WETH/HPE Liquidity Pool on Base Collapses Completely

On-chain monitoring has identified a significant event regarding a specific liquidity pool on the Base blockchain. The pool in question is identified by the contract address 0xea045b5f98b389d61bb89c24da90a11ee6349e28 and facilitates trading between WETH and HPE tokens. Data indicates that this specific asset pair has reached a critical state where its liquidity has vanished entirely.

The Event Details

The incident was first detected on the blockchain at 07:30:57 UTC on June 6, 2026. At that moment, the pool was operational but subsequently underwent a drastic change in its financial state. The liquidity that was previously available for traders to enter and exit positions has been removed from the pool. This removal of funds is often associated with a drain event or a liquidity extraction that leaves the pool unable to function for standard trading purposes. The current status of the pool is recorded as dead, indicating that no further liquidity is being added or withdrawn through normal mechanisms.

Quantitative Analysis

The magnitude of the event is defined by the stark contrast between the pool's historical performance and its current state. At its peak, the pool held a total liquidity value of $10,519 in USD terms. This figure represented the maximum capital available for market participants to trade the WETH/HPE pair. Following the event, the liquidity has dropped to exactly $0. This represents a drawdown of 100% from the peak value. The health score assigned to this pool is currently 20 out of 100, reflecting its compromised state. Despite the on-chain risk flags currently showing as ok, the zero liquidity status suggests a fundamental breakdown in the pool's viability.

Implications for the Deployer

The wallet responsible for deploying this specific pool is identified as 0xf309a5c6ea2332635ef04df20c7e17fc089d0cdf. This address initiated the creation of the pool at contract 0xea045b5f98b389d61bb89c24da90a11ee6349e28. The sudden transition from a functioning pool with over $10,000 in assets to a zero-liquidity state highlights the volatility inherent in decentralized finance protocols. While the risk flags remain technically ok, the practical utility of the pool has ceased. Traders and observers must note that a 100% drawdown signifies the complete loss of the liquidity buffer that supported the trading pair. This event serves as a data point for analyzing liquidity sustainability on the Base network, particularly for smaller capital pools that are more susceptible to rapid depletion.

Current Status and Monitoring

As of the latest data update, the pool remains in a dead state with no active liquidity. The health score of 20 further underscores the severity of the situation compared to a healthy pool which would typically score near 100. The timeline of the event, starting from the first detection on June 6, 2026, provides a clear window for when the collapse occurred. This information is crucial for investors tracking the HPE token on Base, as the loss of liquidity can impact the token's price stability and trading volume. The absence of liquidity means that users cannot execute trades at the previous market depth, effectively halting the specific trading pair until new liquidity is potentially added by a new deployer or a different mechanism.