WETH/NOK Pool on Base Collapses to Zero Liquidity
A specific liquidity pool for the WETH/NOK token pair on the Base blockchain has completely collapsed, losing all of its recorded value. The pool, which once held over $11,000 in assets, now shows zero liquidity and a health score of 20.
A liquidity pool designed to facilitate trading between Wrapped Ether (WETH) and the NOK token on the Base blockchain has effectively ceased to function. The data indicates a total loss of value, with the pool dropping from a peak liquidity of $11,140 to exactly $0. This event marks the complete removal of real liquidity from the market, rendering the pair unusable for standard trading purposes.
The Event Timeline
The collapse was first detected on the blockchain on June 10, 2026, at 20:11:17 UTC. At that specific moment, the pool identified by the address 0x633dabd5670d759144eb9a8ca3f883ca78cf1a35 underwent a drastic change in its state. The drawdown from its peak is recorded as 100%, meaning the entire amount of capital that was previously available for trading has vanished. The pool is now classified as dead, with a health score of 20 out of 100, indicating a critical failure in its operational status.
Understanding the Numbers
The magnitude of this event is best understood by looking at the raw figures. The pool started with a significant amount of capital, reaching a high of $11,140 in total value locked. However, the current liquidity is $0. In the context of decentralized finance, a 100% drawdown does not merely mean a bad day for the price; it means the pool is empty. When a pool drops to zero, it implies that all assets have been removed, likely through a drain or a rug pull, rather than a natural market fluctuation. The deployer wallet associated with this pool is 0xea7c4cd409f92e9e8c8f3b9f7281b1e2d6d07a11. While the on-chain risk flags currently show as ok, the structural collapse of the pool overrides standard risk metrics.
Implications for Traders
For a reader or trader observing this data, the primary takeaway is the sudden and total loss of the trading venue. A pool with zero liquidity cannot accept new deposits or facilitate swaps. If a user attempted to trade NOK against WETH in this specific pool after the collapse, they would find no counterparties and no assets to exchange. The health score of 20 serves as a warning indicator that the protocol is in a failed state. Investors who held positions in this pair prior to the event on June 10, 2026, have lost their ability to exit their positions through this specific route. The event highlights the volatility of small-cap token pairs on Layer 2 networks like Base, where a single action can wipe out an entire pool's value instantly.
- The pool address 0x633dabd5670d759144eb9a8ca3f883ca78cf1a35 is now inactive.
- Total value lost from peak to current state is $11,140.
- The event occurred on the Base blockchain.