CryptoRanks

Workbench/WETH Pool On Base Loses All Liquidity

Base Published: 4d ago ·

A liquidity pool for the Workbench token paired against WETH on the Base network experienced a total loss of its funds. The event marks a transition from holding over fifty-eight thousand dollars in assets to retaining only three dollars today.

The Workbench/WETH trading pool on the Base blockchain has effectively ceased operations. Data indicates that the contract at 0xcd0dec777b5460c583f511a66eb4ab24d46639d5 once supported significant market activity but now holds negligible value.

The Numbers

At its highest point, this specific liquidity pool contained $58,537 worth of assets. Since that peak was reached on June 16, 2026, the total value available for trading has plummeted to just $3. This represents a drawdown from the maximum level recorded in the system's history.

What Happened

The rapid reduction suggests that either all funds were removed by an operator or users withdrew their positions entirely, leaving behind only dust tokens worth three dollars. The deployer wallet associated with this contract is 0xf9ba78df58792e4022e72ea0fc25d1a0dac3d5b1.

Current Status

The health score for the pool has fallen to a low of twenty out of one hundred, signaling severe distress. While on-chain risk flags currently show as okay, such extreme volatility often precedes further issues or confirms that trading is no longer viable for participants.

What To Watch

  • The remaining $3 in the pool offers little utility for new entrants.
  • A health score of twenty indicates high risk for any future interaction with this pair.