WETH/Flovia Pool On Base Loses All Liquidity
The WETH/Flovia liquidity pool on the Base network experienced a total loss of value, dropping from a high of $63,655 to just $3. This event marks a complete drain where nearly all available funds were removed in a single operation.
A trading pair between WETH and Flovia on the Base blockchain has effectively ceased to function as an active market. The pool currently holds only $3 in total value after a massive outflow removed nearly all assets from the contract.
The Event Details
On-chain data confirms that the liquidity vanished between June 16 and early morning hours of June 17, 2026. The pool address 0x723e9d3882bfffce9844a4b21a01a196fcfaf1ad, deployed by wallet 0x0c7cc8a185ac723519789d91c593dfef509e2f9b, saw its health score plummet to 20 out of 100. This indicates the pool is no longer viable for standard trading.
Understanding The Numbers
The magnitude of this event is defined by a drawdown that exceeds typical market volatility. At one point, users could trade against $63,655 worth of capital. That figure represents the entire depth of the tank before it was emptied.
- Peak liquidity reached exactly sixty-three thousand six hundred fifty-five dollars.
- The current state shows only three dollars remaining in the contract.
- This implies a single transaction or coordinated series of moves removed 100% of the available funds.
A drop to this level means any new user attempting to swap would receive almost nothing. The pool is now considered dead, as there are no counterparties left on either side of the order book. While risk flags currently show 'ok', a health score below 50 usually signals that the protocol has been compromised or abandoned.
What To Watch
Readers should note that this specific incident involves Flovia, a token on Base where liquidity can vanish rapidly. The deployer wallet remains active in other contexts, but its role here is unclear without further investigation into the transaction logs for that date.