Mars Finance reports that the Paradex team stated that on January 19, the technical team identified the issue immediately and will roll back the blockchain state to block 1604710 (04:27:54 UTC). All accounts will be restored to their state before database maintenance. The technical team will continue the rollback process and will provide more updates via official Twitter and Discord in a timely manner. As part of the post-incident recovery procedure, the platform and vault withdrawal functions have now been re-enabled. The deposit and withdrawal functions of Gigavault will be temporarily suspended for 24 hours to complete the state verification process. Currently, all assets are secure.
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Perpetual DEX Paradex: Platform and vault withdrawal functions have been re-enabled
Mars Finance reports that the Paradex team stated that on January 19, the technical team identified the issue immediately and will roll back the blockchain state to block 1604710 (04:27:54 UTC). All accounts will be restored to their state before database maintenance. The technical team will continue the rollback process and will provide more updates via official Twitter and Discord in a timely manner. As part of the post-incident recovery procedure, the platform and vault withdrawal functions have now been re-enabled. The deposit and withdrawal functions of Gigavault will be temporarily suspended for 24 hours to complete the state verification process. Currently, all assets are secure.