Paradex Exchange Operational Background and Context Behind Paradex s Position Paradex operates as a decentralized perpetual futures exchange built on Starknet The project offers non custodial trading
The decentralized finance ecosystem was shaken on January 19 2026 when Paradex a prominent perpetual derivatives exchange operating as a Layer 2 app chain on Starknet Crypto News Starknet based derivatives platform Paradex will reverse its blockchain state following a technical malfunction that displayed Bitcoin at zero and automatically closed thousands of trader
Paradex Exchange
Paradex Exchange
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A Paradex glitch briefly priced Bitcoin at 0 triggering mass liquidations and a rare rollback The incident raises fresh concerns over DeFi immutability The price of Bitcoin plunged to 0 on Paradex s perps exchange leading to a liquidation cascade that required a chain rollback
Paradex shut down access to its block explorer shortly after the mass liquidations occurred But the exchange processed almost 1 6 billion worth of trades the day prior according to DefiLlama Get an overview of Paradex including its fees listed cryptocurrencies and statistics View charts of Paradex s trading volume over the past 24 hours
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Starknet based DEX Paradex reversed its blockchain to an earlier block after a database migration error briefly crashed bitcoin s price to zero Paradex is a next generation decentralized derivatives exchange that combines zero fee trading institutional grade privacy and better than CEX liquidity on its own Layer 2 blockchain called
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https://coincentral.com › paradex-network-down-as...
Operational Background and Context Behind Paradex s Position Paradex operates as a decentralized perpetual futures exchange built on Starknet The project offers non custodial trading
https://financefeeds.com › paradex-exchange-executes...
The decentralized finance ecosystem was shaken on January 19 2026 when Paradex a prominent perpetual derivatives exchange operating as a Layer 2 app chain on Starknet
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Paradex Exchange - [desc-13]