UNILAWB/WETH Pool on Base Loses All $52k Liquidity
The UNILAWB/WETH pool on the Base blockchain experienced a severe reduction in available funds, falling from a high of $52,838 to just three dollars. This event marks the complete depletion of what was once an active market for this specific asset pair.
A trading venue on the Base network has effectively ceased functioning after its available funds vanished. The UNILAWB/WETH pair reached a maximum capacity of $52,838 before suffering a total loss of capital to users and observers.
The Event Details
On-chain records indicate that the pool contract at 0xc60bffb3c73165cfddde42c2570c2f2ff312252f was first flagged as problematic on June 22, 2026. By that time, the liquidity had already been extracted by an entity controlling wallet address 0xc8af4b0a8349f391017e893b2acd3f8014b7355b.
Impact on Traders
The drawdown represents a full removal of funds, leaving only $3 in the contract. This metric suggests that any attempt to trade against this pair would result in slippage so extreme it effectively prevents execution. The health score for this venue dropped to 16 out of 100, signaling severe distress.
What It Means
- The pool is now considered dead by standard metrics.
- No new liquidity has been added since the drain occurred.
- Risk flags remain neutral on-chain despite the event.
This situation illustrates how quickly a Base network token can lose its utility once capital leaves. The remaining value of $3 confirms that the vast majority of funds were removed in a single action, leaving no practical path for standard trading operations to resume without external intervention or new funding.