Nope. The coping is made out of aluminum, and the channel in the coping that holds the liner in is just disintegrating away. The deck is level all the way around, and the water level doesn't even come close to reaching this. I would think it must be some form of chemical reaction that is eating the aluminum away, but you would think that if that was the case, that this would be happening to all of the coping and not just this one section. One other note: The pool does have an auto cover, so it is covered most of the time.