CryptoRanks

WETH/SEAS Pool on Base Collapses to Zero Liquidity

Base Published: 12d ago ·

The WETH/SEAS liquidity pool on the Base blockchain has completely drained, resulting in a 100% drawdown from its peak value. This event marks the transition of the asset from a state of active trading to a dead pool with no remaining liquidity.

A significant event occurred on the Base blockchain involving the WETH/SEAS trading pair. The liquidity pool associated with this pair has completely collapsed, dropping from a peak value to zero. This specific incident was first detected on June 8, 2026, at 23:53:43 UTC. The data indicates that the pool is now considered dead, with a health score of 20 out of 100. This situation represents a total loss of the funds that were previously deposited into the contract.

The Scale of the Collapse

The magnitude of this event is defined by the total drawdown percentage. The pool experienced a 100% drawdown from its peak. In practical terms, this means that the entire amount of capital sitting in the pool has been removed. The liquidity, which once stood at $12,597 in USD value, is now $0. When a drawdown reaches 100%, it signifies that the pool is empty. There is no remaining capital for traders to swap assets against. The current status of the pool is classified as dead, indicating that normal trading functions have ceased.

Technical Details and Risk Flags

The technical data provides specific identifiers for this event. The pool contract address is 0xedc634f471f8842e74baef9219f6f6082cb027d5. The transaction or event that led to this state was deployed by the wallet address 0xecba2863fd1927fbb07c8082018d77418e7e5baf. Despite the severe loss of value, the on-chain risk flags are currently marked as ok. This metric suggests that while the pool is empty, the blockchain network itself is functioning normally and the contract has not been flagged as malicious by automated scanners at this specific moment. However, the health score of 20 reflects the poor condition of the liquidity.

Implications for Traders

For anyone monitoring the Base ecosystem, this event serves as a stark reminder of the volatility inherent in new token pairs. The WETH/SEAS pair was once a viable location for trading, holding real liquidity. The sudden shift to zero liquidity means that any attempt to enter a position now would result in an immediate failure or a trade larger than the available pool, which is impossible when the pool is empty. The 100% impact percentage is not a statistical anomaly but a confirmation that the entire pool has been drained. Investors should be aware that a pool with a health score of 20 and zero liquidity carries extreme risk, as the asset has effectively been removed from circulation.

  • The pool value dropped from $12,597 to $0.
  • The event occurred on the Base chain.
  • The deployer wallet is 0xecba2863fd1927fbb07c8082018d77418e7e5baf.
  • The current health score is 20.