WETH/USDi Pool on Base Collapses to Zero Liquidity
A specific liquidity pool on the Base blockchain involving WETH and USDi has completely drained its reserves. The pool, which once held over $10,000 in value, now shows zero liquidity and a health score of 20.
A liquidity pool on the Base blockchain has experienced a total collapse, losing every dollar of its recorded value. The event was first detected on June 9, 2026, at 16:08:49 UTC. At that specific moment, the pool recorded a drawdown of 100% from its highest point. This metric indicates that the entire amount of capital previously sitting in the pool has been removed or rendered inaccessible to traders. The current status of the pool is listed as dead, meaning no new trades can occur and existing liquidity has vanished.
The Numbers Behind the Collapse
The data reveals a stark contrast between the pool's potential and its current reality. At its peak, the pool held $10,232 in total liquidity. This figure represents the maximum amount of capital available for users to swap tokens against one another. However, the current liquidity standing is exactly $0. When a pool drops from $10,232 to $0, the drawdown percentage is mathematically 100%. This is not a partial loss where some funds remain; it is a complete extraction of the pool's assets. The health score for this specific pool is currently 20 out of 100. In risk assessment models, a score this low typically signals that the pool is no longer viable for standard trading operations.
Understanding the 100% Drawdown
For a reader analyzing on-chain data, a 100% drawdown requires careful interpretation. It does not merely mean the price of the tokens fell; it means the liquidity itself is gone. A drawdown of this magnitude implies that the deployer wallet, identified as 0xdc2ef2863e9e9dae77de65afc7be3f4570193215, or an external actor, removed all funds. The pool address 0x1bd20421564ed02bc685aa80391e9acced1052fe is now effectively empty. When a pool is empty, the risk flags might show as 'ok' because there is no longer any capital at risk, but the utility of the pair is nullified. The fact that the pool was once active suggests that users deposited funds expecting to trade WETH against USDi. The sudden transition to zero liquidity means those deposits are no longer accessible through the standard pool interface.
Implications for On-Chain Traders
This event highlights the volatility of decentralized finance pools, even on established chains like Base. When a pool collapses to zero, it serves as a warning signal for similar pairs. Traders should verify the health score and current liquidity before entering a position. A health score of 20 is a clear indicator that the pool is in a distressed state. The deployer wallet address is now associated with a failed project. Investors must understand that a pool with zero liquidity cannot facilitate swaps. The data confirms that the entire $10,232 peak value has been lost to the current state of the protocol. This situation underscores the importance of monitoring liquidity depth, as a pool can vanish entirely without warning, leaving users with no exit route for their assets.
- The pool address 0x1bd20421564ed02bc685aa80391e9acced1052fe is now inactive.
- Total liquidity lost from the peak is $10,232.
- The event occurred on the Base blockchain on June 9, 2026.
- The current health score is 20, indicating a failed state.