$59k Liquidity Vanishes From WETH/MRBASE Pool
The WETH/MRBASE trading pair on the Base chain experienced a total loss of liquidity, dropping from a high of $61,684 to just $3. This event marks the complete drain of funds that were previously available for swapping.
A specific trading pair on the Base blockchain has effectively ceased operation after losing almost all its capital. The pool tracked contract address 0xaf27eaa51d2b6445dc8b30ba601f86917224175f was monitored starting June 18, 2026, at roughly 10:31 UTC. At that moment of detection, the health score for this asset pair had already fallen to a low rating of 20 out of 100.
The Scale of Loss
At its height before draining began, this specific pool held $61,684 in total value locked. By the time the event was fully recorded, that figure had shrunk to merely $3. This represents a drawdown where nearly every dollar previously available for trading disappeared from the contract.
Pool Health Indicators
The health score metric provides an objective measure of risk associated with this specific liquidity source. A score of 20 indicates severe distress, suggesting that standard swapping operations are no longer viable or safe within this environment. The deployer wallet identified as 0x440ce71150a88d1061e1f7866c615d97e2d77f20 is linked to the creation of this now-empty contract.
Implications for Traders
- Liquidity below $3 prevents meaningful price discovery or execution.
- A 100% drop means no new funds can enter without risking total loss.
- The pair is currently classified as dead by on-chain metrics.
Users attempting to interact with this specific contract address should be aware that the asset has been fully drained. The remaining value of $3 suggests a near-total extraction event occurred shortly after deployment or initial funding, leaving no buffer for standard market participants.