Base COOK/WETH Pool Collapses to Zero Liquidity

A specific liquidity pool on the Base blockchain has experienced a total collapse, resulting in a complete loss of its recorded liquidity. The pool, identified by the address 0x8821c9089d2c5a33ff8188e504bab2cc70246ea6, was tracking the price action between the COOK token and the WETH stablecoin. On-chain data indicates that the pool has transitioned from a state of active operation to a dead status, effectively removing it from the market for new participants.

The Event Timeline

The collapse was first detected on June 10, 2026, at 16:05:11 UTC. At that moment, the pool held a peak liquidity of $11,728 in USD value. Following this detection, the liquidity dropped to $0. This represents a drawdown of exactly 100% from the peak. The deployer wallet associated with this event is 0x36d431b30799e1b0188310682706c4b72f4e5235. The rapid transition from a functioning pool to a zero-value state suggests a sudden removal of assets or a mechanism that drained the liquidity entirely.

Understanding the Metrics

When a pool shows a drawdown of 100%, it means the current liquidity is zero. In practical terms, a pool with zero liquidity cannot facilitate trades because there is no capital available to match buy or sell orders. The health score for this pool is currently recorded as 20 out of 100, reflecting its poor condition. While the on-chain risk flags are marked as ok, the metric of zero liquidity overrides other indicators, signaling that the pool is no longer viable for trading. The fact that the pool held real liquidity at its peak confirms that the collapse was not a result of the pool never existing, but rather a sudden event that emptied it.

Implications for Traders

For a reader analyzing this data, the primary takeaway is the sudden nature of the event. A pool that goes from $11,728 to $0 in a short window indicates a high-risk environment. The current status is listed as dead, which means the contract may still exist on the blockchain but is functionally useless for providing liquidity or trading. Investors who might have been looking at the COOK/WETH pair on Base need to be aware that this specific venue is no longer operational. The data does not suggest a partnership or a legitimate price adjustment, but rather a total cessation of the pool's function.

• The pool address 0x8821c9089d2c5a33ff8188e504bab2cc70246ea6 is now inactive.
• Peak liquidity of $11,728 has been fully lost.
• The deployer wallet 0x36d431b30799e1b0188310682706c4b72f4e5235 is linked to the event.

Understanding these numbers helps users avoid attempting to trade on a pool that has already been drained. The distinction between a healthy pool and a dead one is critical for risk management. By focusing on the liquidity figures and the current status, traders can make informed decisions about which pools to avoid. The data confirms that the COOK/WETH pair on this specific pool has ceased to function as a liquidity source.