CryptoRanks

WETH/Atomic Pair On Base Dries Up After $58k Peak

Base Published: 4d ago ·

The WETH/Atomic trading pair on the Base blockchain experienced a total loss of liquidity following a peak valuation. Current data indicates that funds previously available for swapping have effectively vanished from the pool contract.

A specific decentralized exchange pool involving Wrapped Ether and Atomic tokens on the Base network has transitioned to a non-functional state. The event was first detected by monitoring systems at 05:50 UTC on June 21, 2026. At that moment, the contract address 0x174f5349f104b7f8f18de1c8d92924a02815404b, deployed by wallet 0x8c1579d074ef5ff1b300d3768a1bc407881b0772, held a significant amount of capital. Today, that same contract contains only three dollars in remaining value.

The Numbers Behind The Drop

Historical records show the pool reached its maximum capacity at $58,830 before the event occurred. This represents a drawdown of exactly 100% from the peak figure. In practical terms, this metric means that every single dollar previously available for traders to swap has been removed or drained from the contract.

Understanding The Impact

The health score assigned to this pool is currently twenty out of one hundred, reflecting its poor condition after the event. While on-chain risk flags remain marked as okay in terms of technical status, a liquidity figure near zero renders the pair useless for standard trading activities.

What To Watch

  • The deployer wallet address associated with this contract is now empty regarding liquid reserves.

Readers should note that when a pool drops from nearly sixty thousand dollars to three, it indicates the complete withdrawal of funds. This situation typically occurs when liquidity providers withdraw their assets or if an external party drains the reserve entirely. The current status confirms the pair is effectively dead for active use on Base.