Base Pool SUPERGEMMA/WETH Drops to $3 From $53,383 Peak
A liquidity pool on the Base network involving SUPERGEMMA and WETH has effectively ceased operation. The pool, which once held over $53,000 in value, now contains only $3, representing a total drawdown from its peak.
A specific trading venue on the Base blockchain has transitioned from active use to a dormant state. The pool, identified by contract address 0xb97670a8ce6e4dcbd84ac6de7ffee309708a9dda, tracked the value of SUPERGEMMA paired against WETH. At its height, the pool held $53,383 in total liquidity. Today, that figure stands at $3.
The Numbers
The decline is absolute. The metric shows a 100% drawdown from the recorded maximum. In practical terms, this means the vast majority of the capital previously available for swapping has been removed. The pool is currently marked as dead, with a health score of 20 out of 100. This status indicates that the venue is no longer functional for standard trading activities.
What Happened
The event was first detected on June 12, 2026, at 16:10:23 UTC. The funds were moved by a deployer wallet at address 0x678f5364aec0675b6bc01c64413aaa3f05d2118d. While on-chain risk flags currently read as ok, the rapid depletion of funds suggests a deliberate removal of liquidity rather than a gradual market correction. This pattern is typical of a drain event where liquidity is extracted entirely.
Why It Matters
For a user looking to trade this specific pair, the opportunity has vanished. A pool with only $3 remaining cannot support meaningful transactions. The sudden shift from a healthy pool to a near-empty one highlights the volatility of decentralized finance venues. Investors should verify the current state of any pool before attempting to interact with it, as the remaining value is negligible compared to the initial capital.
- Peak liquidity was $53,383.
- Current liquidity is $3.
- Pool contract: 0xb97670a8ce6e4dcbd84ac6de7ffee309708a9dda.