ASB/WETH Pair on Base Drops From $61k Peak
The ASB/WETH trading pair on the Base network experienced a severe reduction in available funds, falling from a high point to near zero. This event marks the end of active liquidity for this specific contract address following an initial deployment in June 2026.
A trading venue on the Base blockchain has effectively ceased operations after losing nearly all its capital. The ASB/WETH pair reached a maximum value of $61,751 before draining down to just three dollars. This represents a complete loss of utility for traders looking to exchange these specific assets at this location.
The Event Details
On-chain monitoring identified the issue on June 22, 2026, shortly after 06:46 UTC. The pool contract located at address 0x9f41acf7cdfbc7f475fb92652cf563abc90d1e5f was deployed by wallet 0x0a35a071fe81dd3784b6965ea68e493261b4f545. While automated risk flags currently show no immediate threats, the health score for this specific venue has dropped to a critical twenty out of one hundred.
Understanding the Drawdown
The metric showing a 100% drawdown indicates that the remaining funds are insufficient to facilitate any meaningful trade. In practical terms, the pool is empty relative to its previous size. A drop from sixty-one thousand dollars to three dollars means there is no depth left for market participants. This specific swap event renders the contract functionally dead.
What Traders Should Note
- The pair has lost all significant liquidity since June 2026.
- Funds remaining in the pool are negligible at three dollars.
- Risk indicators remain neutral despite the loss of capital.
This situation highlights how quickly a specific trading venue can become unusable. Users attempting to access this address will find no viable counterparties for their orders, effectively ending any potential arbitrage or exchange opportunities associated with these tokens on Base.