$51K WETH/WCG Base Pool Liquidity Hits Zero
On-chain data reveals that a specific trading pair involving Wrapped Ether and WCG tokens on the Base network is now completely empty. The event marks a total loss of liquidity from its highest recorded level shortly after deployment in June 2026.
A trading pair designed to facilitate swaps between Wrapped Ether and WCG tokens on the Base blockchain has completely emptied. The event was first detected at noon UTC on June 20, 2026, marking a definitive end for this specific market venue.
The Numbers
At its height, the pool held $51,760 in total liquidity before vanishing. The current status shows zero dollars remaining within the contract at address 0x98cb004a07b1a6f3ef22dd939edc73ea6a209f72. This represents a drawdown of exactly one hundred percent from its peak value.
Pool Health
The health score for this venue is currently twelve out of one hundred, indicating severe distress or inactivity following the drain. Despite these metrics and the complete loss of funds, on-chain risk flags associated with the deployment wallet at 0x566369d20e5fdb6f3aeedcbae460e5406e6e30eb currently show as okay.
What to Watch
This situation highlights how quickly a specific trading venue can disappear on the Base chain. When liquidity drops by this magnitude, it effectively removes that pair from active use for standard traders seeking depth. The sudden transition from a functioning market with over fifty thousand dollars in value to an empty state suggests a rapid removal of funds or a structural change preventing further swaps.
- Total loss occurred within the first day after detection
- Pool contract address remains visible but inactive
- Risk flags did not trigger alerts prior to the event