594b2969a. The pool itself is identified by the hash 0x8f904ecf99e7d07dcdaa32d5f7c545193aacb2a9. Market participants must remember that a swap involving such a pair could result in significant loss if liquidity disappears instantly.