WETH/IMPECCABLE Pool on Base Drops to $3 From $59,707 Peak
A trading pair on the Base network has effectively ceased operation after its liquidity vanished. The event marks a complete loss of value for the pool, leaving only a nominal balance behind.
A specific liquidity pool on the Base blockchain has transitioned from active trading to a dead state. The pair, consisting of WETH and IMPECCABLE, once held significant capital but now shows a health score of 20. This metric indicates severe distress, confirming that the pool is no longer functional for standard trading activities.
The Event Details
The decline began on June 12, 2026, at 10:45 UTC. At that moment, the pool held a peak liquidity of $59,707. Since that date, the available funds have been removed entirely. The current liquidity stands at $3, representing a drawdown of 100% from the previous high. This figure means the entire pool was drained, leaving only a negligible amount of value.
Pool Mechanics
The contract address for this specific pool is 0x15f1e1dfcc863f92f941529be8e5074e2f51f9b5. The wallet responsible for deploying the contract is 0x1f2de3a13c1b2aabe69666ce4d77e3ddc8836e5a. While on-chain risk flags currently show as okay, the drastic reduction in liquidity suggests a rapid exit of funds occurred shortly after the initial detection. The swap function likely failed or returned near-zero value after the drain event.
Implications for Traders
For users monitoring the Base chain, this event serves as a clear indicator of volatility in new token pairs. A 100% drawdown implies that any attempt to trade after the event would have resulted in a total loss of the intended position. The remaining $3 is insufficient to facilitate any meaningful market activity. Investors should treat such sudden drops as definitive signals that a pool has been abandoned or emptied by its deployer.
- Peak liquidity was $59,707.
- Current liquidity is $3.
- Health score dropped to 20.