WETH/ClawBank Pool on Base Collapses 100% From Peak

A specific liquidity pool on the Base network has undergone a severe contraction, losing nearly all of its recorded value in a short period. The pair, identified as WETH/ClawBank, reached a peak liquidity of $55,153 before experiencing a total collapse. Current metrics indicate that the pool now holds only $3 in liquidity, representing a 100% drawdown from its maximum. This event marks the pool as currently dead, with a health score of 20 out of 100, signaling a critical state for any participants or observers tracking this specific asset pair.

The Event Timeline

The decline of this pool was first detected on the blockchain on June 7, 2026, at 08:49:39 UTC. The data points to a specific deployer wallet, identified as 0xec0ae4bfb7fa5b6dddc95bd34c2ef4e3e7cad2c0, which was responsible for the initial deployment of the contract. The contract address associated with this specific pool is 0x828f4c54a7f5e53a63e991d95058b8bc01f81dac. Since the initial detection, the liquidity has evaporated, leaving the pool in a state that analysts classify as dead. The rapid transition from a functioning market to a non-functional one suggests a sudden removal of assets or a structural failure within the pool mechanics.

Current Pool Metrics

Analysis of the on-chain data provides a stark contrast between the pool's potential and its current reality. At its peak, the pool held $55,153 in total value locked, which would have allowed for standard trading operations and liquidity provision. However, the current liquidity stands at a negligible $3. This massive reduction in available capital means that the pool can no longer support meaningful trades. The health score for this pool is recorded at 20, a figure that reflects the severe degradation of its operational status. While the on-chain risk flags are currently marked as ok, the liquidity metrics themselves serve as a primary indicator of the pool's failure.

Implications for Observers

The collapse of this specific WETH/ClawBank pool serves as a case study in the volatility of decentralized finance pools on the Base network. When a pool drops to 100% drawdown, it effectively removes the asset from active circulation within that specific contract. Users attempting to interact with this pool would find it unable to facilitate transactions due to the lack of liquidity. The deployer wallet remains active in the system, but the specific contract instance has ceased to function as a viable market. This event highlights the importance of monitoring liquidity levels and health scores when evaluating the stability of any given trading pair on a blockchain.

• Peak liquidity was $55,153 before the collapse.
• Current liquidity is reduced to $3.
• The pool is now classified as dead with a health score of 20.
• The event was first detected on June 7, 2026.