CryptoRanks

$3 Remains After WETH/openhuman Pool on Base Hits $55k Peak

Base Published: 4d ago ·

The openhuman/WETH pair on the Base network experienced a total loss of value within its smart contract reserves. What began as a functioning market for swapping assets now holds negligible funds following an extreme drawdown from its initial peak.

A liquidity pool designed to facilitate swaps between WETH and openhuman tokens on the Base blockchain has effectively ceased operation. The contract at address 0x7c6b7622d266117aa76b0f35662a0f35662a0ad7d6938 once supported significant market depth but now contains only three dollars in total value. This drastic reduction indicates that the mechanism for exchanging these assets is no longer viable for standard users.

The Event Timeline

Monitoring data shows the pool reached its maximum capacity on June 14, 2026, at approximately noon UTC. At that moment, the contract held $55,763 in combined liquidity across both assets. Shortly after this peak, funds were removed from the system entirely.

Current Status

The health score for this specific pool has fallen to 20 out of a possible 100 points, reflecting its deteriorated state. While on-chain risk flags currently display as okay, the operational reality is that the liquidity provider and market maker have withdrawn their capital.

Implications

  • The drawdown represents a complete loss of value relative to the peak amount.
  • Funds are now concentrated in a single wallet rather than distributed across the pool.

This situation is common when liquidity providers exit positions rapidly. The remaining $3 suggests that either small fees were paid out or negligible amounts remained behind after the bulk was drained by an external actor. For traders, this means the pair can no longer be used to swap tokens without potentially causing a massive price impact on whatever tiny reserves exist.

What to Watch

The deployer wallet associated with this contract is 0x8d08342628284e22be5cc3b99d4d63d0c0446657. Observers should note that the event occurred on June 14, marking a definitive end to the pool's utility.