$63K Liquidity Vanishes From WETH/VERLO Pool
A trading pair for VERLO tokens on the Base network has completely lost its liquidity following a significant outflow. The pool's value dropped from over $63,000 to just three dollars.
A specific decentralized exchange contract hosting WETH and VERLO trades experienced a total loss of capital shortly after mid-June 2026. This event marks the complete disappearance of funds that were previously available for swapping between Ethereum wrapped tokens and this new asset on the Base blockchain.
The Event Details
On June 17, 2026 at 02:46 UTC, a sudden movement removed nearly all assets from the contract. The pool address 0x11c22384f941929e6c330e40966c7267b2e6566e, deployed by wallet 0x75ff..., saw its health score plummet to a critical level of 20. This indicates the contract is effectively non-functional for standard trading purposes.
Financial Impact Analysis
The magnitude of this incident can be understood through the sheer scale of the drawdown relative to previous activity levels. At its peak, the pool held $63,491 in total value locked within it. Following the event recorded by our monitoring systems, that figure is now just $3.
When a metric shows a 100% drop from such a high point, it signifies an outflow larger than the entire existing pool balance at any given moment prior to the incident. This suggests either a massive single transaction or multiple coordinated withdrawals emptied the contract instantly. Such events typically render the token pair unusable for new entrants.
What To Watch
- The deployer wallet address associated with this specific pool is 0x75ff163a4b367f315da5992bbd6b4969defa3d01.
- Risk flags currently show as ok, though the liquidity status remains critical.
Users attempting to interact with this pair will find no assets available for exchange. The rapid transition from a functioning market maker to an empty shell highlights the volatility inherent in new token launches on Layer 2 networks like Base.