Paradex: The protocol will undergo a chain rollback, and user accounts will be restored to their state before the database maintenance.
BlockBeats News, January 19th, Paradex announced on its maintenance page that the issue has been identified, and the chain state will be rolled back to block 1604710 (UTC time 04:27:54). This is the state before the database maintenance and the last known correct state. All accounts will be reverted to the state before the database maintenance.
In a previous update, Starknet ecosystem Perp DEX Paradex announced temporary maintenance, which has now passed the expected maintenance completion time, but the protocol is still not live. According to community feedback, some users' perpetual contract trades on Paradex were liquidated due to abnormally high funding rates.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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