Paradex, a perpetual DEX: Platform and vault withdrawal functions have been reactivated.
AI Summary1 min read
TL;DR
Paradex has reactivated platform and vault withdrawals after a blockchain rollback to fix an issue. Deposits and withdrawals from Gigavault are temporarily suspended for 24 hours for verification, with all assets safe.
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AvaultDiscoParadexblockchain rollbackwithdrawals reactivatedGigavault suspensionasset safety
According to Mars Finance, the Paradex team stated that on January 19th, the technical team identified the problem and rolled back the blockchain state to block 1604710 (04:27:54 UTC). All accounts will be restored to their state before the database maintenance. The technical team will continue the rollback operation and will provide further updates via official Twitter and Discord. As part of the post-incident recovery process, withdrawals from the platform and vault have been reactivated. Deposits and withdrawals from Gigavault will be temporarily suspended for 24 hours to complete the status verification process; all assets are currently safe.