Paradex Incident Investigation Report: Abnormal liquidation caused by database upgrade; $650,000 refunded.

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According to Foresight News , Paradex released its incident investigation report for January 19th. During database upgrades and maintenance on January 19th, a Race Condition during a service restart caused data corruption and its release to the Paradex Chain, triggering partial market funding rate index resets and abnormal liquidations. The official decision was to roll back the chain state to the snapshot before maintenance and cancel all pending orders except for take-profit/stop-loss (TP/SL) orders.

Paradex completed an audit of the affected accounts within 24 hours and refunded a total of $650,000 from Liquidator Vault to 200 accounts. This incident marks the first time Paradex Chain has performed a rollback operation. Enhanced service restart procedures, additional data verification safeguards, and price range protection measures have been implemented during the post-only period. All data inconsistencies regarding the portfolio and Vault pages are expected to be resolved by January 26.

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