WETH/openhuman Pool on Base Loses All Liquidity
The trading pair between Wrapped Ether and the OpenHuman token on the Base network has effectively ceased functioning as its available funds have nearly vanished. This event marks a complete loss of capital relative to recent highs, leaving only three dollars in remaining value within the contract address 0xb4b4222964171903ce28c78ff1dd0d8f10adc4d3.
A liquidity pool designed to facilitate swaps between WETH and the OpenHuman token has suffered a total collapse. The contract address 0xb4b4222964171903ce28c78ff1dd0d8f10adc4d3 was last seen holding significant value before its current state, indicating that funds were removed entirely from the system.
The Numbers
At its height on June 21st of this year at roughly 20:45 UTC, the pool contained $61,378 in total assets. That drawdown represents a full 100% reduction from that peak level.
The Current State
Today, the same contract holds just three dollars of liquidity. A health score calculated for this specific event is currently twenty out of one hundred. While on-chain risk flags show as okay in some metrics, a pool with such low remaining value cannot support meaningful trading or price discovery.
What This Means
- The pair has effectively become dead capital.
- No new liquidity can be added to restore the previous depth.
This situation illustrates how quickly a Base chain token contract can transition from active use to abandonment. Investors who held tokens in this specific pool have likely lost their entire position, as there is no mechanism for them to reclaim funds once they are drained or removed by an external actor.