Paradex Paradex suffered a major outage after a maintenance failure forced a chain rollback reversing trades and liquidations while services were taken offline
Paradex has decided to roll back the chain after several services became unavailable subsequent to a database maintenance Starknet based DEX Paradex reversed its blockchain to an earlier block after a database migration error briefly crashed bitcoin s price to zero
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The outage prompted Paradex to issue scam warnings and force cancel orders while investigations continued with no cause or timeline disclosed 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
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 rolls back blockchain to block 1 604 710 after a maintenance glitch briefly misprices Bitcoin and other perpetual contracts restoring user funds and reversing abnormal liquidations
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Paradex operates as a decentralized perpetual futures exchange allowing users to trade leveraged crypto derivatives while retaining custody of their funds The model has attracted traders Paradex suffers platform wide outage amid rollback and recovery efforts Paradex outage knocks DEX perps trading offline as team starts recovery Crypto derivatives exchange Paradex
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Paradex suffered a major outage after a maintenance failure forced a chain rollback reversing trades and liquidations while services were taken offline
https://www.cryptopolitan.com › paradex-chain-rollback-maintenance-issues
Paradex has decided to roll back the chain after several services became unavailable subsequent to a database maintenance
Paradex Medium
Join Paradex On Galxe Quest
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