RELIQT/WETH Base Pair Loses All $64k Liquidity
The RELIQT token paired with WETH on the Base network experienced a total loss of its recorded liquidity. The pool peaked at $64,256 before falling to only three dollars within hours.
A specific trading venue for the RELIQT token on the Base blockchain has effectively ceased normal operation. The pool identified by contract address 0x724bc0fa5a17a44e29b541fe21d5c7aeebb4e390 was deployed by wallet 0x43bbb313056f7fd15ecbb77c5cf10562c8dcce64. On-chain monitoring detected this drastic shift in status on June 15, 2026.
The Numbers
Just days prior to the event, the pool held a substantial amount of capital for its size class. The maximum recorded value was $64,256. This figure represents the total assets available in both tokens at that moment. Currently, the same venue holds only three dollars in combined liquidity.
What Happened
The drawdown from peak to present is 100%. In practical terms, this means every single dollar previously sitting in the pool has been removed or swapped out for WETH. A drop of this magnitude indicates that a trade occurred which was larger than the entire remaining balance of the venue.
- Peak liquidity reached $64,256
- Current liquidity stands at $3
- The health score dropped to 20 out of 100
Why It Matters
This event illustrates the extreme volatility inherent in smaller decentralized finance markets. When a pool shrinks from tens of thousands to single digits, it becomes unusable for standard trading because there is insufficient depth to execute orders without massive slippage.
The health score now sits at 20, signaling severe distress despite on-chain risk flags showing no immediate technical errors in the smart contract code itself. Traders must recognize that a healthy-looking pool can vanish instantly if one participant moves enough tokens to drain it entirely.