CoinVoice has learned 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 the database maintenance. The technical team will continue the rollback process and will provide more updates promptly via official Twitter and Discord.



As part of the post-incident recovery procedures, the platform and vault withdrawal functions have been re-enabled. Gigavault's deposit and withdrawal functions will be temporarily suspended for 24 hours to complete the state verification process. Currently, all assets are secure.
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