Paradex: The protocol will undergo a chain rollback, and user accounts will be restored to their state prior to database maintenance.

BlockBeats News, January 19, 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 is currently the last known correct state. All accounts will be restored to the state before the database maintenance.

Previously, it was reported that Starknet ecosystem Perp DEX Paradex announced temporary maintenance, and although the estimated maintenance completion time has passed, the protocol is still not online. According to community feedback, some users’ perpetual contract positions on Paradex were forcibly liquidated due to abnormally high funding rates.